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

Merchandise exports to high-income economies (% of total merchandise exports) in South Asia was 61.96 as of 2020. Its highest value over the past 60 years was 82.42 in 1989, while its lowest value was 53.38 in 1981.

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 68.14
1961 67.74
1962 66.27
1963 68.31
1964 62.95
1965 60.58
1966 61.17
1967 65.34
1968 64.89
1969 61.22
1970 59.62
1971 59.79
1972 59.49
1973 61.31
1974 57.78
1975 55.84
1976 64.61
1977 61.27
1978 62.98
1979 63.34
1980 57.66
1981 53.38
1982 59.89
1983 62.79
1984 63.61
1985 64.63
1986 69.52
1987 72.81
1988 72.07
1989 82.42
1990 68.41
1991 72.84
1992 74.29
1993 74.46
1994 77.37
1995 72.96
1996 74.60
1997 77.74
1998 79.26
1999 79.50
2000 76.28
2001 72.91
2002 73.10
2003 71.91
2004 71.29
2005 70.00
2006 69.03
2007 66.78
2008 66.61
2009 66.10
2010 64.19
2011 63.70
2012 64.34
2013 61.63
2014 62.07
2015 64.60
2016 65.85
2017 64.67
2018 62.99
2019 62.86
2020 61.96

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