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

Merchandise exports to high-income economies (% of total merchandise exports) in Congo was 23.94 as of 2020. Its highest value over the past 60 years was 95.38 in 1985, while its lowest value was 19.31 in 2019.

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 42.11
1961 63.40
1962 54.26
1963 64.82
1964 81.61
1965 89.27
1966 87.67
1967 84.52
1968 48.34
1969 54.75
1970 66.76
1971 64.74
1972 80.28
1973 77.28
1974 90.19
1975 82.14
1976 91.10
1977 87.80
1978 87.35
1979 72.58
1980 70.17
1981 71.47
1982 93.80
1983 92.23
1984 94.09
1985 95.38
1986 95.25
1987 90.70
1988 92.06
1989 92.83
1990 89.94
1991 81.96
1992 93.07
1993 93.37
1994 91.14
1995 92.83
1996 63.66
1997 87.25
1998 90.43
1999 89.10
2000 79.46
2001 72.90
2002 74.98
2003 63.78
2004 47.12
2005 43.40
2006 43.22
2007 32.99
2008 48.20
2009 50.51
2010 51.14
2011 49.42
2012 54.20
2013 35.47
2014 37.12
2015 35.87
2016 48.34
2017 35.32
2018 23.23
2019 19.31
2020 23.94

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