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

Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in Bangladesh was 7.69 as of 2020. Its highest value over the past 48 years was 38.61 in 1975, while its lowest value was 3.43 in 2001.

Definition: Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.

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

See also:

Year Value
1972 25.53
1973 20.03
1974 32.28
1975 38.61
1976 31.18
1977 32.26
1978 29.44
1979 25.53
1980 33.27
1981 36.65
1982 31.44
1983 28.98
1984 24.31
1985 31.56
1986 24.07
1987 17.02
1988 15.93
1989 16.62
1990 12.35
1991 10.89
1992 11.72
1993 11.18
1994 10.15
1995 7.98
1996 7.22
1997 9.18
1998 5.91
1999 4.32
2000 4.01
2001 3.43
2002 4.27
2003 3.88
2004 3.94
2005 4.46
2006 4.73
2007 5.01
2008 6.57
2009 6.66
2010 8.43
2011 7.78
2012 7.36
2013 8.11
2014 8.47
2015 7.90
2016 7.89
2017 8.14
2018 7.09
2019 7.18
2020 7.69

Development Relevance: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets.

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