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