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

Merchandise exports to high-income economies (% of total merchandise exports) in Norway was 84.95 as of 2020. Its highest value over the past 60 years was 97.07 in 2000, while its lowest value was 79.48 in 1978.

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 82.16
1961 83.22
1962 86.18
1963 85.67
1964 86.77
1965 85.62
1966 86.51
1967 85.94
1968 86.24
1969 87.09
1970 90.05
1971 88.20
1972 87.12
1973 83.70
1974 84.13
1975 84.14
1976 85.63
1977 82.21
1978 79.48
1979 89.19
1980 90.34
1981 91.31
1982 91.73
1983 92.69
1984 94.21
1985 92.51
1986 90.79
1987 91.16
1988 92.08
1989 93.04
1990 93.65
1991 90.72
1992 92.33
1993 93.54
1994 93.18
1995 92.90
1996 93.18
1997 95.48
1998 95.81
1999 95.89
2000 97.07
2001 95.88
2002 95.26
2003 95.05
2004 95.59
2005 95.70
2006 88.96
2007 94.97
2008 95.17
2009 93.29
2010 93.52
2011 93.90
2012 93.88
2013 93.23
2014 92.18
2015 91.37
2016 90.74
2017 92.39
2018 92.71
2019 89.98
2020 84.95

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