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