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

Merchandise exports to high-income economies (% of total merchandise exports) in New Zealand was 53.45 as of 2020. Its highest value over the past 60 years was 91.66 in 1961, while its lowest value was 52.31 in 2019.

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 89.36
1961 91.66
1962 89.20
1963 90.33
1964 88.35
1965 86.75
1966 85.50
1967 87.36
1968 86.26
1969 85.99
1970 83.28
1971 84.39
1972 83.99
1973 83.58
1974 78.68
1975 79.64
1976 78.69
1977 79.13
1978 81.25
1979 79.09
1980 72.72
1981 71.33
1982 73.36
1983 71.60
1984 76.19
1985 74.94
1986 75.78
1987 78.86
1988 76.72
1989 77.68
1990 76.05
1991 76.10
1992 76.50
1993 75.77
1994 78.08
1995 77.53
1996 75.79
1997 76.50
1998 78.33
1999 80.13
2000 79.66
2001 76.60
2002 77.88
2003 77.36
2004 76.45
2005 76.45
2006 74.61
2007 72.22
2008 69.97
2009 68.90
2010 65.48
2011 63.34
2012 62.21
2013 57.55
2014 58.00
2015 60.99
2016 59.12
2017 56.73
2018 56.26
2019 52.31
2020 53.45

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