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