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

Merchandise exports to high-income economies (% of total merchandise exports) in Ukraine was 45.11 as of 2020. Its highest value over the past 28 years was 76.48 in 1992, while its lowest value was 26.33 in 1995.

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
1992 76.48
1993 53.88
1994 28.51
1995 26.33
1996 28.12
1997 31.20
1998 39.52
1999 41.18
2000 41.42
2001 42.33
2002 45.22
2003 45.24
2004 46.44
2005 39.69
2006 39.51
2007 35.50
2008 36.62
2009 30.96
2010 32.00
2011 31.42
2012 30.91
2013 32.80
2014 38.08
2015 41.13
2016 43.78
2017 47.94
2018 50.08
2019 49.21
2020 45.11

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