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)
1960 78.57142857
1961 87.21461187
1962 89.22749823
1963 94.0652819
1964 92.54807692
1965 94.4005022
1966 94.33165829
1967 92.49448124
1968 95.93739951
1969 95.38113695
1970 95.40919851
1971 96.20548961
1972 95.75426739
1973 91.79741261
1974 89.69712377
1975 91.20005247
1976 93.07405178
1977 93.86745087
1978 94.825724
1979 94.21876554
1980 91.06893563
1981 87.64076685
1982 87.64076685
1983 87.64076685
1984 87.64076685
1985 87.64076685
1986 84.7188877
1987 85.33548336
1988 86.88081132
1989 89.78605907
1990 84.46516124
1991 86.70049677
1992 84.51542495
1993 89.63239635
1994 87.24391937
1995 87.15141381
1996 86.58142968
1997 86.9365345
1998 83.26053956
1999 87.42283417
2000 81.18910575
2001 78.01466615
2002 77.6293247
2003 79.99746719
2004 79.6688575
2005 82.57830272
2006 83.57574772
2007 85.64857229
2008 87.30017024
2009 78.91276899
2010 87.62880438
2011 85.29926015
2012 84.69281436
2013 89.39242897
2014 91.03292532
2015 82.7023798
2016 86.72928202
2017 86.72051535
2018 76.4244337
2019 75.7903822
2020 73.11495198
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