United Arab Emirates - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in United Arab Emirates was 36.15 as of 2020. Its highest value over the past 44 years was 89.40 in 1976, while its lowest value was 36.15 in 2020.

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
1976 89.40
1977 84.47
1978 78.65
1979 80.82
1980 83.29
1981 81.52
1982 60.44
1983 60.44
1984 60.44
1985 60.44
1986 65.59
1987 66.34
1988 64.41
1989 65.11
1990 69.27
1991 69.46
1992 67.52
1993 68.16
1994 65.86
1995 66.97
1996 68.34
1997 67.44
1998 61.63
1999 61.68
2000 63.30
2001 63.59
2002 62.49
2003 60.82
2004 57.89
2005 57.84
2006 55.96
2007 53.45
2008 50.73
2009 47.13
2010 42.36
2011 47.00
2012 48.56
2013 47.44
2014 48.02
2015 47.71
2016 49.72
2017 45.21
2018 40.26
2019 40.34
2020 36.15

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