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

Merchandise exports to high-income economies (% of total merchandise exports) in IDA total was 50.12 as of 2020. Its highest value over the past 60 years was 78.01 in 1978, while its lowest value was 46.93 in 2014.

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 73.29
1961 74.71
1962 73.36
1963 72.17
1964 70.91
1965 70.45
1966 73.19
1967 74.74
1968 72.13
1969 73.98
1970 72.70
1971 75.55
1972 73.59
1973 73.56
1974 74.65
1975 72.87
1976 74.13
1977 74.39
1978 78.01
1979 76.61
1980 68.84
1981 69.25
1982 75.18
1983 74.99
1984 75.53
1985 77.70
1986 73.64
1987 74.43
1988 74.97
1989 73.07
1990 74.60
1991 72.80
1992 74.37
1993 72.43
1994 70.63
1995 67.88
1996 65.02
1997 67.10
1998 69.61
1999 67.28
2000 64.67
2001 64.60
2002 64.56
2003 63.96
2004 59.87
2005 58.97
2006 59.79
2007 58.85
2008 55.31
2009 53.49
2010 54.03
2011 53.88
2012 51.48
2013 48.74
2014 46.93
2015 48.83
2016 49.46
2017 49.73
2018 47.39
2019 48.62
2020 50.12

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