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

Merchandise exports to high-income economies (% of total merchandise exports) in Albania was 76.48 as of 2020. Its highest value over the past 39 years was 96.77 in 1998, while its lowest value was 57.44 in 1987.

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
1981 68.27
1982 65.71
1983 71.57
1984 66.84
1985 59.07
1986 63.74
1987 57.44
1988 64.17
1989 60.40
1990 66.97
1991 80.69
1992 71.98
1993 77.45
1994 87.64
1995 82.52
1996 89.33
1997 95.94
1998 96.77
1999 96.63
2000 96.05
2001 93.45
2002 95.14
2003 94.94
2004 91.25
2005 92.90
2006 94.06
2007 89.15
2008 79.89
2009 80.51
2010 76.46
2011 75.56
2012 78.51
2013 74.74
2014 74.44
2015 73.66
2016 79.46
2017 78.81
2018 79.16
2019 78.10
2020 76.48

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