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

Merchandise exports to high-income economies (% of total merchandise exports) in Arab World was 47.57 as of 2020. Its highest value over the past 60 years was 85.30 in 1979, while its lowest value was 47.57 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
1960 69.03
1961 70.52
1962 69.95
1963 69.81
1964 73.73
1965 74.15
1966 76.24
1967 77.98
1968 77.03
1969 77.54
1970 76.06
1971 76.74
1972 78.24
1973 80.39
1974 80.80
1975 80.22
1976 82.58
1977 82.90
1978 84.54
1979 85.30
1980 84.93
1981 81.49
1982 76.33
1983 73.81
1984 72.54
1985 73.04
1986 74.46
1987 74.69
1988 72.44
1989 73.24
1990 74.44
1991 77.81
1992 77.50
1993 77.44
1994 75.57
1995 67.86
1996 71.76
1997 72.24
1998 71.02
1999 72.42
2000 64.91
2001 65.48
2002 65.28
2003 63.84
2004 62.44
2005 61.87
2006 62.56
2007 62.00
2008 60.91
2009 59.27
2010 60.00
2011 59.10
2012 59.36
2013 58.26
2014 57.58
2015 57.84
2016 57.97
2017 55.98
2018 53.13
2019 51.07
2020 47.57

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