Lower middle income - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Lower middle income was 57.90 as of 2020. Its highest value over the past 60 years was 84.00 in 1979, while its lowest value was 56.05 in 2013.

Definition: Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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 75.17
1961 75.21
1962 74.23
1963 75.19
1964 72.20
1965 71.65
1966 75.32
1967 77.13
1968 75.34
1969 75.30
1970 74.79
1971 73.89
1972 75.17
1973 77.91
1974 79.73
1975 77.35
1976 79.29
1977 79.71
1978 81.86
1979 84.00
1980 83.34
1981 78.47
1982 81.98
1983 81.52
1984 81.61
1985 80.95
1986 79.73
1987 80.20
1988 78.12
1989 80.24
1990 77.85
1991 79.23
1992 78.39
1993 77.55
1994 76.48
1995 72.24
1996 73.34
1997 75.57
1998 75.87
1999 75.86
2000 74.78
2001 72.95
2002 72.22
2003 71.38
2004 69.79
2005 67.83
2006 66.28
2007 62.45
2008 61.59
2009 61.10
2010 59.84
2011 58.45
2012 57.09
2013 56.05
2014 56.46
2015 59.04
2016 60.39
2017 57.85
2018 56.70
2019 57.26
2020 57.90

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies.

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