Caribbean small states | 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
Caribbean small states
Records
63
Source
Caribbean small states | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
1960 3.22866773
1961 3.45804144
1962 3.66874443
1963 2.51154654
1964 1.85516414
1965 1.86262152
1966 2.33266221
1967 2.37407164
1968 3.01848084
1969 3.561019
1970 4.21532456
1971 4.68502638
1972 4.34486855
1973 4.58919076
1974 5.53258046
1975 7.63532447
1976 4.33463451
1977 3.97386563
1978 4.07094999
1979 5.60082727
1980 7.67479933
1981 7.33145348
1982 7.22437442
1983 4.9903074
1984 4.0653015
1985 5.3680083
1986 2.68347734
1987 3.63879658
1988 4.06817618
1989 4.39296652
1990 6.64340999
1991 7.55567382
1992 8.6239053
1993 8.40567057
1994 11.27159076
1995 13.9748507
1996 14.37923584
1997 16.13048412
1998 17.3967942
1999 17.05252738
2000 16.38128164
2001 18.27459802
2002 16.17295357
2003 24.6202948
2004 20.42777756
2005 27.24753667
2006 25.73357262
2007 24.98636714
2008 29.4506955
2009 24.01628352
2010 29.35486691
2011 27.59650506
2012 23.98536001
2013 34.77224753
2014 32.45485775
2015 30.39823692
2016 24.88452476
2017 25.30945311
2018 30.46125478
2019 18.70013309
2020 24.6022316
2021
2022
Caribbean small states | 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
Caribbean small states
Records
63
Source