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

Merchandise exports to high-income economies (% of total merchandise exports) in IBRD only was 65.45 as of 2020. Its highest value over the past 60 years was 81.10 in 1991, while its lowest value was 65.05 in 2019.

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 76.88
1961 76.80
1962 76.92
1963 77.53
1964 75.20
1965 74.40
1966 75.99
1967 77.24
1968 76.78
1969 76.60
1970 72.34
1971 71.57
1972 70.09
1973 72.17
1974 73.78
1975 70.09
1976 73.13
1977 72.78
1978 72.93
1979 74.93
1980 74.66
1981 71.74
1982 73.29
1983 74.50
1984 74.43
1985 74.51
1986 74.57
1987 75.75
1988 74.79
1989 77.29
1990 78.66
1991 81.10
1992 78.51
1993 79.13
1994 77.20
1995 75.52
1996 75.37
1997 76.61
1998 76.91
1999 79.59
2000 79.38
2001 78.32
2002 77.74
2003 77.11
2004 76.38
2005 75.44
2006 74.84
2007 72.05
2008 70.40
2009 69.09
2010 68.28
2011 66.32
2012 66.43
2013 66.07
2014 66.35
2015 67.41
2016 67.31
2017 65.90
2018 65.59
2019 65.05
2020 65.45

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