Merchandise exports to high-income economies in European Union
European Union: Merchandise exports to high-income economies was 86.2% in 2023. ▲ Rising
Merchandise exports to high-income economies in European Union, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to high-income economies in European Union is 86.2%, measured in 2023.
That represents a change of down 0.6% on the previous year and up 1.5% over ten years.
Over the whole period, merchandise exports to high-income economies in European Union peaked at 90.8% in 1999 and was at its lowest, 77.4%, in 1960.
That places European Union 2nd out of 47 groups with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise exports to high-income economies in European Union, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 77.4% | — |
| 1961 | 79.7% | +3.0% |
| 1962 | 82.4% | +3.3% |
| 1963 | 83.1% | +0.9% |
| 1964 | 83.9% | +0.9% |
| 1965 | 83.9% | +0.0% |
| 1966 | 83.9% | -0.0% |
| 1967 | 83.9% | +0.0% |
| 1968 | 84.5% | +0.7% |
| 1969 | 85.2% | +0.9% |
| 1970 | 85.9% | +0.8% |
| 1971 | 86.2% | +0.4% |
| 1972 | 86.9% | +0.8% |
| 1973 | 86.8% | -0.1% |
| 1974 | 84.1% | -3.1% |
| 1975 | 80.8% | -3.9% |
| 1976 | 82.4% | +2.0% |
| 1977 | 82.2% | -0.2% |
| 1978 | 82.9% | +0.9% |
| 1979 | 84.3% | +1.7% |
| 1980 | 82.9% | -1.7% |
| 1981 | 80.2% | -3.3% |
| 1982 | 82.0% | +2.2% |
| 1983 | 83.7% | +2.1% |
| 1984 | 85.0% | +1.6% |
| 1985 | 85.8% | +0.9% |
| 1986 | 88.0% | +2.6% |
| 1987 | 89.4% | +1.6% |
| 1988 | 89.8% | +0.5% |
| 1989 | 90.1% | +0.3% |
| 1990 | 90.1% | +0.0% |
| 1991 | 90.0% | -0.1% |
| 1992 | 89.6% | -0.5% |
| 1993 | 88.2% | -1.6% |
| 1994 | 89.0% | +0.9% |
| 1995 | 88.7% | -0.3% |
| 1996 | 88.5% | -0.3% |
| 1997 | 88.7% | +0.3% |
| 1998 | 89.4% | +0.8% |
| 1999 | 90.8% | +1.5% |
| 2000 | 90.5% | -0.3% |
| 2001 | 90.5% | -0.0% |
| 2002 | 90.5% | -0.0% |
| 2003 | 90.3% | -0.1% |
| 2004 | 89.8% | -0.6% |
| 2005 | 89.3% | -0.5% |
| 2006 | 89.1% | -0.3% |
| 2007 | 88.6% | -0.6% |
| 2008 | 87.8% | -0.8% |
| 2009 | 86.9% | -1.0% |
| 2010 | 86.0% | -1.0% |
| 2011 | 85.7% | -0.3% |
| 2012 | 85.1% | -0.7% |
| 2013 | 85.0% | -0.2% |
| 2014 | 85.4% | +0.4% |
| 2015 | 85.8% | +0.5% |
| 2016 | 86.0% | +0.3% |
| 2017 | 85.7% | -0.4% |
| 2018 | 86.0% | +0.4% |
| 2019 | 86.2% | +0.2% |
| 2020 | 86.2% | +0.1% |
| 2021 | 86.4% | +0.2% |
| 2022 | 86.8% | +0.5% |
| 2023 | 86.2% | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 82.8% | 77.4% | 85.2% | 10 |
| 1970s | 84.3% | 80.8% | 86.9% | 10 |
| 1980s | 85.7% | 80.2% | 90.1% | 10 |
| 1990s | 89.3% | 88.2% | 90.8% | 10 |
| 2000s | 89.3% | 86.9% | 90.5% | 10 |
| 2010s | 85.7% | 85.0% | 86.2% | 10 |
| 2020s | 86.4% | 86.2% | 86.8% | 4 |
Countries ranked near European Union
- 1 Sint Maarten (Dutch part) 97.8% compare
- 2 Greenland 97.0% compare
- 3 Sao Tome and Principe 96.7% compare
- 4 Seychelles 95.8% compare
- 5 Iceland 95.2% compare
More private sector data for European Union
- Merchandise trade 70.9% (2025)
- Food imports 10.7% (2024)
- Manufactures imports 70.7% (2024)
- Merchandise imports 7.41 trillion current US$ (2025)
- Food exports 11.0% (2024)
- Manufactures exports 76.6% (2024)
- Merchandise exports 7.66 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 16,988 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3608 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.82 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in European Union?
- Merchandise exports to high-income economies in European Union was 86.2% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in European Union?
- The highest recorded value was 90.8% in 1999.
- What is the lowest merchandise exports to high-income economies recorded in European Union?
- The lowest recorded value was 77.4% in 1960.
- How does European Union rank for merchandise exports to high-income economies?
- European Union ranks 2nd out of 47 groups with data for 2023.
- Is merchandise exports to high-income economies rising or falling in European Union?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is rising.
- Where does this European Union data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
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.