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