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

Merchandise exports to high-income economies (% of total merchandise exports) in Upper middle income was 65.80 as of 2020. Its highest value over the past 60 years was 82.59 in 1991, while its lowest value was 65.46 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 80.23
1961 80.26
1962 80.71
1963 80.48
1964 77.92
1965 76.58
1966 77.10
1967 78.71
1968 78.55
1969 78.65
1970 78.90
1971 78.06
1972 77.71
1973 76.13
1974 76.88
1975 74.17
1976 76.81
1977 75.55
1978 76.31
1979 77.27
1980 75.91
1981 71.12
1982 71.62
1983 73.06
1984 73.47
1985 73.77
1986 75.39
1987 75.93
1988 75.31
1989 77.54
1990 80.09
1991 82.59
1992 78.98
1993 79.83
1994 77.56
1995 76.51
1996 76.49
1997 77.44
1998 77.54
1999 80.54
2000 80.75
2001 79.82
2002 79.08
2003 78.39
2004 77.95
2005 77.16
2006 76.58
2007 73.90
2008 71.99
2009 70.24
2010 69.62
2011 67.46
2012 68.09
2013 67.68
2014 67.64
2015 68.14
2016 67.71
2017 66.64
2018 66.42
2019 65.46
2020 65.80

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