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

Merchandise exports to high-income economies (% of total merchandise exports) in Rwanda was 31.65 as of 2020. Its highest value over the past 56 years was 90.86 in 1986, while its lowest value was 3.57 in 1967.

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 56.90
1965 57.14
1966 4.24
1967 3.57
1968 8.16
1969 54.23
1970 66.40
1971 62.33
1972 60.62
1973 79.57
1974 78.22
1975 82.03
1976 86.38
1977 83.02
1978 8.57
1979 4.27
1980 6.28
1981 75.78
1982 73.29
1983 72.25
1984 78.51
1985 83.86
1986 90.86
1987 86.03
1988 81.56
1989 60.25
1990 59.58
1991 66.06
1992 78.93
1993 56.20
1994 54.18
1995 62.32
1996 34.30
1997 64.10
1998 64.07
1999 43.98
2000 16.44
2001 23.31
2002 43.11
2003 11.58
2004 17.85
2005 65.43
2006 62.26
2007 60.07
2008 37.21
2009 32.79
2010 54.43
2011 59.46
2012 54.89
2013 35.81
2014 41.24
2015 49.17
2016 54.69
2017 68.79
2018 48.14
2019 46.14
2020 31.65

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