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

Merchandise exports to high-income economies (% of total merchandise exports) in Jordan was 55.33 as of 2020. Its highest value over the past 60 years was 61.25 in 2016, while its lowest value was 20.85 in 1991.

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 29.59
1961 24.58
1962 26.28
1963 29.41
1964 30.69
1965 31.78
1966 23.18
1967 31.95
1968 30.00
1969 25.59
1970 22.92
1971 27.68
1972 27.10
1973 26.27
1974 24.78
1975 30.49
1976 27.36
1977 30.48
1978 32.21
1979 30.64
1980 29.96
1981 32.45
1982 23.68
1983 38.05
1984 32.58
1985 31.48
1986 32.33
1987 26.50
1988 28.63
1989 23.44
1990 26.25
1991 20.85
1992 27.28
1993 30.48
1994 31.55
1995 27.78
1996 40.16
1997 46.54
1998 43.88
1999 41.06
2000 39.64
2001 36.05
2002 44.08
2003 48.49
2004 49.26
2005 47.46
2006 54.59
2007 50.02
2008 41.88
2009 44.95
2010 43.28
2011 40.25
2012 38.24
2013 46.67
2014 48.71
2015 56.40
2016 61.25
2017 58.36
2018 55.73
2019 57.34
2020 55.33

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