Colombia | 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
Republic of Colombia
Records
63
Source
Colombia | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
1960 0.04297379
1961 0.02298322
1962 0.12917115
1963 0.13419817
1964 0.12764406
1965 0.26017469
1966 0.03941663
1967 0.13728182
1968 0.39707977
1969 0.532177
1970 0.07273526
1971 0.25214248
1972 0.76374923
1973 0.44212597
1974 0.42651338
1975 0.26380188
1976 0.62158145
1977 0.26813301
1978 1.73607224
1979 1.79848216
1980 1.86337294
1981 1.3467102
1982 1.11828263
1983 1.27631528
1984 1.69836625
1985 2.38692583
1986 0.43819116
1987 0.75752751
1988 1.97383373
1989 0.16309608
1990 0.28512623
1991 0.56836641
1992 0.66612097
1993 0.90108618
1994 0.71295565
1995 1.14483188
1996 1.04322081
1997 1.33549773
1998 0.98346149
1999 1.08189286
2000 1.21628091
2001 0.97649352
2002 1.24814229
2003 2.24335712
2004 2.42604482
2005 2.68185726
2006 3.60684589
2007 4.52157387
2008 2.398813
2009 6.59080622
2010 8.24975306
2011 7.08384234
2012 11.03463387
2013 15.79417827
2014 18.43022164
2015 10.49937688
2016 8.82529166
2017 10.57941634
2018 15.46744304
2019 17.03842632
2020 16.42577091
2021
2022
Colombia | 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
Republic of Colombia
Records
63
Source