Latin America & Caribbean (excluding high income) | 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
Latin America & Caribbean (excluding high income)
Records
63
Source
Latin America & Caribbean (excluding high income) | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
1960 1.12119687
1961 1.34742018
1962 1.46229081
1963 1.42156479
1964 2.49234256
1965 2.68926151
1966 2.62758931
1967 1.78679584
1968 1.8241712
1969 1.34832307
1970 1.58500958
1971 2.1556156
1972 3.40637099
1973 5.20441031
1974 6.47330543
1975 6.21729515
1976 4.09785403
1977 5.65406795
1978 5.48514601
1979 5.21223949
1980 5.77776319
1981 7.26943829
1982 6.74275777
1983 7.87205827
1984 7.64023659
1985 8.9151014
1986 6.86917773
1987 6.18868318
1988 7.2933543
1989 6.61698833
1990 6.38152221
1991 4.94058516
1992 5.29061068
1993 5.29328461
1994 5.14093856
1995 5.69746693
1996 5.73915385
1997 5.65718695
1998 4.69042086
1999 4.13472146
2000 3.70430591
2001 5.08520539
2002 5.85986864
2003 7.19024631
2004 7.63789533
2005 8.54256368
2006 8.93949597
2007 9.71365028
2008 10.70571103
2009 12.68584936
2010 13.792428
2011 14.5302548
2012 14.59362501
2013 15.27983957
2014 14.8996474
2015 14.45920863
2016 15.0429001
2017 16.68744535
2018 17.58968414
2019 17.65756991
2020 19.38662993
2021
2022
Latin America & Caribbean (excluding high income) | 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
Latin America & Caribbean (excluding high income)
Records
63
Source