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

Merchandise exports to high-income economies (% of total merchandise exports) in IDA blend was 42.08 as of 2020. Its highest value over the past 60 years was 85.41 in 1985, while its lowest value was 41.58 in 2019.

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 77.91
1961 76.94
1962 77.90
1963 79.69
1964 70.71
1965 71.21
1966 74.82
1967 79.37
1968 73.88
1969 75.99
1970 77.00
1971 79.08
1972 82.88
1973 80.54
1974 80.55
1975 78.52
1976 73.95
1977 74.31
1978 84.10
1979 81.74
1980 70.94
1981 69.74
1982 78.06
1983 80.50
1984 80.97
1985 85.41
1986 82.32
1987 83.10
1988 82.57
1989 82.04
1990 83.77
1991 80.95
1992 80.94
1993 79.12
1994 76.02
1995 72.25
1996 72.45
1997 73.00
1998 70.20
1999 67.72
2000 66.07
2001 64.24
2002 64.16
2003 65.08
2004 62.47
2005 63.51
2006 61.98
2007 59.22
2008 57.73
2009 55.09
2010 53.86
2011 53.25
2012 51.64
2013 47.15
2014 43.21
2015 43.53
2016 44.52
2017 45.01
2018 42.56
2019 41.58
2020 42.08

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