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Economy > Trade > Exports > Merchandise Stats: compare key data on Norway & Somalia

Definitions

  • Exports by the reporting economy > Current US$: Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$."
  • Exports by the reporting economy > Residual > % of total merchandise > Exports: Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies as of July 1, 2009. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy."
  • 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 as of July 1, 2009. 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."
  • Exports to third world economies in Latin America and the Caribbean > % of total merchan: Merchandise exports to third world economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to third world economies in the Latin America and the Caribbean region according to World Bank classification of economies as of July 1, 2009. Data are 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."
  • Exports to third world economies in Middle East and North Africa > % of total merchandis: Merchandise exports to third world economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to third world economies in the Middle East and North Africa region according to World Bank classification of economies as of July 1, 2009. Data are 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."
  • Exports to third world economies in South Asia > % of total merchandise > Exports: Merchandise exports to third world economies in South Asia are the sum of merchandise exports from the reporting economy to third world economies in the South Asia region according to World Bank classification of economies as of July 1, 2009. Data are 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."
  • Exports to third world economies in Sub-Saharan Africa > % of total merchandise > Exports: Merchandise exports to third world economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to third world economies in the Sub-Saharan Africa region according to World Bank classification of economies as of July 1, 2009. Data are 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."
  • Exports to third world economies outside region > % of total merchandise > Exports: Merchandise exports to third world economies outside region are the sum of merchandise exports from the reporting economy to other third world economies in other World Bank regions according to the World Bank classification of economies as of July 1, 2009. 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."
STAT Norway Somalia HISTORY
Exports by the reporting economy > Current US$ $120.71 billion
Ranked 26th. 280 times more than Somalia
$430.81 million
Ranked 146th.

Exports by the reporting economy > Residual > % of total merchandise > Exports 0.07%
Ranked 149th. 4 times more than Somalia
0.02%
Ranked 157th.

Exports to high-income economies > % of total merchandise > Exports 93.16%
Ranked 5th. 25% more than Somalia
74.36%
Ranked 62nd.

Exports to third world economies in Latin America and the Caribbean > % of total merchan 0.73%
Ranked 92nd. 24 times more than Somalia
0.03%
Ranked 150th.

Exports to third world economies in Middle East and North Africa > % of total merchandis 0.24%
Ranked 119th.
19.33%
Ranked 4th. 81 times more than Norway

Exports to third world economies in South Asia > % of total merchandise > Exports 0.49%
Ranked 112th.
1.84%
Ranked 66th. 4 times more than Norway

Exports to third world economies in Sub-Saharan Africa > % of total merchandise > Exports 0.64%
Ranked 99th.
4.2%
Ranked 38th. 7 times more than Norway

Exports to third world economies outside region > % of total merchandise > Exports 6.76%
Ranked 122nd.
21.42%
Ranked 53th. 3 times more than Norway

SOURCES: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

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