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

Merchandise exports to high-income economies (% of total merchandise exports) in Bolivia was 36.30 as of 2020. Its highest value over the past 60 years was 96.51 in 1965, while its lowest value was 29.62 in 2013.

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 88.07
1961 90.55
1962 96.32
1963 96.18
1964 95.87
1965 96.51
1966 95.21
1967 91.98
1968 92.60
1969 91.10
1970 87.02
1971 86.85
1972 72.66
1973 69.46
1974 65.98
1975 60.62
1976 64.48
1977 70.48
1978 69.96
1979 67.77
1980 60.44
1981 51.87
1982 47.22
1983 39.93
1984 41.99
1985 36.15
1986 36.17
1987 41.34
1988 48.57
1989 50.27
1990 51.35
1991 42.94
1992 43.72
1993 58.10
1994 54.83
1995 62.65
1996 58.50
1997 60.54
1998 60.50
1999 67.04
2000 60.22
2001 42.60
2002 40.77
2003 36.45
2004 34.80
2005 33.83
2006 34.82
2007 37.89
2008 33.46
2009 40.40
2010 38.39
2011 38.11
2012 34.23
2013 29.62
2014 34.79
2015 34.29
2016 44.53
2017 42.17
2018 38.21
2019 41.20
2020 36.30

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