United States | 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
United States of America
Records
63
Source
United States | Merchandise exports to high-income economies (% of total merchandise exports)
1960 66.71049428
1961 66.92590295
1962 66.24259808
1963 66.28571429
1964 66.12671802
1965 68.52579745
1966 68.1605294
1967 70.86947981
1968 71.76764667
1969 73.57357357
1970 72.80836118
1971 72.91935681
1972 73.26654956
1973 71.9448905
1974 69.52768675
1975 66.69176842
1976 69.00221537
1977 70.55435607
1978 69.42648143
1979 70.07129322
1980 68.2123732
1981 67.86507679
1982 69.49929628
1983 73.347724
1984 72.39548069
1985 72.79164439
1986 74.86680526
1987 75.86178531
1988 75.44650887
1989 75.56292051
1990 75.69578579
1991 74.40735979
1992 72.26962423
1993 71.96284307
1994 71.47890794
1995 72.38353335
1996 71.45114043
1997 71.63481462
1998 71.0469757
1999 72.10633287
2000 70.43977377
2001 69.52049585
2002 69.1063173
2003 69.07141831
2004 68.3085215
2005 67.96167899
2006 66.79526321
2007 66.33159312
2008 64.89337138
2009 63.58522485
2010 61.76830347
2011 60.95625868
2012 60.5816388
2013 59.63396775
2014 59.56124995
2015 60.42834893
2016 60.4541506
2017 59.88949045
2018 60.23422452
2019 61.1725724
2020 60.39028228
2021
2022
United States | 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
United States of America
Records
63
Source