Central Europe and the Baltics - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Central Europe and the Baltics was 85.85 as of 2020. Its highest value over the past 60 years was 89.39 in 2003, while its lowest value was 30.87 in 1964.

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 37.28
1961 36.73
1962 31.94
1963 31.21
1964 30.87
1965 32.32
1966 36.14
1967 38.20
1968 32.73
1969 33.26
1970 33.92
1971 35.74
1972 35.17
1973 38.16
1974 40.27
1975 34.96
1976 37.94
1977 36.09
1978 37.05
1979 38.17
1980 38.93
1981 36.43
1982 36.96
1983 38.80
1984 40.03
1985 37.92
1986 37.66
1987 42.79
1988 45.30
1989 47.77
1990 59.65
1991 68.70
1992 68.98
1993 77.04
1994 78.62
1995 78.73
1996 78.47
1997 81.49
1998 85.59
1999 88.97
2000 88.90
2001 88.89
2002 89.00
2003 89.39
2004 88.15
2005 86.68
2006 85.87
2007 85.17
2008 83.82
2009 85.21
2010 84.07
2011 83.55
2012 82.11
2013 81.96
2014 83.60
2015 85.70
2016 85.84
2017 85.35
2018 86.15
2019 85.85
2020 85.85

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