Australia | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
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. 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.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source
Australia | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
13.13955213 1960
17.45563395 1961
15.03723794 1962
17.06015932 1963
16.18916468 1964
18.08368915 1965
17.31818899 1966
23.99667945 1967
17.69383698 1968
18.26463468 1969
18.66623722 1970
18.36662103 1971
14.91740784 1972
13.67979762 1973
21.64315541 1974
21.35469116 1975
16.96022574 1976
18.92232863 1977
18.90418647 1978
20.40624416 1979
20.66028582 1980
20.11257682 1981
19.81380818 1982
16.70793463 1983
18.42671178 1984
18.55005412 1985
18.80666478 1986
17.12792811 1987
15.92724183 1988
16.39533169 1989
17.75847425 1990
16.87443314 1991
18.22610525 1992
20.75085837 1993
22.30414756 1994
22.60974641 1995
25.60323348 1996
26.43357689 1997
22.62345969 1998
22.50225307 1999
23.48039189 2000
24.04640643 2001
24.66915792 2002
26.00547335 2003
29.99576041 2004
32.40088909 2005
33.36959449 2006
34.4993898 2007
34.50014518 2008
42.4927974 2009
45.04742558 2010
46.22072014 2011
47.29881261 2012
51.54198803 2013
49.20527801 2014
48.69862647 2015
47.67323993 2016
50.76434122 2017
50.52229806 2018
51.72505598 2019
50.71407584 2020
2021
2022
Australia | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
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. 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.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source