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

Merchandise exports to high-income economies (% of total merchandise exports) in Uganda was 60.00 as of 2020. Its highest value over the past 60 years was 95.61 in 1998, while its lowest value was 34.37 in 2015.

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 58.37
1961 58.87
1962 72.36
1963 71.87
1964 73.32
1965 64.45
1966 84.55
1967 84.79
1968 72.35
1969 75.88
1970 76.03
1971 77.11
1972 79.89
1973 79.20
1974 82.35
1975 78.94
1976 92.78
1977 86.97
1978 68.72
1979 89.60
1980 91.18
1981 93.57
1982 93.56
1983 95.29
1984 94.28
1985 94.39
1986 95.39
1987 94.69
1988 88.06
1989 88.04
1990 86.86
1991 90.27
1992 84.41
1993 82.24
1994 93.05
1995 87.86
1996 86.60
1997 94.83
1998 95.61
1999 92.64
2000 64.70
2001 63.11
2002 62.65
2003 56.20
2004 61.03
2005 60.83
2006 60.95
2007 49.84
2008 47.92
2009 39.04
2010 38.65
2011 41.92
2012 35.48
2013 35.80
2014 36.01
2015 34.37
2016 38.45
2017 40.07
2018 42.50
2019 52.28
2020 60.00

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