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

Merchandise exports to high-income economies (% of total merchandise exports) in North America was 66.58 as of 2020. Its highest value over the past 60 years was 79.99 in 1990, while its lowest value was 66.32 in 2017.

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 70.96
1961 70.99
1962 70.68
1963 70.21
1964 69.60
1965 72.04
1966 71.84
1967 74.99
1968 76.11
1969 77.81
1970 76.57
1971 77.00
1972 76.97
1973 75.93
1974 73.41
1975 70.59
1976 73.24
1977 74.65
1978 73.51
1979 73.77
1980 71.66
1981 71.57
1982 73.07
1983 76.80
1984 76.87
1985 77.46
1986 79.06
1987 79.55
1988 78.94
1989 79.11
1990 79.99
1991 78.73
1992 77.11
1993 77.35
1994 77.15
1995 77.79
1996 77.12
1997 77.23
1998 77.06
1999 78.41
2000 77.29
2001 76.59
2002 76.40
2003 76.46
2004 75.85
2005 75.63
2006 74.17
2007 73.37
2008 71.89
2009 69.77
2010 68.44
2011 67.70
2012 67.20
2013 66.42
2014 66.63
2015 66.76
2016 66.71
2017 66.32
2018 66.46
2019 67.40
2020 66.58

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