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

Merchandise exports to high-income economies (% of total merchandise exports) in Lebanon was 71.05 as of 2020. Its highest value over the past 60 years was 87.10 in 1989, while its lowest value was 37.63 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 43.74
1961 46.31
1963 52.81
1964 52.53
1965 56.76
1966 46.82
1967 53.71
1968 50.81
1969 51.44
1970 46.54
1971 43.84
1972 49.50
1973 63.21
1981 72.73
1982 75.94
1983 76.77
1984 79.40
1985 72.85
1986 73.99
1987 79.95
1988 83.90
1989 87.10
1990 78.55
1991 75.30
1992 68.46
1993 65.64
1994 71.23
1995 69.11
1996 69.71
1997 67.97
1998 70.68
1999 70.17
2000 66.69
2001 62.97
2002 60.26
2003 60.98
2004 46.44
2005 46.42
2006 58.13
2007 55.11
2008 50.35
2009 59.88
2010 48.49
2011 43.99
2012 43.36
2013 37.63
2014 42.37
2015 45.76
2016 40.43
2017 41.31
2018 49.29
2019 62.23
2020 71.05

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