Low income - 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 Low income was 29.01 as of 2020. Its highest value over the past 60 years was 31.65 in 2018, while its lowest value was 3.61 in 1986.

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 11.25
1961 12.37
1962 12.07
1963 8.09
1964 8.83
1965 8.32
1966 6.76
1967 6.20
1968 4.72
1969 4.96
1970 5.62
1971 8.54
1972 7.88
1973 7.02
1974 5.32
1975 6.62
1976 5.42
1977 6.67
1978 5.41
1979 4.45
1980 3.81
1981 5.13
1982 4.59
1983 4.81
1984 5.01
1985 4.63
1986 3.61
1987 4.37
1988 6.33
1989 6.42
1990 8.37
1991 7.96
1992 7.37
1993 15.24
1994 9.13
1995 17.37
1996 17.18
1997 16.95
1998 18.14
1999 23.27
2000 20.35
2001 18.34
2002 17.56
2003 20.14
2004 25.14
2005 27.61
2006 20.18
2007 14.14
2008 13.37
2009 13.72
2010 14.21
2011 18.61
2012 24.11
2013 24.35
2014 25.23
2015 23.72
2016 22.55
2017 24.49
2018 31.65
2019 28.20
2020 29.01

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