Africa Western and Central | 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
Africa Western and Central
Records
63
Source
Africa Western and Central | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
2.36687294 1960
2.11105077 1961
2.21585349 1962
1.9267762 1963
3.09760784 1964
2.71140351 1965
2.37983392 1966
1.86533352 1967
1.74362163 1968
1.7922254 1969
1.55893553 1970
1.60829022 1971
1.45979434 1972
1.36113168 1973
0.83345288 1974
1.4147273 1975
1.26815164 1976
2.00031658 1977
2.44782074 1978
2.29860052 1979
6.27337137 1980
3.99045356 1981
2.73796961 1982
1.74675863 1983
1.44204678 1984
3.96378053 1985
2.92920936 1986
1.87925722 1987
3.22780186 1988
3.30043215 1989
3.26246405 1990
4.37258209 1991
4.96526497 1992
7.75601815 1993
7.94580773 1994
9.7656603 1995
10.34345178 1996
11.47242638 1997
12.0593962 1998
19.18040959 1999
17.30100492 2000
16.56362109 2001
19.00037467 2002
16.10843093 2003
22.11016317 2004
19.78087298 2005
20.31823261 2006
19.98918011 2007
25.50939609 2008
23.76116041 2009
26.26090277 2010
26.05037165 2011
26.89799653 2012
31.73942052 2013
36.89705253 2014
35.58778818 2015
33.78961825 2016
37.36235095 2017
42.32504998 2018
42.65005565 2019
37.93041852 2020
2021
2022
Africa Western and Central | 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
Africa Western and Central
Records
63
Source