Maldives - 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 Maldives was 48.30 as of 2020. Its highest value over the past 39 years was 59.13 in 1984, while its lowest value was 1.07 in 1995.

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
1981 28.78
1982 28.76
1983 36.38
1984 59.13
1985 29.43
1986 36.25
1987 22.18
1988 31.94
1989 30.04
1990 16.68
1991 11.00
1992 6.48
1993 17.44
1994 9.10
1995 1.07
1996 9.67
1997 8.14
1998 12.94
1999 17.09
2000 5.90
2001 11.18
2002 15.49
2003 21.61
2004 24.86
2005 23.58
2006 29.51
2007 43.38
2008 51.68
2009 27.21
2010 34.79
2011 31.39
2012 33.58
2013 44.05
2014 33.39
2015 25.56
2016 35.01
2017 50.01
2018 39.59
2019 39.92
2020 48.30

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