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

Merchandise exports to high-income economies (% of total merchandise exports) in Maldives was 45.32 as of 2020. Its highest value over the past 39 years was 76.07 in 1995, while its lowest value was 18.79 in 1984.

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
1981 48.40
1982 57.67
1983 47.74
1984 18.79
1985 50.66
1986 44.50
1987 61.23
1988 57.99
1989 56.73
1990 69.13
1991 69.75
1992 67.58
1993 51.94
1994 65.90
1995 76.07
1996 71.80
1997 75.78
1998 69.71
1999 63.35
2000 75.97
2001 66.59
2002 69.02
2003 64.44
2004 62.43
2005 58.87
2006 56.15
2007 40.07
2008 37.36
2009 53.23
2010 41.85
2011 55.21
2012 57.42
2013 48.74
2014 58.56
2015 60.28
2016 53.46
2017 44.43
2018 54.25
2019 53.01
2020 45.32

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