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

Merchandise exports to high-income economies (% of total merchandise exports) in Zimbabwe was 22.59 as of 2020. Its highest value over the past 56 years was 60.75 in 1988, while its lowest value was 5.56 in 2016.

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
1964 47.06
1965 47.03
1966 46.37
1981 47.84
1982 52.83
1983 55.09
1984 57.07
1985 58.66
1986 58.90
1987 58.06
1988 60.75
1989 60.66
1990 59.55
1991 58.29
1992 55.28
1993 52.67
1994 55.81
1995 56.00
1996 55.47
1997 56.77
1998 57.48
1999 55.41
2000 29.81
2001 35.32
2002 58.89
2003 28.37
2004 39.77
2005 33.19
2006 24.38
2007 26.06
2008 32.05
2009 35.80
2010 30.81
2011 18.12
2012 16.10
2013 7.56
2014 6.94
2015 5.74
2016 5.56
2017 9.87
2018 23.12
2019 25.75
2020 22.59

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