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