Lao PDR | Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income 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
Lao People's Democratic Republic
Records
63
Source
Lao PDR | Merchandise exports to high-income economies (% of total merchandise exports)
year value
1960 0.54054054
1961
1962 61.09979633
1963 83.05084746
1964 61.2244898
1965 25
1966
1967 4.68679585
1968 8.57757907
1969 1.25377293
1970 34.45867288
1971 2.47960848
1972 6.11974859
1973 4.81927711
1974 15.57145381
1975
1976
1977
1978
1979
1980
1981 36.42328297
1982 20.840374
1983 27.64837329
1984 31.46964857
1985 31.84362897
1986 15.57577985
1987 27.59816939
1988 28.64851705
1989 12.84510285
1990 19.39769991
1991 36.25674302
1992 52.92812606
1993 25.32224532
1994 15.14647137
1995 15.74550129
1996 9.41690053
1997 51.0436729
1998 39.49383746
1999 32.13271651
2000 45.9815362
2001 48.77990537
2002 48.46962465
2003 48.08061396
2004 50.27077175
2005 38.11531102
2006 27.44851936
2007 28.55412773
2008 24.82255503
2009 22.20839796
2010 18.44699633
2011 16.94504666
2012 18.11320859
2013 15.77231615
2014 11.39479555
2015 12.47526719
2016 13.53849983
2017 13.28447293
2018 13.22172145
2019 13.84005465
2020 13.65731036
2021
2022

Lao PDR | Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income 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
Lao People's Democratic Republic
Records
63
Source