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

Merchandise exports to high-income economies (% of total merchandise exports) in Sweden was 85.44 as of 2020. Its highest value over the past 60 years was 87.99 in 2002, while its lowest value was 79.05 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 80.06
1961 81.90
1962 81.13
1963 82.92
1964 83.90
1965 85.08
1966 84.89
1967 83.96
1968 84.73
1969 82.73
1970 83.67
1971 84.94
1972 84.76
1973 85.36
1974 83.39
1975 80.92
1976 81.52
1977 82.24
1978 82.34
1979 83.30
1980 81.04
1981 79.05
1982 80.68
1983 82.33
1984 82.82
1985 83.97
1986 85.17
1987 85.65
1988 85.94
1989 86.61
1990 87.27
1991 86.64
1992 86.74
1993 85.41
1994 84.89
1995 83.75
1996 82.96
1997 83.01
1998 82.60
1999 87.86
2000 86.56
2001 87.18
2002 87.99
2003 87.21
2004 86.23
2005 86.87
2006 87.17
2007 86.45
2008 84.67
2009 84.15
2010 83.31
2011 80.74
2012 83.19
2013 83.74
2014 84.37
2015 85.36
2016 85.92
2017 85.00
2018 85.42
2019 85.55
2020 85.44

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