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

Merchandise exports to high-income economies (% of total merchandise exports) in Togo was 11.12 as of 2020. Its highest value over the past 60 years was 100.00 in 1961, while its lowest value was 6.81 in 2008.

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 100.00
1961 100.00
1962 81.29
1963 82.32
1964 87.67
1965 85.87
1966 86.94
1967 85.89
1968 89.30
1969 84.35
1970 83.58
1971 77.01
1972 82.36
1973 88.10
1974 86.28
1975 87.38
1976 84.45
1977 85.31
1978 72.95
1979 68.89
1980 56.37
1981 55.52
1982 60.71
1983 55.51
1984 69.33
1985 75.65
1986 73.81
1987 71.74
1988 73.48
1989 65.50
1990 57.53
1991 46.09
1992 52.18
1993 43.14
1994 47.22
1995 51.48
1996 45.41
1997 50.61
1998 55.92
1999 42.03
2000 26.80
2001 22.55
2002 26.65
2003 27.86
2004 19.52
2005 13.46
2006 9.55
2007 7.31
2008 6.81
2009 8.50
2010 23.61
2011 13.05
2012 26.31
2013 18.43
2014 15.47
2015 18.32
2016 14.69
2017 16.61
2018 13.48
2019 11.62
2020 11.12

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