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