How the share of goods exports going to high-income markets changed
In 2023, high-income economies accounted for 78.15% of Morocco’s merchandise exports and 39.61% of Kenya’s. Nigeria’s share rose from 50.28% in 2022 to 64.15% in 2023.
Sources checked
Africa Across Borders Editorial Team
2000 to 2023Goods exports to high-income economies by country
Nigeria and Rwanda followed different recent paths
Nigeria’s share increased about 13.9 points between 2022 and 2023. Rwanda’s fell from 42.96% to 27.29%. The changes give the share of export value directed to the destination group, and absolute export values can move differently. Source 1
Morocco and Egypt began the period with higher shares
Morocco stood at 87.14% in 2000 and 78.15% in 2023. Egypt’s share moved from 79.85% to 56.80%. Kenya’s was about 40% at both ends of the comparison. Source 1
An income group is a statistical grouping of trade partners
The classification groups economies by income level. The data combine many destinations in each figure. To assess exposure to a particular customer market, use bilateral trade by partner and product. Source 2
The value share responds to volumes and prices
Changes in prices for major export goods can shift the ratio even when physical volumes follow a different path. The record also covers merchandise. Service exports such as transport and tourism belong to separate series. Source 2