Merchandise exports to high-income economies in Upper middle income

Upper middle income: Merchandise exports to high-income economies was 64.7% in 2023. ▼ Falling

Latest (2023)
64.7%
Change on year
down 1.5%
Rank
20th
of 47 groups
All-time high
92.0%
in 1960
All-time low
64.7%
in 2023
Years of data
64
1960–2023

Merchandise exports to high-income economies in Upper middle income, 1960–2023

020406080100196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

In 2023, merchandise exports to high-income economies in Upper middle income stood at 64.7%. That is the lowest value across all 64 years on record.

The figure is down 1.5% on the previous year and down 6.5% over ten years.

Over the whole period, merchandise exports to high-income economies in Upper middle income peaked at 92.0% in 1960 and was at its lowest, 64.7%, in 2023.

Upper middle income ranks 20th of 47 groups on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 64 years of available data.

Merchandise exports to high-income economies in Upper middle income, year by year

Annual values for Merchandise exports to high-income economies (% of total merchandise exports) in Upper middle income, 1960 to 2023.
Year % of total merchandise exports Change
1960 92.0%
1961 91.1% -1.0%
1962 91.1% -0.0%
1963 91.2% +0.1%
1964 87.0% -4.6%
1965 86.8% -0.1%
1966 87.5% +0.8%
1967 88.4% +1.0%
1968 88.1% -0.4%
1969 88.9% +0.9%
1970 89.4% +0.6%
1971 88.7% -0.8%
1972 88.3% -0.4%
1973 87.9% -0.5%
1974 86.8% -1.2%
1975 85.5% -1.4%
1976 88.2% +3.1%
1977 86.8% -1.6%
1978 86.8% -0.0%
1979 87.7% +1.1%
1980 87.4% -0.4%
1981 81.7% -6.5%
1982 81.9% +0.2%
1983 83.0% +1.4%
1984 83.0% +0.0%
1985 83.1% +0.0%
1986 84.3% +1.5%
1987 84.2% -0.2%
1988 83.9% -0.4%
1989 85.5% +2.0%
1990 86.0% +0.5%
1991 87.3% +1.6%
1992 85.9% -1.6%
1993 84.8% -1.2%
1994 84.7% -0.1%
1995 83.5% -1.4%
1996 83.6% +0.1%
1997 83.2% -0.6%
1998 83.3% +0.2%
1999 84.6% +1.5%
2000 84.0% -0.7%
2001 83.0% -1.1%
2002 82.6% -0.5%
2003 81.9% -0.9%
2004 80.8% -1.3%
2005 79.8% -1.2%
2006 78.7% -1.5%
2007 76.5% -2.8%
2008 74.6% -2.4%
2009 72.8% -2.4%
2010 71.7% -1.6%
2011 70.3% -1.9%
2012 69.8% -0.7%
2013 69.1% -0.9%
2014 69.2% +0.1%
2015 69.6% +0.6%
2016 69.5% -0.2%
2017 68.2% -1.8%
2018 67.8% -0.7%
2019 67.1% -1.0%
2020 67.6% +0.8%
2021 66.4% -1.9%
2022 65.7% -1.0%
2023 64.7% -1.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 89.2% 86.8% 92.0% 10
1970s 87.6% 85.5% 89.4% 10
1980s 83.8% 81.7% 87.4% 10
1990s 84.7% 83.2% 87.3% 10
2000s 79.5% 72.8% 84.0% 10
2010s 69.2% 67.1% 71.7% 10
2020s 66.1% 64.7% 67.6% 4

Countries ranked near Upper middle income

  1. 17 Slovakia 91.3% compare
  2. 18 Haiti 91.0% compare
  3. 19 Saint Kitts and Nevis 90.7% compare
  4. 20 Palestine 90.7% compare
  5. 21 Canada 90.6% compare
  6. 22 Netherlands 90.5% compare
  7. 23 Austria 90.3% compare

See the full ranking of 253 places →

More private sector data for Upper middle income

All data for Upper middle income →

Frequently asked questions

What is merchandise exports to high-income economies in Upper middle income?
Merchandise exports to high-income economies in Upper middle income was 64.7% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to high-income economies recorded in Upper middle income?
The highest recorded value was 92.0% in 1960.
What is the lowest merchandise exports to high-income economies recorded in Upper middle income?
The lowest recorded value was 64.7% in 2023.
How does Upper middle income rank for merchandise exports to high-income economies?
Upper middle income ranks 20th out of 47 groups with data for 2023.
Is merchandise exports to high-income economies rising or falling in Upper middle income?
Over the last ten years it is down 6.5%. The long-run trend across the full record is falling.
Where does this Upper middle income 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.

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Merchandise exports to high-income economies in Upper middle income. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-high-income-economies-percent-of-total-merchandise-exports/upper-middle-income/

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About this data

Indicator
Merchandise exports to high-income economies (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,486 data points, 1960–2023
Last refreshed

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.