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

Merchandise exports to high-income economies (% of total merchandise exports) in Solomon Islands was 25.50 as of 2020. Its highest value over the past 45 years was 94.33 in 1981, while its lowest value was 19.27 in 2018.

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
1975 82.35
1976 79.67
1977 68.99
1978 71.34
1979 73.31
1980 81.33
1981 94.33
1982 92.91
1983 87.18
1984 82.88
1985 87.90
1986 68.04
1987 75.76
1988 65.12
1989 72.36
1990 82.24
1991 84.37
1992 86.56
1993 87.63
1994 83.14
1995 82.56
1996 83.07
1997 81.14
1998 56.87
1999 60.33
2000 43.80
2001 52.25
2002 37.68
2003 23.53
2004 27.56
2005 37.47
2006 34.66
2007 26.80
2008 29.53
2009 35.53
2010 29.41
2011 36.96
2012 44.25
2013 43.62
2014 31.64
2015 25.82
2016 22.63
2017 21.63
2018 19.27
2019 21.90
2020 25.50

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