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

Merchandise exports to high-income economies (% of total merchandise exports) in Israel was 67.63 as of 2020. Its highest value over the past 60 years was 82.95 in 1999, while its lowest value was 67.63 in 2020.

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 75.58
1961 76.95
1962 76.06
1963 79.79
1964 79.08
1965 79.42
1966 79.31
1967 79.11
1968 76.42
1969 78.09
1970 78.98
1971 78.40
1972 81.23
1973 82.43
1974 79.11
1975 77.68
1976 75.14
1977 73.01
1978 71.24
1979 74.94
1980 74.90
1981 72.70
1982 68.60
1983 74.12
1984 73.54
1985 76.25
1986 76.54
1987 74.25
1988 75.67
1989 77.50
1990 78.27
1991 77.33
1992 76.53
1993 75.55
1994 75.02
1995 77.21
1996 78.32
1997 82.70
1998 82.58
1999 82.95
2000 79.79
2001 80.51
2002 80.65
2003 79.96
2004 80.10
2005 81.34
2006 82.01
2007 79.60
2008 77.90
2009 76.22
2010 73.59
2011 73.22
2012 72.21
2013 71.18
2014 71.21
2015 67.86
2016 71.38
2017 75.17
2018 72.77
2019 71.24
2020 67.63

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