Low income | 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
Low income
Records
63
Source
Low income | Merchandise exports to high-income economies (% of total merchandise exports)
65.50756467 1960
67.48204668 1961
64.73288587 1962
62.34420163 1963
66.10095208 1964
66.64825883 1965
69.1598107 1966
69.48151776 1967
66.81595965 1968
69.65364298 1969
67.05615361 1970
69.97335025 1971
64.27405359 1972
64.90774381 1973
65.16235813 1974
63.30726384 1975
73.48091842 1976
72.67513678 1977
66.72780639 1978
65.39776903 1979
64.29032776 1980
66.65669916 1981
70.45316514 1982
67.85535344 1983
67.7503464 1984
67.99676274 1985
63.5007708 1986
63.43402357 1987
64.08245077 1988
59.16403936 1989
64.5522449 1990
61.24844074 1991
66.42833431 1992
61.6900812 1993
62.14073394 1994
59.1229527 1995
46.55522928 1996
53.58364739 1997
69.53188854 1998
65.56021278 1999
58.98017741 2000
61.94943909 2001
62.67134121 2002
58.79557425 2003
51.05665112 2004
46.3938983 2005
53.29797356 2006
56.37548575 2007
50.82640718 2008
47.99299668 2009
52.58651288 2010
52.58619662 2011
45.77216791 2012
43.58366785 2013
44.13025089 2014
44.86340867 2015
43.36609023 2016
46.80292668 2017
42.54233637 2018
48.06663247 2019
48.85327874 2020
2021
2022

Low income | 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
Low income
Records
63
Source