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

Merchandise exports to high-income economies (% of total merchandise exports) in Denmark was 84.90 as of 2020. Its highest value over the past 60 years was 93.64 in 1999, while its lowest value was 84.90 in 2020.

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 86.60
1961 87.90
1962 88.78
1963 89.45
1964 89.24
1965 88.84
1966 89.87
1967 88.36
1968 88.37
1969 88.19
1970 88.03
1971 88.92
1972 88.45
1973 89.13
1974 87.99
1975 87.67
1976 88.50
1977 86.98
1978 87.57
1979 88.80
1980 88.34
1981 87.16
1982 87.43
1983 88.40
1984 88.08
1985 89.60
1986 90.25
1987 90.70
1988 90.33
1989 90.55
1990 89.43
1991 91.51
1992 90.55
1993 90.89
1994 89.88
1995 89.15
1996 90.17
1997 89.89
1998 90.56
1999 93.64
2000 93.44
2001 92.79
2002 93.03
2003 92.51
2004 92.05
2005 91.71
2006 92.48
2007 90.89
2008 89.92
2009 90.11
2010 89.30
2011 88.73
2012 87.63
2013 86.92
2014 87.41
2015 86.89
2016 86.37
2017 85.91
2018 86.15
2019 85.48
2020 84.90

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