Low & middle income | Merchandise exports (current US$)
Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Limitations and exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
Low & middle income
Records
63
Source
Low & middle income | Merchandise exports (current US$)
26964829281.527 1960
26522632658.93 1961
26938480778.108 1962
30466889062.036 1963
33813148996.242 1964
35844968446.382 1965
37974361146.954 1966
38415162654.781 1967
41141474063.868 1968
45633287345.451 1969
50346649301.54 1970
55094448875.428 1971
61845369884.625 1972
90207919724.391 1973
147300874603.84 1974
144928094323.62 1975
165541694408.55 1976
193335325336.64 1977
208899484478.58 1978
285828059967.37 1979
374724495935.52 1980
346826783290.1 1981
336670008547.79 1982
337765435848.24 1983
357655314381.08 1984
348899825647.72 1985
314091971810.23 1986
370687160983.31 1987
418080534270.61 1988
469451978422.52 1989
515456594678.95 1990
523998691978.93 1991
569731627430.7 1992
600395648207.38 1993
720302031279.75 1994
871787015471.99 1995
946372865623.49 1996
1026865314014.3 1997
975258819479.02 1998
1057301148012.5 1999
1299766604473.3 2000
1266771712712.1 2001
1380482757247.1 2002
1659285630152.1 2003
2125435158232 2004
2635588028473.9 2005
3215890441951.9 2006
3853371191472.2 2007
4684385091108.5 2008
3647367918083.6 2009
4729917356915.6 2010
5822630676925.2 2011
6025710107796.6 2012
6151086997386.6 2013
6237793291986.1 2014
5461695781265 2015
5140299324300.3 2016
5802004624576.8 2017
6478807602596.3 2018
6405750577618.3 2019
6071098500797.6 2020
7987028699496.5 2021
8956943407110.5 2022
Low & middle income | Merchandise exports (current US$)
Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Limitations and exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
Low & middle income
Records
63
Source