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

Merchandise exports to high-income economies (% of total merchandise exports) in Ethiopia was 49.29 as of 2020. Its highest value over the past 60 years was 87.05 in 1991, while its lowest value was 39.74 in 2001.

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 73.34
1961 77.66
1962 78.00
1963 76.31
1964 81.41
1965 86.51
1966 85.08
1967 83.86
1968 83.16
1969 82.47
1970 85.16
1971 82.51
1972 78.93
1973 77.60
1974 75.95
1975 69.33
1976 78.04
1977 72.99
1978 79.13
1979 77.94
1980 67.98
1981 70.61
1982 75.51
1983 73.18
1984 73.17
1985 73.59
1986 73.59
1987 74.69
1988 78.23
1989 76.89
1990 74.57
1991 87.05
1992 86.92
1993 79.64
1994 82.84
1995 79.85
1996 79.16
1997 81.73
1998 83.76
1999 70.71
2000 81.72
2001 39.74
2002 72.76
2003 63.64
2004 76.73
2005 71.47
2006 73.53
2007 75.84
2008 77.40
2009 60.66
2010 63.85
2011 67.64
2012 58.86
2013 43.55
2014 44.39
2015 49.13
2016 42.24
2017 46.29
2018 44.02
2019 46.42
2020 49.29

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