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Macao SAR, China: Merchandise exports to high-income economies (% of total merchandise exports)

In , Macao SAR, China's Merchandise exports to high-income economies (% of total merchandise exports) was 93.78.

That's up 1.4% from 2022, the highest value on record.

The global average for this indicator in 2023 was 60.91 . Macao SAR, China ranks #10 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #2 of 36.

Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023

Trend (2004–2023)

Macao SAR, China Merchandise exports to high-income economies (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
93.78
Trough
74.62
1-year change
+1.4%
5-year change
+20.1%
+3.7% / yr
10-year change
+24.5%
+2.2% / yr

Historical Data — Last 10 Years

Year Merchandise exports to high-income economies (% of total merchandise exports)
93.7753
92.4581
88.4968
85.6917
83.4941
78.1001
75.4312
74.6200
78.1265
80.0397

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

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.

Indicator code: TX.VAL.MRCH.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Macao SAR, China's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
In 2023, Macao SAR, China's Merchandise exports to high-income economies (% of total merchandise exports) was 93.78, according to World Bank Open Data.
Is Macao SAR, China's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
Macao SAR, China's Merchandise exports to high-income economies (% of total merchandise exports) rose 1.4% from 2022 to 2023.
How does Macao SAR, China rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
In 2023, Macao SAR, China ranked #10 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
How does Macao SAR, China's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Macao SAR, China is above the world average. Within East Asia & Pacific, it ranks #2 of 36.
What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
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.
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Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.