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

Merchandise exports to high-income economies (% of total merchandise exports) in Burkina Faso was 84.32 as of 2020. Its highest value over the past 59 years was 86.87 in 2010, while its lowest value was 9.77 in 2003.

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
1961 18.92
1962 24.68
1963 31.52
1965 18.49
1966 26.42
1967 20.11
1968 24.40
1969 31.77
1970 44.23
1971 44.99
1972 38.01
1973 44.16
1974 52.03
1975 39.15
1976 71.95
1977 56.64
1978 45.77
1979 41.22
1980 49.96
1981 51.73
1982 63.78
1983 59.73
1984 71.46
1985 69.42
1986 76.34
1987 68.19
1988 76.01
1989 65.32
1990 60.22
1991 42.33
1992 50.64
1993 49.40
1994 59.70
1995 55.35
1996 45.85
1997 69.39
1998 55.60
1999 58.90
2000 76.49
2001 75.47
2002 73.01
2003 9.77
2004 19.66
2005 73.67
2006 68.49
2007 66.64
2008 71.97
2009 83.94
2010 86.87
2011 84.06
2012 75.20
2013 65.80
2014 67.15
2015 69.16
2016 78.34
2017 74.88
2018 70.34
2019 68.54
2020 84.32

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