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

Merchandise exports to high-income economies (% of total merchandise exports) in Madagascar was 81.10 as of 2020. Its highest value over the past 60 years was 95.47 in 2002, while its lowest value was 57.40 in 1975.

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 83.45
1961 79.81
1962 81.43
1963 88.34
1964 87.85
1965 92.67
1966 91.77
1967 80.79
1968 78.53
1969 83.20
1970 78.65
1971 77.87
1972 79.37
1973 79.64
1974 82.32
1975 57.40
1976 77.29
1977 82.57
1978 75.70
1979 74.63
1980 80.04
1981 59.05
1982 64.60
1983 85.80
1984 94.55
1985 84.46
1986 89.58
1987 91.95
1988 90.69
1989 83.70
1990 93.19
1991 88.25
1992 86.78
1993 90.36
1994 92.07
1995 86.45
1996 87.29
1997 85.55
1998 83.31
1999 78.67
2000 91.14
2001 92.55
2002 95.47
2003 94.67
2004 95.22
2005 85.61
2006 72.70
2007 78.36
2008 83.53
2009 78.17
2010 75.45
2011 77.24
2012 73.10
2013 79.29
2014 81.62
2015 77.39
2016 80.30
2017 81.45
2018 71.73
2019 79.87
2020 81.10

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