Middle 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
Middle income
Records
63
Source
Middle income | Merchandise exports to high-income economies (% of total merchandise exports)
1960 80.27038684
1961 80.51020942
1962 80.40923858
1963 80.72138465
1964 77.21493955
1965 76.08846953
1966 77.9155377
1967 79.90700093
1968 78.79437325
1969 79.06103789
1970 79.13153338
1971 78.63919824
1972 79.06680112
1973 78.92507849
1974 79.81188266
1975 77.68446759
1976 80.11349777
1977 79.69028197
1978 80.65118595
1979 81.84376529
1980 80.52422228
1981 75.51284783
1982 77.19822086
1983 77.81776379
1984 77.82408733
1985 77.8488039
1986 78.43371092
1987 78.57467589
1988 77.37859195
1989 79.41769682
1990 79.82411378
1991 81.92932267
1992 79.07799544
1993 79.42991455
1994 77.42594754
1995 75.57306026
1996 75.81440526
1997 77.03301787
1998 77.13154825
1999 79.37098028
2000 79.20352808
2001 78.06381797
2002 77.35355694
2003 76.6743383
2004 76.05995337
2005 75.04757644
2006 74.28529986
2007 71.33866829
2008 69.59265647
2009 68.08456735
2010 67.36792188
2011 65.2380732
2012 65.62220989
2013 65.13146607
2014 65.16206892
2015 66.19172222
2016 66.07373035
2017 64.5874748
2018 64.15379361
2019 63.52536428
2020 64.00734349
2021
2022
Middle 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
Middle income
Records
63
Source