Senegal - 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 Senegal was 15.54 as of 2020. Its highest value over the past 60 years was 26.92 in 1995, while its lowest value was 0.04 in 1969.

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 5.20
1961 5.22
1962 2.43
1963 0.64
1964 1.98
1965 0.24
1966 0.47
1967 0.52
1968 0.47
1969 0.04
1970 0.28
1971 0.93
1972 0.81
1973 0.69
1974 2.71
1975 0.39
1976 0.26
1977 1.31
1978 1.87
1979 3.50
1980 3.50
1981 5.34
1982 2.88
1983 1.71
1984 2.35
1985 3.11
1986 8.34
1987 4.53
1988 14.18
1989 12.49
1990 14.16
1991 17.60
1992 18.31
1993 16.19
1994 20.08
1995 26.92
1996 20.02
1997 16.81
1998 20.21
1999 18.76
2000 15.72
2001 14.93
2002 22.99
2003 15.49
2004 16.79
2005 16.70
2006 9.80
2007 9.57
2008 13.74
2009 12.49
2010 14.85
2011 18.57
2012 15.05
2013 12.04
2014 8.09
2015 15.51
2016 16.52
2017 12.95
2018 17.08
2019 17.07
2020 15.54

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