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