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

Merchandise exports to high-income economies (% of total merchandise exports) in Paraguay was 24.25 as of 2020. Its highest value over the past 60 years was 79.60 in 1978, while its lowest value was 17.40 in 2002.

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 58.10
1961 54.86
1962 53.12
1963 59.48
1964 59.51
1965 58.89
1966 56.52
1967 66.93
1968 64.94
1969 60.11
1970 57.73
1971 53.90
1972 61.91
1973 64.93
1974 66.97
1975 60.18
1976 79.48
1977 76.67
1978 79.60
1979 69.75
1980 55.35
1981 52.45
1982 46.52
1983 57.79
1984 56.47
1985 62.67
1986 38.79
1987 55.53
1988 54.13
1989 51.08
1990 50.78
1991 56.63
1992 53.07
1993 53.93
1994 46.02
1995 38.99
1996 36.00
1997 42.47
1998 40.08
1999 36.21
2000 40.67
2001 19.46
2002 17.40
2003 21.71
2004 26.37
2005 24.44
2006 22.38
2007 21.95
2008 23.44
2009 24.06
2010 33.20
2011 35.52
2012 26.48
2013 31.92
2014 31.41
2015 33.42
2016 27.65
2017 30.71
2018 23.21
2019 24.71
2020 24.25

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