Upper 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
Upper middle income
Records
63
Source
Upper middle income | Merchandise exports to high-income economies (% of total merchandise exports)
85.29336851 1960
85.27050729 1961
85.50468252 1962
85.50724861 1963
82.55968061 1964
81.09220414 1965
81.21380214 1966
82.9640537 1967
82.69047096 1968
82.83427782 1969
83.01427162 1970
82.37277079 1971
82.76876713 1972
80.18188645 1973
79.96607656 1974
78.11290123 1975
80.92071665 1976
79.74204853 1977
79.78547818 1978
80.26928223 1979
78.92730608 1980
73.50365038 1981
73.88418586 1982
75.20428294 1983
75.40894976 1984
76.01151361 1985
77.72331493 1986
77.69337258 1987
77.00709602 1988
78.98292916 1989
80.80281181 1990
83.11498713 1991
79.3579519 1992
80.16862038 1993
77.73649341 1994
76.70684054 1995
76.67336687 1996
77.52590468 1997
77.52616567 1998
80.57516167 1999
80.79834545 2000
79.81477029 2001
79.03034756 2002
78.33752542 2003
77.94017821 2004
77.18813068 2005
76.60399283 2006
73.87792083 2007
71.98515237 2008
70.14611904 2009
69.56762134 2010
67.37854009 2011
68.05255722 2012
67.63535173 2013
67.56014047 2014
68.02670571 2015
67.57823702 2016
66.47671344 2017
66.21351099 2018
65.24346949 2019
65.58030676 2020
2021
2022
Upper 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
Upper middle income
Records
63
Source