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

Merchandise exports to high-income economies (% of total merchandise exports) in Suriname was 89.63 as of 2020. Its highest value over the past 60 years was 96.88 in 1966, while its lowest value was 79.41 in 1982.

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 91.12
1961 94.17
1963 94.57
1965 95.25
1966 96.88
1967 85.69
1968 85.64
1969 79.93
1970 92.59
1971 92.85
1972 90.29
1973 92.74
1974 82.29
1975 82.81
1976 94.03
1977 90.22
1978 93.52
1979 86.74
1980 84.33
1981 88.65
1982 79.41
1983 85.14
1984 82.57
1985 80.59
1986 84.13
1987 90.96
1988 91.95
1989 91.69
1990 94.89
1991 90.75
1992 85.12
1993 81.11
1994 87.67
1995 88.04
1996 87.92
1997 88.42
1998 91.76
1999 90.40
2000 79.45
2001 93.48
2002 91.78
2003 90.96
2004 96.82
2005 93.75
2006 92.99
2007 93.26
2008 88.47
2009 91.73
2010 91.21
2011 92.21
2012 90.81
2013 92.28
2014 86.16
2015 90.46
2016 95.09
2017 86.51
2018 94.02
2019 85.84
2020 89.63

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