Macao SAR, China - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Macao SAR, China was 85.69 as of 2020. Its highest value over the past 57 years was 98.33 in 1979, while its lowest value was 64.18 in 2016.

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
1963 66.83
1964 68.72
1965 71.01
1966 72.27
1967 82.80
1969 82.51
1970 80.77
1971 76.88
1972 86.99
1973 85.02
1974 90.34
1975 92.39
1976 96.50
1977 96.05
1978 97.56
1979 98.33
1980 97.40
1981 93.49
1982 92.64
1983 93.57
1984 94.22
1985 91.21
1986 94.71
1987 94.54
1988 94.94
1989 95.10
1990 94.29
1991 90.42
1992 88.99
1993 84.84
1994 85.50
1995 88.15
1996 90.57
1997 91.48
1998 91.05
1999 89.11
2000 87.67
2001 85.95
2002 81.70
2003 83.02
2004 81.84
2005 78.98
2006 77.76
2007 76.19
2008 74.22
2009 70.32
2010 66.96
2011 64.18
2012 65.43
2013 64.57
2014 69.00
2015 70.91
2016 64.18
2017 64.85
2018 66.68
2019 71.84
2020 85.69

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