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)
0.54054054 1960
1961
61.09979633 1962
83.05084746 1963
61.2244898 1964
25 1965
1966
4.68679585 1967
8.57757907 1968
1.25377293 1969
34.45867288 1970
2.47960848 1971
6.11974859 1972
4.81927711 1973
15.57145381 1974
1975
1976
1977
1978
1979
1980
36.42328297 1981
20.840374 1982
27.64837329 1983
31.46964857 1984
31.84362897 1985
15.57577985 1986
27.59816939 1987
28.64851705 1988
12.84510285 1989
19.39769991 1990
36.25674302 1991
52.92812606 1992
25.32224532 1993
15.14647137 1994
15.74550129 1995
9.41690053 1996
51.0436729 1997
39.49383746 1998
32.13271651 1999
45.9815362 2000
48.77990537 2001
48.46962465 2002
48.08061396 2003
50.27077175 2004
38.11531102 2005
27.44851936 2006
28.55412773 2007
24.82255503 2008
22.20839796 2009
18.44699633 2010
16.94504666 2011
18.11320859 2012
15.77231615 2013
11.39479555 2014
12.47526719 2015
13.53849983 2016
13.28447293 2017
13.22172145 2018
13.84005465 2019
13.65731036 2020
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