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

Merchandise exports to high-income economies (% of total merchandise exports) in Jamaica was 83.99 as of 2020. Its highest value over the past 60 years was 97.68 in 1963, while its lowest value was 78.43 in 2006.

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 96.65
1961 96.13
1962 95.24
1963 97.68
1964 96.74
1965 95.55
1966 94.58
1967 95.14
1968 93.93
1969 83.75
1970 94.76
1971 92.16
1972 94.52
1973 90.54
1974 89.60
1975 86.22
1976 92.58
1977 91.71
1978 89.79
1979 90.14
1980 86.56
1981 84.53
1982 87.56
1983 90.69
1984 88.38
1985 86.39
1986 88.90
1987 91.25
1988 92.06
1989 90.50
1990 86.95
1991 88.77
1992 90.00
1993 88.80
1994 86.64
1995 87.12
1996 86.10
1997 83.09
1998 88.91
1999 89.88
2000 93.92
2001 89.64
2002 89.00
2003 85.23
2004 83.90
2005 86.93
2006 78.43
2007 87.53
2008 90.71
2009 87.52
2010 88.04
2011 91.59
2012 84.98
2013 88.03
2014 82.52
2015 82.37
2016 79.85
2017 81.78
2018 84.64
2019 84.95
2020 83.99

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