Least developed countries: UN classification | 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
Least developed countries: UN classification
Records
63
Source
Least developed countries: UN classification | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
13.33888986 1960
11.14493331 1961
12.354581 1962
9.13837797 1963
7.33683941 1964
7.69745205 1965
6.42532927 1966
6.22342465 1967
4.50349908 1968
5.23736487 1969
6.07663483 1970
9.18293223 1971
9.50350896 1972
7.91196064 1973
6.80488256 1974
8.75501893 1975
7.78997931 1976
8.25771346 1977
7.89749614 1978
8.3570668 1979
8.16228214 1980
10.64769561 1981
9.07351421 1982
8.99212904 1983
8.39681724 1984
8.57675812 1985
7.80078589 1986
7.28329603 1987
8.75364056 1988
8.1011625 1989
8.82670221 1990
9.5940496 1991
8.51824862 1992
16.04270381 1993
11.16913881 1994
15.16044521 1995
16.92642356 1996
17.61825938 1997
12.59334396 1998
15.3660989 1999
17.91106658 2000
16.38805926 2001
18.08934962 2002
19.53999979 2003
22.48242167 2004
26.52388198 2005
23.99676168 2006
34.09965592 2007
35.6862694 2008
27.90020668 2009
28.9296393 2010
28.37506608 2011
36.34236333 2012
32.44390861 2013
29.92458312 2014
24.24944162 2015
24.30372798 2016
27.86591522 2017
29.64015301 2018
25.84375587 2019
22.2269331 2020
2021
2022
Least developed countries: UN classification | 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
Least developed countries: UN classification
Records
63
Source