South Asia (IDA & IBRD) | 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
South Asia (IDA & IBRD)
Records
63
Source
South Asia (IDA & IBRD) | Merchandise exports to high-income economies (% of total merchandise exports)
1960 68.14080271
1961 67.74178769
1962 66.273353
1963 68.31297431
1964 62.94932625
1965 60.58127262
1966 61.16775499
1967 65.33612567
1968 64.88708843
1969 61.21984419
1970 59.61699526
1971 59.78777759
1972 59.4937119
1973 61.30945048
1974 57.78031683
1975 55.83628072
1976 64.61309502
1977 61.27470134
1978 62.97983757
1979 63.33974364
1980 57.66013586
1981 53.38273598
1982 59.88951415
1983 62.79156622
1984 63.60630043
1985 64.63131099
1986 69.51508714
1987 72.8110403
1988 72.06647745
1989 82.42137679
1990 68.41194536
1991 72.8380523
1992 74.2914623
1993 74.45610321
1994 77.36960553
1995 72.95992971
1996 74.60492953
1997 77.73900615
1998 79.25567655
1999 79.49936321
2000 76.28464471
2001 72.90856121
2002 73.0965177
2003 71.91223295
2004 71.28603273
2005 70.00445603
2006 69.03017407
2007 66.78082243
2008 66.61313055
2009 66.0975082
2010 64.18601872
2011 63.70315686
2012 64.34095726
2013 61.63218595
2014 62.06826379
2015 64.60102215
2016 65.84959107
2017 64.67020645
2018 62.99447091
2019 62.86316695
2020 61.9575577
2021
2022
South Asia (IDA & IBRD) | 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
South Asia (IDA & IBRD)
Records
63
Source