Euro area | 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
Euro area
Records
63
Source
Euro area | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
1960 20.79669483
1961 18.64488618
1962 16.16083669
1963 15.62597919
1964 14.98266829
1965 14.99235128
1966 15.07141577
1967 14.77362755
1968 14.12290058
1969 13.03092829
1970 12.5146885
1971 12.19810173
1972 11.47847373
1973 11.73205557
1974 14.17332905
1975 16.96333908
1976 15.27733474
1977 15.21043756
1978 14.64895523
1979 13.5230257
1980 14.7405174
1981 17.06798101
1982 15.32501316
1983 14.12622227
1984 12.96484507
1985 12.29839335
1986 10.43802022
1987 9.23027579
1988 8.71037402
1989 8.70107335
1990 8.72317099
1991 8.98155554
1992 9.60378667
1993 12.32699221
1994 11.60287742
1995 11.91135587
1996 12.24735343
1997 12.29001631
1998 11.36638555
1999 10.06137601
2000 10.4271228
2001 10.84185707
2002 11.05526461
2003 11.34499356
2004 12.06741913
2005 12.78983575
2006 13.3341637
2007 14.03208269
2008 15.11430482
2009 15.56646601
2010 16.68547552
2011 17.2528267
2012 18.10375633
2013 18.17616228
2014 17.56287557
2015 16.49523858
2016 16.25239182
2017 16.76594845
2018 16.38389397
2019 16.26944288
2020 16.22597535
2021
2022
Euro area | 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
Euro area
Records
63
Source