European Union | 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
European Union
Records
63
Source
European Union | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
year value
1960 19.36530717
1961 17.33339227
1962 15.06366055
1963 14.55707294
1964 13.94213994
1965 13.98811589
1966 14.16976723
1967 14.07921222
1968 13.39319932
1969 12.57789145
1970 11.85391074
1971 11.57948051
1972 11.01671433
1973 11.15644976
1974 13.52874685
1975 16.13916989
1976 14.69763754
1977 14.65210916
1978 14.16291593
1979 13.19410962
1980 14.4678099
1981 16.87482338
1982 15.33093053
1983 14.08368893
1984 12.96092799
1985 12.29204277
1986 10.47930446
1987 9.28355239
1988 8.8565203
1989 8.72638141
1990 8.66649083
1991 8.82818207
1992 9.60519655
1993 12.18575316
1994 11.58195347
1995 11.82277254
1996 12.21062943
1997 12.2374302
1998 11.22125714
1999 9.90678152
2000 10.30840355
2001 10.64893821
2002 10.80236207
2003 11.0815825
2004 11.81301192
2005 12.58590682
2006 13.09901574
2007 13.83208439
2008 14.91912256
2009 15.1987557
2010 16.27820825
2011 16.86483934
2012 17.6578667
2013 17.76159433
2014 17.05024163
2015 15.93748702
2016 15.71320015
2017 16.19198823
2018 15.77541437
2019 15.70762603
2020 15.6687479
2021
2022

European Union | 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
European Union
Records
63
Source