St. Kitts and Nevis - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in St. Kitts and Nevis was 81.82 as of 2020. Its highest value over the past 39 years was 99.09 in 1989, while its lowest value was 72.76 in 1983.

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
1981 96.06
1982 95.30
1983 72.76
1984 88.07
1985 96.45
1986 95.05
1987 96.10
1988 98.02
1989 99.09
1990 96.18
1991 96.72
1992 98.71
1993 94.07
1994 85.42
1995 96.90
1996 92.37
1997 91.52
1998 93.12
1999 94.22
2000 93.53
2001 89.00
2002 92.98
2003 92.58
2004 93.88
2005 86.50
2006 83.25
2007 81.54
2008 80.13
2009 78.58
2010 82.03
2011 76.27
2012 80.32
2013 82.28
2014 81.65
2015 86.91
2016 85.05
2017 79.03
2018 84.28
2019 83.20
2020 81.82

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