Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) - Country Ranking - Central America & the Caribbean

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: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 St. Vincent and the Grenadines 68.83 2020
2 Panama 47.90 2020
3 Trinidad and Tobago 35.86 2020
4 Barbados 34.78 2020
5 Antigua and Barbuda 32.94 2020
6 The Bahamas 26.85 2020
7 Cuba 16.66 2020
8 St. Kitts and Nevis 13.40 2020
9 Jamaica 10.05 2020
10 Dominica 7.52 2020
11 Guatemala 7.51 2020
12 Dominican Republic 5.59 2020
13 Costa Rica 3.09 2020
14 Haiti 2.89 2020
15 Honduras 1.84 2020
16 El Salvador 1.84 2020
17 Grenada 1.06 2020
18 St. Lucia 0.92 2020
19 Nicaragua 0.86 2020
20 Belize 0.61 2020

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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