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

Merchandise exports to high-income economies (% of total merchandise exports) in Turkey was 64.04 as of 2020. Its highest value over the past 60 years was 84.25 in 1962, while its lowest value was 53.81 in 1982.

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 77.30
1961 78.16
1962 84.25
1963 83.07
1964 82.14
1965 77.21
1966 78.64
1967 80.56
1968 75.56
1969 76.53
1970 75.49
1971 74.96
1972 73.96
1973 72.92
1974 70.14
1975 72.65
1976 77.00
1977 74.97
1978 72.43
1979 68.40
1980 67.33
1981 54.55
1982 53.81
1983 57.16
1984 59.42
1985 60.32
1986 64.82
1987 69.24
1988 64.56
1989 68.49
1990 72.81
1991 74.46
1992 74.59
1993 70.82
1994 70.77
1995 72.06
1996 69.00
1997 69.36
1998 72.66
1999 76.23
2000 76.86
2001 74.79
2002 75.06
2003 74.03
2004 73.52
2005 71.02
2006 70.71
2007 69.12
2008 65.65
2009 61.40
2010 60.68
2011 60.38
2012 55.85
2013 56.03
2014 58.87
2015 63.32
2016 65.22
2017 65.95
2018 65.78
2019 64.31
2020 64.04

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