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