Chile - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Chile was 43.43 as of 2020. Its highest value over the past 60 years was 92.00 in 1960, while its lowest value was 43.43 in 2020.

Definition: 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.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 92.00
1961 90.72
1962 89.15
1963 88.52
1964 87.33
1965 88.53
1966 89.77
1967 86.13
1968 88.73
1969 87.06
1970 85.37
1971 81.27
1972 81.38
1973 84.94
1974 75.47
1975 68.37
1976 63.07
1977 63.50
1978 63.93
1979 63.96
1980 66.58
1981 68.61
1982 71.68
1983 76.98
1984 74.14
1985 72.97
1986 72.78
1987 73.76
1988 77.76
1989 78.30
1990 78.28
1991 76.82
1992 72.96
1993 71.49
1994 70.37
1995 70.69
1996 64.63
1997 65.14
1998 62.65
1999 68.44
2000 65.85
2001 64.13
2002 64.17
2003 65.17
2004 65.43
2005 64.31
2006 65.88
2007 59.15
2008 58.53
2009 51.99
2010 51.50
2011 52.98
2012 52.23
2013 50.16
2014 50.21
2015 48.53
2016 48.35
2017 48.77
2018 45.93
2019 46.59
2020 43.43

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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports