IDA & IBRD total | 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
IDA & IBRD total
Records
63
Source
IDA & IBRD total | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
5.49252971 1960
5.04057273 1961
4.97419815 1962
4.66146787 1963
5.96717415 1964
5.97039737 1965
5.73057322 1966
5.48251333 1967
5.42588329 1968
4.79257235 1969
5.13034749 1970
6.09863385 1971
5.5605826 1972
5.31298505 1973
6.39376938 1974
7.37021324 1975
6.11836641 1976
6.56442538 1977
6.58412552 1978
6.20560101 1979
7.11884472 1980
10.08849539 1981
10.11638478 1982
10.19207525 1983
9.62470747 1984
9.88014521 1985
8.9118815 1986
8.85497493 1987
9.12760332 1988
7.64511314 1989
7.14088737 1990
6.15996447 1991
8.07680435 1992
8.67525967 1993
7.74197133 1994
8.60701241 1995
8.62240501 1996
8.8179712 1997
8.42610638 1998
8.36482137 1999
8.85914183 2000
9.37254957 2001
10.05321861 2002
10.88389518 2003
11.61484785 2004
12.36292354 2005
13.22610272 2006
14.91991823 2007
16.09776589 2008
16.70037024 2009
17.54690313 2010
18.41501314 2011
18.88788552 2012
19.21536118 2013
19.60141028 2014
18.66418596 2015
18.75783919 2016
19.57082786 2017
20.13670196 2018
20.10989559 2019
19.50015554 2020
2021
2022
IDA & IBRD total | 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
IDA & IBRD total
Records
63
Source