Fragile and conflict affected situations | Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies. Development relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating economies. 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
Fragile and conflict affected situations
Records
63
Source
Fragile and conflict affected situations | Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
1960 3.12635177
1961 3.80310236
1962 3.3307826
1963 4.38573925
1964 5.96878546
1965 6.93007507
1966 5.02865815
1967 3.59391845
1968 3.32399773
1969 4.75722428
1970 4.65032073
1971 4.59795815
1972 5.79755464
1973 5.57668034
1974 3.27197659
1975 1.9432754
1976 1.72762969
1977 1.77688741
1978 2.01935071
1979 1.55414643
1980 1.29224237
1981 3.57870645
1982 3.02438146
1983 2.62654559
1984 3.00157253
1985 2.61647091
1986 4.33336827
1987 4.7702914
1988 5.01674243
1989 4.69952253
1990 4.53983205
1991 5.67772473
1992 7.65387351
1993 8.05176249
1994 7.81336586
1995 7.58845657
1996 6.25140043
1997 6.19714492
1998 7.27824832
1999 6.20506841
2000 7.64940376
2001 8.39852261
2002 9.81632025
2003 10.19278329
2004 10.11967098
2005 8.14059554
2006 7.88061599
2007 10.92110647
2008 11.01665825
2009 13.51183846
2010 10.79258563
2011 9.32690084
2012 7.82406977
2013 9.51219456
2014 10.713728
2015 13.90197352
2016 15.06884221
2017 13.78057238
2018 12.20459193
2019 12.99343338
2020 15.5467182
2021
2022

Fragile and conflict affected situations | Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies. Development relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating economies. 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
Fragile and conflict affected situations
Records
63
Source