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

Merchandise exports to high-income economies (% of total merchandise exports) in Greece was 70.32 as of 2020. Its highest value over the past 60 years was 84.62 in 1987, while its lowest value was 53.95 in 2012.

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 74.84
1961 73.17
1962 72.65
1963 76.57
1964 77.00
1965 73.26
1966 67.61
1967 72.55
1968 74.40
1969 72.15
1970 71.73
1971 75.55
1972 76.86
1973 75.92
1974 70.38
1975 69.23
1976 72.56
1977 70.02
1978 73.47
1979 72.10
1980 70.09
1981 68.17
1982 70.98
1983 74.98
1984 77.07
1985 75.93
1986 81.92
1987 84.62
1988 83.45
1989 84.03
1990 83.86
1991 84.47
1992 84.28
1993 78.68
1994 75.62
1995 77.87
1996 73.50
1997 71.86
1998 73.58
1999 75.24
2000 72.91
2001 72.72
2002 72.27
2003 73.32
2004 72.81
2005 71.28
2006 71.45
2007 70.63
2008 68.58
2009 66.67
2010 64.77
2011 62.98
2012 53.95
2013 54.77
2014 56.00
2015 65.51
2016 65.93
2017 65.66
2018 63.63
2019 65.76
2020 70.32

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