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

Merchandise exports to high-income economies (% of total merchandise exports) in Finland was 79.80 as of 2020. Its highest value over the past 60 years was 86.27 in 1992, while its lowest value was 62.73 in 1982.

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 69.97
1961 72.60
1962 69.45
1963 70.79
1964 75.67
1965 72.61
1966 73.73
1967 71.64
1968 74.26
1969 75.55
1970 77.45
1971 79.14
1972 78.99
1973 78.87
1974 74.70
1975 69.12
1976 69.36
1977 69.79
1978 70.63
1979 75.54
1980 70.74
1981 63.97
1982 62.73
1983 63.65
1984 70.98
1985 68.76
1986 71.28
1987 75.65
1988 77.28
1989 77.04
1990 78.29
1991 84.33
1992 86.27
1993 83.54
1994 83.98
1995 81.94
1996 81.13
1997 79.46
1998 80.50
1999 85.26
2000 83.00
2001 82.50
2002 83.57
2003 82.75
2004 78.66
2005 77.16
2006 76.93
2007 76.59
2008 74.56
2009 76.14
2010 74.17
2011 73.72
2012 73.43
2013 74.63
2014 76.77
2015 78.81
2016 78.77
2017 78.66
2018 78.10
2019 78.31
2020 79.80

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