Macao 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 Macao SAR, China was 14.31 as of 2020. Its highest value over the past 57 years was 32.16 in 1963, while its lowest value was 0.48 in 1979.

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
1963 32.16
1964 29.38
1965 26.09
1966 22.69
1967 12.40
1969 16.45
1970 18.30
1971 21.21
1972 10.07
1973 10.10
1974 5.96
1975 3.60
1976 1.35
1977 1.37
1978 1.01
1979 0.48
1980 0.91
1981 5.02
1982 6.43
1983 5.51
1984 5.02
1985 7.31
1986 4.46
1987 4.40
1988 4.13
1989 3.89
1990 4.88
1991 8.91
1992 10.33
1993 14.27
1994 13.64
1995 11.17
1996 8.82
1997 7.56
1998 8.25
1999 10.41
2000 11.59
2001 13.45
2002 17.12
2003 15.69
2004 15.70
2005 16.95
2006 16.87
2007 17.89
2008 16.30
2009 20.59
2010 21.46
2011 20.16
2012 19.72
2013 21.14
2014 17.21
2015 19.85
2016 21.83
2017 21.12
2018 18.71
2019 14.20
2020 14.31

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