Chile - 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 Chile was 56.05 as of 2020. Its highest value over the past 60 years was 56.05 in 2020, while its lowest value was 6.37 in 1966.

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 6.96
1961 7.96
1962 8.91
1963 9.32
1964 8.67
1965 8.58
1966 6.37
1967 8.30
1968 8.92
1969 10.11
1970 11.04
1971 14.91
1972 15.77
1973 12.16
1974 22.44
1975 25.32
1976 26.30
1977 26.92
1978 23.99
1979 24.65
1980 24.41
1981 21.98
1982 19.41
1983 13.72
1984 17.25
1985 17.67
1986 18.45
1987 18.25
1988 13.69
1989 15.19
1990 15.25
1991 16.24
1992 20.46
1993 23.17
1994 25.07
1995 23.59
1996 23.99
1997 24.88
1998 25.86
1999 23.99
2000 27.88
2001 28.45
2002 28.64
2003 33.20
2004 32.98
2005 33.91
2006 32.39
2007 38.89
2008 38.59
2009 45.74
2010 47.16
2011 45.48
2012 46.31
2013 48.54
2014 48.62
2015 50.38
2016 50.79
2017 50.54
2018 53.37
2019 52.57
2020 56.05

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