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

Merchandise exports to high-income economies (% of total merchandise exports) in Angola was 22.71 as of 2020. Its highest value over the past 60 years was 93.83 in 1998, while its lowest value was 20.96 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
1960 87.75
1961 87.51
1962 87.81
1963 88.32
1964 90.40
1965 89.14
1966 89.20
1967 88.88
1968 89.78
1969 89.73
1970 90.85
1971 89.40
1972 89.91
1973 89.08
1974 92.09
1981 82.69
1982 81.12
1983 83.46
1984 91.59
1985 86.59
1986 84.29
1987 85.61
1988 78.77
1989 80.60
1990 83.33
1991 89.68
1992 88.00
1993 92.72
1994 92.23
1995 89.32
1996 85.63
1997 84.43
1998 93.83
1999 90.09
2000 73.80
2001 75.83
2002 74.08
2003 71.49
2004 66.57
2005 56.87
2006 51.59
2007 26.20
2008 29.82
2009 43.43
2010 40.55
2011 42.60
2012 31.23
2013 34.18
2014 35.06
2015 39.18
2016 29.70
2017 20.96
2018 22.53
2019 24.01
2020 22.71

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