Africa Eastern and Southern | Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies. Development relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating 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.
Publisher
The World Bank
Origin
Africa Eastern and Southern
Records
63
Source
Create chart Download showed records Download Full dataset
Africa Eastern and Southern | Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
3.88486401 1960
3.7628715 1961
3.72161324 1962
4.60431466 1963
10.66299197 1964
12.47982804 1965
8.18668356 1966
6.57756541 1967
8.05654043 1968
9.48894915 1969
9.87465081 1970
9.48338225 1971
11.25862259 1972
10.97325784 1973
10.31654215 1974
5.52854004 1975
4.4143272 1976
4.04516264 1977
3.48620335 1978
3.85797652 1979
4.25651553 1980
7.57907351 1981
7.08919299 1982
6.66609013 1983
6.0047369 1984
5.29312355 1985
5.33429073 1986
5.64533995 1987
4.94217628 1988
6.30272842 1989
7.16946437 1990
6.51578485 1991
8.69535615 1992
10.17993257 1993
11.9271524 1994
12.20640483 1995
12.66534185 1996
13.21073988 1997
12.59510667 1998
13.51502882 1999
17.28681924 2000
14.77005629 2001
16.66068366 2002
15.92552912 2003
15.92894737 2004
15.03127205 2005
14.75430829 2006
14.23380119 2007
14.19481728 2008
17.39405937 2009
19.73839338 2010
19.8006429 2011
21.87188154 2012
22.78916566 2013
22.87730378 2014
25.20791154 2015
25.37338722 2016
22.92986378 2017
22.27582411 2018
23.51459581 2019
22.57205608 2020
2021
2022
Africa Eastern and Southern | Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies. Development relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating 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.
Publisher
The World Bank
Origin
Africa Eastern and Southern
Records
63
Source
Create chart Download showed records Download Full dataset