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

Merchandise exports to high-income economies (% of total merchandise exports) in Malaysia was 61.02 as of 2020. Its highest value over the past 53 years was 87.60 in 1972, while its lowest value was 59.14 in 2017.

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
1967 84.82
1968 84.51
1969 83.57
1970 85.10
1971 85.41
1972 87.60
1973 84.22
1974 84.38
1975 85.10
1976 87.06
1977 85.29
1978 85.89
1979 86.56
1980 85.35
1981 85.31
1982 84.59
1983 82.72
1984 82.77
1985 84.14
1986 84.80
1987 84.11
1988 84.06
1989 84.94
1990 84.00
1991 85.97
1992 85.27
1993 84.90
1994 83.00
1995 83.18
1996 83.08
1997 83.98
1998 82.55
1999 83.80
2000 83.36
2001 81.96
2002 79.57
2003 77.33
2004 75.95
2005 75.22
2006 73.81
2007 70.91
2008 68.39
2009 65.46
2010 64.19
2011 62.38
2012 62.45
2013 61.46
2014 63.41
2015 61.80
2016 59.20
2017 59.14
2018 60.76
2019 60.09
2020 61.02

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