Hong Kong SAR, China - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Hong Kong SAR, China was 32.54 as of 2020. Its highest value over the past 60 years was 85.60 in 1976, while its lowest value was 30.86 in 2018.

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 61.81
1961 60.28
1962 66.71
1963 69.57
1964 75.56
1965 78.62
1966 75.83
1967 75.82
1968 79.83
1969 80.26
1970 83.85
1971 84.51
1972 85.47
1973 84.98
1974 82.70
1975 83.38
1976 85.60
1977 83.35
1978 83.34
1979 81.68
1980 76.32
1981 73.97
1982 74.82
1983 75.72
1984 72.04
1985 65.25
1986 69.50
1987 67.56
1988 64.45
1989 65.23
1990 65.33
1991 63.24
1992 60.48
1993 58.67
1994 58.00
1995 57.10
1996 56.35
1997 56.72
1998 57.97
1999 59.07
2000 57.67
2001 55.44
2002 52.62
2003 49.87
2004 48.41
2005 47.56
2006 45.40
2007 42.91
2008 42.16
2009 39.72
2010 37.21
2011 36.54
2012 35.27
2013 34.10
2014 33.99
2015 32.16
2016 32.83
2017 31.77
2018 30.86
2019 30.89
2020 32.54

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