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

Merchandise exports to high-income economies (% of total merchandise exports) in Nepal was 20.88 as of 2020. Its highest value over the past 39 years was 92.45 in 1994, while its lowest value was 18.88 in 2012.

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
1981 29.81
1982 34.14
1983 46.55
1984 46.42
1985 59.72
1986 57.95
1987 69.34
1988 70.07
1989 92.15
1990 86.71
1991 88.68
1992 84.62
1993 91.87
1994 92.45
1995 88.12
1996 73.92
1997 72.34
1998 61.65
1999 60.23
2000 55.35
2001 50.27
2002 38.27
2003 42.27
2004 35.52
2005 28.20
2006 28.01
2007 24.05
2008 23.51
2009 23.53
2010 21.77
2011 24.59
2012 18.88
2013 23.26
2014 23.64
2015 27.67
2016 35.15
2017 29.99
2018 29.67
2019 21.72
2020 20.88

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