Switzerland - 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 Switzerland was 18.29 as of 2020. Its highest value over the past 60 years was 24.80 in 2017, while its lowest value was 8.66 in 1990.

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 14.73
1961 14.27
1962 13.58
1963 13.04
1964 13.18
1965 13.35
1966 13.34
1967 12.32
1968 13.41
1969 12.53
1970 12.66
1971 12.37
1972 12.33
1973 12.20
1974 13.71
1975 15.76
1976 14.24
1977 14.30
1978 13.61
1979 13.30
1980 13.28
1981 15.01
1982 15.05
1983 13.26
1984 11.56
1985 11.74
1986 11.38
1987 10.09
1988 9.51
1989 9.14
1990 8.66
1991 8.78
1992 9.11
1993 10.16
1994 9.98
1995 10.40
1996 10.65
1997 10.59
1998 9.55
1999 8.73
2000 9.46
2001 9.82
2002 10.13
2003 10.53
2004 11.43
2005 11.49
2006 12.30
2007 13.19
2008 13.83
2009 13.77
2010 14.79
2011 15.49
2012 22.73
2013 24.77
2014 22.48
2015 23.02
2016 21.19
2017 24.80
2018 24.55
2019 20.81
2020 18.29

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