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

Merchandise exports to high-income economies (% of total merchandise exports) in Seychelles was 92.84 as of 2020. Its highest value over the past 50 years was 98.52 in 2011, while its lowest value was 5.71 in 1982.

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
1970 40.00
1971 53.85
1972 66.67
1973 70.00
1974 65.38
1975 40.00
1976 35.29
1977 12.50
1978 7.75
1979 7.74
1980 10.06
1981 6.55
1982 5.71
1983 11.46
1984 13.10
1985 10.62
1986 15.82
1987 21.36
1988 45.07
1989 53.87
1990 97.25
1991 97.71
1992 91.89
1993 91.73
1994 91.79
1995 94.76
1996 63.47
1997 97.88
1998 98.25
1999 98.48
2000 95.49
2001 93.53
2002 98.08
2003 98.06
2004 97.50
2005 96.31
2006 96.99
2007 97.96
2008 97.38
2009 97.22
2010 96.64
2011 98.52
2012 97.22
2013 95.61
2014 96.50
2015 92.56
2016 88.60
2017 93.25
2018 85.38
2019 91.95
2020 92.84

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