Libya | Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. Development relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
State of Libya
Records
63
Source
Libya | Merchandise exports to high-income economies (% of total merchandise exports)
78.57142857 1960
87.21461187 1961
89.22749823 1962
94.0652819 1963
92.54807692 1964
94.4005022 1965
94.33165829 1966
92.49448124 1967
95.93739951 1968
95.38113695 1969
95.40919851 1970
96.20548961 1971
95.75426739 1972
91.79741261 1973
89.69712377 1974
91.20005247 1975
93.07405178 1976
93.86745087 1977
94.825724 1978
94.21876554 1979
91.06893563 1980
87.64076685 1981
87.64076685 1982
87.64076685 1983
87.64076685 1984
87.64076685 1985
84.7188877 1986
85.33548336 1987
86.88081132 1988
89.78605907 1989
84.46516124 1990
86.70049677 1991
84.51542495 1992
89.63239635 1993
87.24391937 1994
87.15141381 1995
86.58142968 1996
86.9365345 1997
83.26053956 1998
87.42283417 1999
81.18910575 2000
78.01466615 2001
77.6293247 2002
79.99746719 2003
79.6688575 2004
82.57830272 2005
83.57574772 2006
85.64857229 2007
87.30017024 2008
78.91276899 2009
87.62880438 2010
85.29926015 2011
84.69281436 2012
89.39242897 2013
91.03292532 2014
82.7023798 2015
86.72928202 2016
86.72051535 2017
76.4244337 2018
75.7903822 2019
73.11495198 2020
2021
2022
Libya | Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. Development relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
State of Libya
Records
63
Source