Israel - 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 Israel was 23.03 as of 2020. Its highest value over the past 60 years was 24.72 in 2013, while its lowest value was 3.79 in 1987.

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 10.39
1961 9.89
1962 8.21
1963 7.14
1964 7.55
1965 9.79
1966 8.59
1967 8.75
1968 9.86
1969 10.10
1970 10.97
1971 11.11
1972 9.98
1973 7.39
1974 10.26
1975 13.18
1976 11.00
1977 8.18
1978 8.57
1979 5.46
1980 6.50
1981 6.98
1982 6.27
1983 5.35
1984 5.24
1985 4.54
1986 4.60
1987 3.79
1988 4.34
1989 6.06
1990 6.01
1991 5.84
1992 7.18
1993 9.48
1994 11.08
1995 11.06
1996 12.04
1997 12.39
1998 11.56
1999 11.11
2000 13.59
2001 14.12
2002 13.74
2003 14.80
2004 15.55
2005 14.99
2006 14.77
2007 16.11
2008 18.65
2009 18.19
2010 22.15
2011 22.14
2012 23.39
2013 24.72
2014 23.45
2015 22.94
2016 21.75
2017 18.55
2018 21.48
2019 22.26
2020 23.03

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