Other small states - 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 Other small states was 33.70 as of 2020. Its highest value over the past 60 years was 33.70 in 2020, while its lowest value was 3.22 in 1962.

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 3.24
1961 3.62
1962 3.22
1963 3.25
1964 3.44
1965 4.15
1966 3.56
1967 21.93
1968 20.33
1969 19.14
1970 3.51
1971 18.45
1972 12.55
1973 8.01
1974 9.52
1975 10.42
1976 11.58
1977 11.62
1978 13.09
1979 11.94
1980 14.01
1981 12.30
1982 10.69
1983 10.75
1984 11.99
1985 12.17
1986 10.99
1987 12.16
1988 9.88
1989 8.86
1990 8.68
1991 12.23
1992 13.16
1993 15.12
1994 12.42
1995 12.61
1996 12.38
1997 15.31
1998 12.41
1999 12.28
2000 9.29
2001 11.01
2002 11.10
2003 10.04
2004 13.16
2005 13.12
2006 15.17
2007 15.30
2008 13.91
2009 16.92
2010 17.72
2011 18.67
2012 21.73
2013 21.94
2014 25.67
2015 23.61
2016 26.00
2017 29.15
2018 30.53
2019 31.74
2020 33.70

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