High income - 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 High income was 27.83 as of 2020. Its highest value over the past 60 years was 28.66 in 2013, while its lowest value was 12.20 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 21.14
1961 20.38
1962 18.88
1963 18.44
1964 18.15
1965 17.67
1966 17.61
1967 17.27
1968 16.53
1969 15.59
1970 15.12
1971 15.04
1972 14.01
1973 14.21
1974 16.57
1975 18.70
1976 16.17
1977 16.00
1978 16.12
1979 14.98
1980 16.68
1981 18.07
1982 17.16
1983 15.96
1984 15.20
1985 14.94
1986 13.04
1987 12.20
1988 12.38
1989 12.48
1990 12.51
1991 13.42
1992 14.76
1993 17.21
1994 17.27
1995 17.32
1996 18.03
1997 18.22
1998 16.94
1999 16.02
2000 17.64
2001 17.91
2002 18.21
2003 19.02
2004 19.90
2005 20.81
2006 21.65
2007 22.39
2008 23.71
2009 24.64
2010 26.93
2011 27.40
2012 28.44
2013 28.66
2014 28.26
2015 27.97
2016 27.31
2017 28.44
2018 28.23
2019 28.00
2020 27.83

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