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

Merchandise exports to high-income economies (% of total merchandise exports) in Austria was 88.17 as of 2020. Its highest value over the past 60 years was 92.86 in 1999, while its lowest value was 75.25 in 1975.

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 75.84
1961 77.07
1962 79.05
1963 79.39
1964 80.20
1965 79.05
1966 79.27
1967 78.52
1968 79.12
1969 81.03
1970 80.90
1971 81.42
1972 82.74
1973 82.36
1974 77.69
1975 75.25
1976 76.65
1977 78.21
1978 79.40
1979 78.48
1980 78.53
1981 76.44
1982 76.29
1983 76.57
1984 77.17
1985 78.38
1986 81.82
1987 83.54
1988 83.33
1989 84.25
1990 84.96
1991 85.74
1992 85.61
1993 91.12
1994 90.33
1995 90.62
1996 90.01
1997 89.82
1998 91.81
1999 92.86
2000 92.61
2001 91.63
2002 91.39
2003 91.20
2004 90.53
2005 89.20
2006 89.13
2007 88.09
2008 86.88
2009 86.73
2010 86.55
2011 86.52
2012 85.88
2013 86.05
2014 86.55
2015 87.67
2016 88.13
2017 87.84
2018 87.84
2019 87.44
2020 88.17

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