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