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

Merchandise exports to high-income economies (% of total merchandise exports) in The Gambia was 3.50 as of 2020. Its highest value over the past 57 years was 98.86 in 1969, while its lowest value was 2.67 in 2014.

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
1963 97.69
1964 98.34
1965 98.58
1966 96.93
1967 91.95
1968 88.20
1969 98.86
1970 97.68
1971 95.97
1972 95.21
1973 96.57
1974 97.09
1975 92.37
1976 86.30
1977 80.51
1978 81.13
1979 81.21
1980 61.77
1981 49.63
1982 55.50
1983 49.57
1984 67.95
1985 67.50
1986 70.33
1987 58.43
1988 66.15
1989 73.57
1990 47.72
1991 36.55
1992 42.73
1993 77.88
1994 59.95
1995 63.50
1996 76.74
1997 76.24
1998 82.99
1999 77.22
2000 34.13
2001 87.39
2002 82.13
2003 69.20
2004 86.27
2005 78.54
2006 57.85
2007 75.18
2008 60.87
2009 42.89
2010 40.24
2011 6.78
2012 5.25
2013 2.76
2014 2.67
2015 13.07
2016 6.10
2017 13.25
2018 13.80
2019 6.50
2020 3.50

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