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

Merchandise exports to high-income economies (% of total merchandise exports) in New Caledonia was 56.22 as of 2020. Its highest value over the past 57 years was 99.60 in 1980, while its lowest value was 56.22 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
1963 98.91
1964 99.52
1965 98.77
1966 99.23
1967 99.24
1968 98.99
1969 99.39
1970 99.20
1971 99.60
1972 98.66
1973 97.26
1974 97.08
1975 95.75
1976 94.20
1977 99.33
1978 98.19
1979 99.33
1980 99.60
1981 99.24
1982 97.87
1983 93.35
1984 93.07
1985 90.26
1986 89.28
1987 88.87
1988 91.05
1989 94.80
1990 94.58
1991 95.14
1992 95.14
1993 93.27
1994 95.37
1995 95.62
1996 96.22
1997 98.17
1998 94.48
1999 97.58
2000 97.27
2001 95.78
2002 93.08
2003 88.41
2004 82.93
2005 84.30
2006 81.86
2007 81.11
2008 88.89
2009 82.19
2010 91.35
2011 89.20
2012 82.92
2013 81.84
2014 74.51
2015 57.50
2016 58.64
2017 58.81
2018 62.62
2019 58.81
2020 56.22

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