Latin America & Caribbean | 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
Records
63
Source
Create chart Download showed records Download Full dataset
Latin America & Caribbean | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
1.38853852 1960
1.64655731 1961
1.8014307 1962
1.74876615 1963
2.41803234 1964
2.54442466 1965
2.56613902 1966
2.12005272 1967
2.206699 1968
2.21778499 1969
2.46198952 1970
3.9685906 1971
3.73571932 1972
4.73040388 1973
5.9722526 1974
6.21023736 1975
4.70653009 1976
5.78885268 1977
5.73872764 1978
5.7681335 1979
6.24997308 1980
6.92214347 1981
6.58184713 1982
7.18786036 1983
6.93431607 1984
8.11881781 1985
7.11142285 1986
6.62696125 1987
7.50036311 1988
7.10329321 1989
6.75161309 1990
5.75262161 1991
6.48418349 1992
6.64413765 1993
6.72499844 1994
7.51285393 1995
7.37522425 1996
7.1738028 1997
6.47607273 1998
5.71668867 1999
5.30376275 2000
6.5981282 2001
7.12123757 2002
8.82405044 2003
9.30322353 2004
10.28682624 2005
10.86512896 2006
12.12246872 2007
12.45567101 2008
14.89069006 2009
16.15802477 2010
16.37260699 2011
16.3025574 2012
17.33849835 2013
17.05107285 2014
16.97165073 2015
17.56858874 2016
19.0532784 2017
20.08911868 2018
20.18090402 2019
22.64820918 2020
2021
2022
Latin America & Caribbean | 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
Records
63
Source
Create chart Download showed records Download Full dataset