Mozambique - Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in Mozambique was 24.17 as of 2020. Its highest value over the past 60 years was 45.09 in 1999, while its lowest value was 1.37 in 1985.

Definition: Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.

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

See also:

Year Value
1960 4.28
1961 5.97
1962 13.99
1963 16.05
1964 19.34
1965 20.60
1966 19.61
1967 23.10
1968 15.35
1969 17.23
1970 13.30
1971 17.08
1972 13.76
1973 15.12
1974 15.91
1975 14.20
1977 10.81
1981 12.31
1982 16.26
1983 9.02
1984 5.16
1985 1.37
1986 5.03
1987 3.47
1988 1.83
1989 5.10
1990 2.96
1991 18.86
1992 19.73
1993 17.72
1994 29.15
1995 30.07
1996 26.46
1997 30.37
1998 44.42
1999 45.09
2000 36.02
2001 22.55
2002 25.54
2003 24.77
2004 19.22
2005 22.43
2006 20.17
2007 22.55
2008 13.68
2009 28.34
2010 26.26
2011 22.89
2012 24.23
2013 28.34
2014 25.13
2015 25.34
2016 26.29
2017 21.91
2018 20.86
2019 23.52
2020 24.17

Development Relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports