World - 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 World was 24.77 as of 2020. Its highest value over the past 60 years was 25.39 in 2018, while its lowest value was 11.68 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 18.28
1961 17.58
1962 16.42
1963 15.93
1964 15.87
1965 15.55
1966 15.51
1967 15.15
1968 14.60
1969 13.83
1970 13.56
1971 13.83
1972 12.83
1973 12.93
1974 14.89
1975 17.02
1976 14.61
1977 14.50
1978 14.67
1979 13.50
1980 15.11
1981 16.62
1982 15.83
1983 14.86
1984 14.12
1985 13.99
1986 12.38
1987 11.68
1988 11.89
1989 11.73
1990 11.70
1991 12.33
1992 13.61
1993 15.67
1994 15.44
1995 15.60
1996 16.10
1997 16.26
1998 15.21
1999 14.46
2000 15.67
2001 15.98
2002 16.29
2003 17.06
2004 17.80
2005 18.48
2006 19.20
2007 20.10
2008 21.27
2009 22.11
2010 23.75
2011 24.31
2012 25.07
2013 25.31
2014 25.21
2015 24.70
2016 24.37
2017 25.36
2018 25.39
2019 25.21
2020 24.77

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