OECD members - 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 OECD members was 23.24 as of 2020. Its highest value over the past 60 years was 24.40 in 2013, while its lowest value was 11.16 in 1990.

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 20.80
1961 20.11
1962 18.59
1963 18.21
1964 18.00
1965 17.58
1966 17.47
1967 17.11
1968 16.12
1969 15.22
1970 14.87
1971 14.79
1972 13.79
1973 14.04
1974 16.84
1975 19.06
1976 16.67
1977 16.43
1978 16.34
1979 15.12
1980 16.89
1981 18.30
1982 16.73
1983 15.12
1984 14.26
1985 13.96
1986 12.26
1987 11.23
1988 11.23
1989 11.21
1990 11.16
1991 11.80
1992 12.97
1993 15.20
1994 14.98
1995 15.02
1996 15.55
1997 15.79
1998 14.68
1999 13.66
2000 14.47
2001 14.82
2002 15.01
2003 15.54
2004 16.33
2005 16.99
2006 17.70
2007 18.52
2008 19.74
2009 20.89
2010 22.76
2011 23.27
2012 24.20
2013 24.40
2014 23.84
2015 23.18
2016 22.91
2017 23.73
2018 23.52
2019 23.22
2020 23.24

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