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

Merchandise exports to high-income economies (% of total merchandise exports) in Canada was 89.29 as of 2020. Its highest value over the past 60 years was 96.70 in 1999, while its lowest value was 81.05 in 1964.

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 85.93
1961 85.03
1962 86.23
1963 83.75
1964 81.05
1965 83.42
1966 83.01
1967 86.81
1968 87.58
1969 89.05
1970 86.28
1971 86.78
1972 85.67
1973 86.72
1974 84.50
1975 82.92
1976 85.30
1977 86.07
1978 85.65
1979 85.36
1980 82.93
1981 83.51
1982 83.72
1983 85.80
1984 87.67
1985 88.43
1986 89.23
1987 88.98
1988 88.50
1989 89.79
1990 93.33
1991 93.19
1992 93.34
1993 95.20
1994 95.16
1995 94.38
1996 94.81
1997 95.27
1998 96.42
1999 96.70
2000 96.46
2001 96.27
2002 96.37
2003 96.05
2004 95.27
2005 94.79
2006 93.88
2007 92.83
2008 91.76
2009 90.41
2010 90.42
2011 89.86
2012 89.66
2013 89.81
2014 90.71
2015 90.04
2016 90.04
2017 90.07
2018 89.63
2019 90.32
2020 89.29

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