World | 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
World
Records
63
Source
World | Merchandise exports to high-income economies (% of total merchandise exports)
70.67307101 1960
71.34738869 1961
72.57223777 1962
72.84004939 1963
72.38705183 1964
72.92623776 1965
73.37819487 1966
74.33711065 1967
74.44458493 1968
75.03976016 1969
74.46038223 1970
74.56152029 1971
75.03225208 1972
74.97217944 1973
73.33040957 1974
70.31441154 1975
73.08206091 1976
73.2905705 1977
73.37370024 1978
74.91482241 1979
73.6559226 1980
72.56679048 1981
73.35372671 1982
74.95984039 1983
75.88620761 1984
76.21701119 1985
77.9882372 1986
79.14496224 1987
78.87061534 1988
79.30105938 1989
79.40320981 1990
79.59658315 1991
78.71423338 1992
77.71125331 1993
77.47170287 1994
76.94170981 1995
76.58534106 1996
77.36899492 1997
78.66521114 1998
82.08862912 1999
80.46735532 2000
80.06082192 2001
79.71467597 2002
79.01586081 2003
77.98831365 2004
76.85036578 2005
76.07225956 2006
74.68306084 2007
72.99312469 2008
71.97572704 2009
70.22596102 2010
69.14561794 2011
68.35117347 2012
68.00890284 2013
68.38860688 2014
69.19706875 2015
69.70358828 2016
68.49137505 2017
68.21893689 2018
68.18972125 2019
68.45267768 2020
2021
2022
World | 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
World
Records
63
Source