Trinidad and Tobago | 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
Republic of Trinidad and Tobago
Records
63
Source
Trinidad and Tobago | Merchandise exports to high-income economies (% of total merchandise exports)
71.89132706 1960
71.95936139 1961
74.37825333 1962
76.72113582 1963
78.19753086 1964
78.1483325 1965
74.10155344 1966
77.86470318 1967
78.21131083 1968
79.55580497 1969
78.18235393 1970
76.98138143 1971
74.66311671 1972
77.59313818 1973
84.80947988 1974
80.36930212 1975
81.66430307 1976
80.93711787 1977
80.31386155 1978
78.38996353 1979
76.7314718 1980
77.56749639 1981
72.28730422 1982
78.63888695 1983
80.66575884 1984
83.91998425 1985
85.47836331 1986
81.13950436 1987
76.87673529 1988
75.02952106 1989
74.03472926 1990
70.23499759 1991
64.71674682 1992
64.50712289 1993
58.47078526 1994
53.66528889 1995
65.66267254 1996
65.66227796 1997
60.58066546 1998
66.7184577 1999
69.42336602 2000
68.98054805 2001
72.13216193 2002
65.44726134 2003
73.43855648 2004
65.76254386 2005
69.74725353 2006
68.91056953 2007
62.74469493 2008
68.38512964 2009
61.36505931 2010
64.36312218 2011
68.47319075 2012
61.60129665 2013
64.67811564 2014
59.32730079 2015
55.53602293 2016
56.26840414 2017
52.89961436 2018
76.70574481 2019
62.35808389 2020
2021
2022
Trinidad and Tobago | 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
Republic of Trinidad and Tobago
Records
63
Source