United 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 United States was 39.43 as of 2020. Its highest value over the past 60 years was 39.73 in 2017, while its lowest value was 19.06 in 1987.

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 26.09
1961 25.89
1962 26.93
1963 26.19
1964 26.05
1965 24.45
1966 24.76
1967 23.62
1968 22.84
1969 20.87
1970 21.28
1971 21.43
1972 20.59
1973 20.81
1974 24.39
1975 25.96
1976 22.91
1977 21.72
1978 22.36
1979 21.15
1980 24.35
1981 24.87
1982 23.09
1983 20.59
1984 20.97
1985 21.10
1986 19.73
1987 19.06
1988 19.37
1989 19.49
1990 19.48
1991 20.63
1992 23.58
1993 24.58
1994 25.31
1995 24.32
1996 25.46
1997 27.18
1998 27.70
1999 26.93
2000 28.60
2001 29.47
2002 30.03
2003 30.32
2004 30.86
2005 31.03
2006 32.05
2007 32.46
2008 33.77
2009 35.18
2010 37.05
2011 37.97
2012 38.10
2013 39.33
2014 39.56
2015 38.85
2016 38.96
2017 39.73
2018 39.28
2019 38.63
2020 39.43

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