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

Merchandise exports to high-income economies (% of total merchandise exports) in Liberia was 93.61 as of 2020. Its highest value over the past 59 years was 95.84 in 1998, while its lowest value was 12.94 in 1995.

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
1961 95.48
1966 91.93
1967 87.13
1968 77.32
1969 81.84
1970 85.81
1971 86.71
1972 84.50
1973 81.34
1974 86.15
1975 87.61
1976 89.57
1977 91.05
1978 88.22
1979 85.18
1980 89.83
1981 89.23
1982 88.19
1983 90.07
1984 89.54
1985 89.54
1986 84.68
1987 79.58
1988 87.11
1989 78.36
1990 81.21
1991 64.02
1992 60.67
1993 77.39
1994 30.71
1995 12.94
1996 43.02
1997 85.12
1998 95.84
1999 88.34
2000 95.12
2001 95.22
2002 95.23
2003 95.24
2004 95.24
2005 95.24
2006 95.24
2007 95.24
2008 95.24
2009 95.24
2010 95.24
2011 95.24
2012 95.24
2013 95.24
2014 95.24
2015 95.24
2016 95.24
2017 95.24
2018 91.26
2019 93.75
2020 93.61

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