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

Merchandise exports to high-income economies (% of total merchandise exports) in Senegal was 33.25 as of 2020. Its highest value over the past 60 years was 93.01 in 1965, while its lowest value was 21.05 in 2008.

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 90.14
1961 86.67
1962 92.23
1963 93.01
1964 92.00
1965 93.01
1966 89.19
1967 90.61
1968 86.64
1969 78.17
1970 72.29
1971 67.52
1972 74.83
1973 69.14
1974 76.09
1975 68.31
1976 68.98
1977 66.93
1978 58.08
1979 71.39
1980 53.96
1981 43.15
1982 50.57
1983 54.38
1984 47.55
1985 35.36
1986 39.87
1987 40.84
1988 59.64
1989 51.92
1990 49.67
1991 56.24
1992 43.79
1993 48.05
1994 37.74
1995 38.38
1996 44.48
1997 44.22
1998 41.63
1999 47.79
2000 49.24
2001 42.53
2002 34.78
2003 32.25
2004 31.57
2005 30.42
2006 31.17
2007 33.35
2008 21.05
2009 33.33
2010 26.32
2011 28.47
2012 31.33
2013 30.93
2014 36.86
2015 34.50
2016 33.16
2017 37.95
2018 38.79
2019 33.80
2020 33.25

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