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

Merchandise exports to high-income economies (% of total merchandise exports) in IDA only was 54.40 as of 2020. Its highest value over the past 60 years was 74.48 in 1977, while its lowest value was 50.23 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 70.87
1961 73.58
1962 70.96
1963 68.72
1964 71.02
1965 70.00
1966 72.43
1967 72.88
1968 71.43
1969 73.13
1970 70.72
1971 73.16
1972 68.19
1973 68.67
1974 67.99
1975 66.73
1976 74.34
1977 74.48
1978 71.41
1979 69.22
1980 67.93
1981 68.45
1982 71.12
1983 68.23
1984 68.72
1985 67.01
1986 66.26
1987 65.77
1988 66.60
1989 63.91
1990 65.75
1991 64.33
1992 66.07
1993 64.17
1994 64.08
1995 63.17
1996 57.01
1997 60.64
1998 69.03
1999 66.84
2000 63.61
2001 64.81
2002 64.77
2003 63.25
2004 57.98
2005 54.61
2006 57.60
2007 58.57
2008 53.39
2009 52.44
2010 54.16
2011 54.54
2012 51.31
2013 50.23
2014 50.32
2015 52.70
2016 52.59
2017 52.83
2018 50.86
2019 53.42
2020 54.40

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