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

Merchandise exports to high-income economies (% of total merchandise exports) in Malawi was 45.95 as of 2020. Its highest value over the past 56 years was 79.54 in 1979, while its lowest value was 42.37 in 2015.

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
1964 62.05
1966 60.31
1967 70.02
1968 69.38
1969 54.14
1970 53.59
1971 69.35
1972 70.59
1973 69.58
1974 63.38
1975 64.97
1976 70.94
1977 74.47
1978 78.81
1979 79.54
1980 72.98
1981 70.78
1982 72.11
1983 64.18
1984 72.84
1985 77.88
1986 74.82
1987 65.68
1988 71.38
1989 75.38
1990 73.80
1991 74.25
1992 71.63
1993 60.37
1994 59.75
1995 77.05
1996 66.23
1997 68.67
1998 68.46
1999 71.59
2000 65.73
2001 58.42
2002 62.46
2003 58.47
2004 57.04
2005 58.27
2006 52.87
2007 49.86
2008 60.75
2009 48.98
2010 57.20
2011 48.38
2012 53.13
2013 56.46
2014 47.61
2015 42.37
2016 49.89
2017 52.18
2018 49.07
2019 47.74
2020 45.95

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