Arab World | 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
Arab World
Records
63
Source
Arab World | Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
1960 5.94601167
1961 6.11836787
1962 5.04181827
1963 5.58356676
1964 4.01864125
1965 4.00465808
1966 3.18567132
1967 3.08743219
1968 3.25664016
1969 3.27125196
1970 3.09533017
1971 2.89708669
1972 2.57209218
1973 1.97295458
1974 0.9826344
1975 0.60863654
1976 0.37893144
1977 0.39063779
1978 0.50812528
1979 0.35623233
1980 0.25804081
1981 0.85813026
1982 0.73439456
1983 0.61789527
1984 0.92356096
1985 0.99971481
1986 1.54591029
1987 1.66606295
1988 1.93094229
1989 2.0909731
1990 2.02969409
1991 2.25535398
1992 2.09162281
1993 2.18747614
1994 2.48337688
1995 2.39870494
1996 1.85912038
1997 1.69775464
1998 2.02419995
1999 1.58683694
2000 1.48638886
2001 1.95222826
2002 2.229009
2003 2.00942335
2004 2.19620572
2005 1.18696811
2006 1.3039794
2007 2.57182786
2008 3.44800353
2009 4.74716468
2010 3.35447945
2011 1.57268782
2012 1.42009969
2013 1.48897147
2014 1.40187638
2015 1.60592639
2016 1.35034809
2017 1.25284879
2018 1.07857706
2019 1.38465563
2020 1.60354993
2021
2022
Arab World | 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
Arab World
Records
63
Source