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

Merchandise exports to high-income economies (% of total merchandise exports) in Ireland was 88.65 as of 2020. Its highest value over the past 60 years was 94.67 in 2004, while its lowest value was 84.19 in 1981.

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 90.62
1961 90.50
1962 89.83
1963 90.11
1964 90.14
1965 91.47
1966 90.72
1967 92.69
1968 92.00
1969 92.45
1970 93.11
1971 91.77
1972 90.54
1973 91.70
1974 89.36
1975 89.23
1976 88.19
1977 87.14
1978 87.18
1979 85.73
1980 84.47
1981 84.19
1982 85.07
1983 86.14
1984 87.26
1985 87.66
1986 88.14
1987 88.83
1988 88.80
1989 89.31
1990 90.20
1991 90.50
1992 90.80
1993 87.70
1994 88.19
1995 87.80
1996 85.37
1997 85.74
1998 86.95
1999 91.99
2000 91.10
2001 91.40
2002 93.96
2003 94.54
2004 94.67
2005 94.24
2006 92.95
2007 92.36
2008 92.18
2009 92.91
2010 92.84
2011 93.03
2012 92.36
2013 91.76
2014 90.90
2015 92.08
2016 91.44
2017 89.26
2018 89.82
2019 89.29
2020 88.65

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