Hong Kong SAR, China - 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 Hong Kong SAR, China was 67.42 as of 2020. Its highest value over the past 60 years was 69.11 in 2018, while its lowest value was 11.70 in 1972.

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 23.57
1961 26.47
1962 20.83
1963 18.29
1964 19.69
1965 17.12
1966 20.30
1967 20.67
1968 16.60
1969 14.72
1970 12.96
1971 12.49
1972 11.70
1973 12.10
1974 14.35
1975 13.85
1976 11.88
1977 14.05
1978 13.88
1979 15.14
1980 20.93
1981 24.05
1982 22.96
1983 22.67
1984 26.50
1985 33.05
1986 28.76
1987 30.64
1988 33.77
1989 33.00
1990 32.89
1991 34.88
1992 37.78
1993 39.94
1994 40.86
1995 42.00
1996 42.82
1997 43.05
1998 41.81
1999 40.75
2000 42.04
2001 44.27
2002 47.21
2003 50.00
2004 51.47
2005 52.33
2006 54.49
2007 57.00
2008 57.76
2009 60.21
2010 62.69
2011 63.37
2012 64.62
2013 65.80
2014 65.95
2015 67.82
2016 67.14
2017 68.20
2018 69.11
2019 69.07
2020 67.42

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