São Tomé and Principe - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in São Tomé and Principe was 68.67 as of 2020. Its highest value over the past 51 years was 100.00 in 1977, while its lowest value was 15.89 in 1991.

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
1969 92.94
1970 95.06
1973 94.66
1974 94.83
1975 94.37
1976 100.00
1977 100.00
1981 99.33
1982 99.51
1983 99.89
1984 99.88
1985 70.66
1986 77.84
1987 59.35
1988 91.20
1989 84.88
1990 73.83
1991 15.89
1992 70.67
1993 74.44
1994 69.36
1995 71.77
1996 81.61
1997 81.96
1998 72.93
1999 94.36
2000 60.66
2001 77.11
2002 60.33
2003 82.18
2004 75.16
2005 76.16
2006 56.85
2007 49.11
2008 51.31
2009 79.60
2010 77.15
2011 88.55
2012 81.87
2013 81.85
2014 89.57
2015 81.67
2016 66.98
2017 87.35
2018 89.28
2019 55.71
2020 68.67

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