Central African Republic - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Central African Republic was 55.87 as of 2020. Its highest value over the past 60 years was 100.00 in 1961, while its lowest value was 8.39 in 1994.

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 74.82
1961 100.00
1963 95.00
1964 95.16
1965 93.87
1966 96.76
1967 95.50
1968 98.58
1969 88.48
1970 75.25
1971 68.05
1972 83.32
1973 87.02
1974 81.95
1975 76.17
1976 83.61
1977 80.07
1978 70.99
1979 75.72
1980 77.86
1981 68.19
1982 70.59
1983 67.87
1984 51.68
1985 65.58
1986 61.31
1987 52.34
1988 52.25
1989 42.66
1990 15.63
1991 11.39
1992 11.62
1993 14.49
1994 8.39
1995 17.98
1996 33.09
1997 28.79
1998 90.52
1999 83.97
2000 93.87
2001 94.35
2002 94.68
2003 94.61
2004 50.77
2005 82.11
2006 87.61
2007 81.48
2008 74.32
2009 83.79
2010 87.17
2011 65.01
2012 76.39
2013 74.62
2014 66.98
2015 84.58
2016 44.74
2017 66.80
2018 58.84
2019 61.00
2020 55.87

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