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

Merchandise exports to high-income economies (% of total merchandise exports) in Honduras was 68.72 as of 2020. Its highest value over the past 60 years was 90.10 in 1986, while its lowest value was 62.75 in 2013.

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 77.73
1961 80.42
1962 78.57
1963 81.52
1964 78.49
1965 79.70
1966 82.07
1967 82.32
1968 72.54
1969 77.06
1970 80.12
1971 87.18
1972 86.14
1973 84.29
1974 73.79
1975 76.64
1976 80.12
1977 84.67
1978 86.40
1979 86.71
1980 84.27
1981 83.02
1982 82.11
1983 82.92
1984 88.87
1985 82.92
1986 90.10
1987 77.94
1988 72.93
1989 70.72
1990 72.94
1991 74.89
1992 76.21
1993 71.98
1994 70.07
1995 71.32
1996 65.16
1997 70.92
1998 65.18
1999 82.96
2000 70.44
2001 69.80
2002 73.70
2003 70.66
2004 68.48
2005 72.13
2006 68.79
2007 67.88
2008 64.63
2009 67.14
2010 68.01
2011 68.09
2012 69.72
2013 62.75
2014 63.62
2015 66.78
2016 67.42
2017 72.83
2018 70.77
2019 71.63
2020 68.72

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