Central Europe and the Baltics - 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 Central Europe and the Baltics was 13.39 as of 2020. Its highest value over the past 60 years was 20.86 in 1982, while its lowest value was 8.12 in 1973.

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 14.25
1961 11.87
1962 9.64
1963 10.13
1964 10.00
1965 10.30
1966 12.19
1967 15.62
1968 12.26
1969 12.30
1970 8.82
1971 9.11
1972 8.61
1973 8.12
1974 10.57
1975 13.18
1976 13.44
1977 12.81
1978 12.73
1979 14.14
1980 16.00
1981 20.06
1982 20.86
1983 19.26
1984 17.04
1985 17.60
1986 16.62
1987 15.02
1988 16.22
1989 14.16
1990 12.00
1991 9.56
1992 17.63
1993 15.79
1994 16.56
1995 15.93
1996 16.88
1997 16.15
1998 12.48
1999 9.41
2000 9.27
2001 9.32
2002 9.39
2003 9.08
2004 10.15
2005 11.94
2006 12.93
2007 13.87
2008 15.20
2009 14.03
2010 14.98
2011 15.44
2012 16.83
2013 17.03
2014 15.52
2015 13.42
2016 13.32
2017 13.68
2018 13.02
2019 13.36
2020 13.39

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