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

Merchandise exports to high-income economies (% of total merchandise exports) in Costa Rica was 74.92 as of 2020. Its highest value over the past 60 years was 93.11 in 1962, while its lowest value was 27.74 in 1999.

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 91.78
1961 91.76
1962 93.11
1963 92.13
1964 84.37
1965 78.44
1966 76.33
1967 74.11
1968 72.72
1969 75.27
1970 73.93
1971 74.53
1972 73.06
1973 68.48
1974 68.65
1975 70.53
1976 70.49
1977 69.70
1978 69.58
1979 73.24
1980 65.50
1981 63.88
1982 70.80
1983 67.10
1984 73.59
1985 76.85
1986 83.86
1987 82.74
1988 82.73
1989 81.81
1990 81.07
1991 80.21
1992 77.12
1993 86.19
1994 74.99
1995 73.17
1996 73.48
1997 49.95
1998 39.77
1999 27.74
2000 81.62
2001 75.50
2002 76.47
2003 75.23
2004 72.77
2005 73.09
2006 71.02
2007 67.43
2008 67.00
2009 66.02
2010 70.63
2011 71.79
2012 71.48
2013 71.18
2014 69.79
2015 71.64
2016 72.84
2017 72.63
2018 73.67
2019 75.12
2020 74.92

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