Brazil - 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 Brazil was 47.37 as of 2020. Its highest value over the past 60 years was 47.37 in 2020, while its lowest value was 1.76 in 1962.

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
1960 1.76
1961 2.06
1962 1.76
1963 3.45
1964 2.98
1965 2.65
1966 3.91
1967 3.84
1968 4.45
1969 3.03
1970 3.59
1971 4.55
1972 6.99
1973 8.11
1974 10.44
1975 11.16
1976 7.71
1977 10.36
1978 10.86
1979 10.16
1980 12.74
1981 14.48
1982 12.96
1983 13.88
1984 15.23
1985 17.36
1986 12.08
1987 10.94
1988 10.68
1989 11.16
1990 10.23
1991 9.76
1992 9.80
1993 10.74
1994 11.08
1995 13.44
1996 11.77
1997 11.94
1998 10.86
1999 10.72
2000 8.41
2001 12.41
2002 15.29
2003 17.08
2004 17.10
2005 18.84
2006 19.63
2007 20.01
2008 21.23
2009 27.88
2010 29.58
2011 30.56
2012 31.70
2013 31.85
2014 32.55
2015 33.93
2016 34.16
2017 37.52
2018 40.17
2019 41.25
2020 47.37

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