Trinidad and Tobago | 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
Republic of Trinidad and Tobago
Records
63
Source
Trinidad and Tobago | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
5.92128178 1960
4.67343977 1961
5.81260844 1962
4.47361372 1963
3.45679012 1964
3.65853659 1965
4.52121493 1966
4.87804878 1967
6.13765892 1968
7.91694546 1969
8.35157434 1970
11.30524352 1971
11.65869738 1972
11.00097238 1973
8.24082617 1974
11.40368737 1975
10.47063598 1976
9.96081447 1977
10.91835412 1978
12.42505397 1979
13.34827112 1980
15.8296022 1981
20.26954196 1982
13.88913135 1983
11.86634781 1984
10.29959036 1985
7.539292 1986
10.71847168 1987
13.1878494 1988
13.53423771 1989
13.22673847 1990
15.1229982 1991
18.62902141 1992
23.11627017 1993
21.57806356 1994
25.13111092 1995
29.58657875 1996
31.21435178 1997
33.34160902 1998
30.92497002 1999
28.44198726 2000
26.87379326 2001
24.50809403 2002
33.05996946 2003
26.01041409 2004
33.33803104 2005
29.55333092 2006
30.35960297 2007
35.55603096 2008
30.50148789 2009
37.35573539 2010
34.76685462 2011
31.37559436 2012
37.81572973 2013
35.05671801 2014
40.1239361 2015
40.1380618 2016
39.34854513 2017
43.52423745 2018
22.72930302 2019
35.86277786 2020
2021
2022
Trinidad and Tobago | 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
Republic of Trinidad and Tobago
Records
63
Source