India - 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 India was 32.60 as of 2020. Its highest value over the past 60 years was 32.60 in 2020, while its lowest value was 4.98 in 1989.

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 14.64
1961 14.63
1962 14.23
1963 11.79
1964 11.59
1965 12.27
1966 11.45
1967 10.75
1968 11.03
1969 12.56
1970 14.93
1971 15.11
1972 12.16
1973 9.61
1974 16.63
1975 22.30
1976 15.67
1977 13.73
1978 14.23
1979 13.22
1980 12.99
1981 13.69
1982 9.90
1983 9.86
1984 7.94
1985 7.02
1986 6.03
1987 5.92
1988 6.11
1989 4.98
1990 6.66
1991 9.23
1992 14.29
1993 16.12
1994 14.51
1995 16.66
1996 17.64
1997 17.97
1998 16.52
1999 16.39
2000 17.57
2001 20.08
2002 22.17
2003 22.76
2004 24.14
2005 24.70
2006 26.36
2007 28.20
2008 26.61
2009 26.56
2010 29.50
2011 27.00
2012 28.80
2013 29.91
2014 31.35
2015 28.50
2016 27.26
2017 28.42
2018 29.45
2019 30.63
2020 32.60

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