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

Merchandise exports to high-income economies (% of total merchandise exports) in Ghana was 52.59 as of 2020. Its highest value over the past 60 years was 92.74 in 1991, while its lowest value was 32.19 in 2010.

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 85.85
1961 91.93
1962 87.82
1963 84.01
1964 85.15
1965 76.80
1966 74.90
1967 83.35
1968 88.87
1969 90.49
1970 81.67
1971 89.49
1972 82.35
1973 82.62
1974 85.67
1975 79.60
1976 81.22
1977 82.23
1978 82.77
1979 72.09
1980 76.17
1981 87.83
1982 85.56
1983 69.05
1984 77.73
1985 76.84
1986 76.78
1987 79.97
1988 81.08
1989 81.08
1990 83.94
1991 92.74
1992 76.49
1993 70.92
1994 71.44
1995 76.54
1996 74.79
1997 75.50
1998 78.84
1999 74.06
2000 82.60
2001 84.53
2002 85.94
2003 86.47
2004 82.11
2005 52.48
2006 49.96
2007 43.72
2008 33.90
2009 34.92
2010 32.19
2011 40.69
2012 49.90
2013 57.13
2014 51.67
2015 52.98
2016 49.06
2017 42.54
2018 41.36
2019 47.04
2020 52.59

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