Upper 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
Upper middle income
Records
63
Source
Upper middle income | Merchandise exports (current US$)
year value
1960 16482130775.052
1961 16054397806.561
1962 16588199327.885
1963 18003983924.399
1964 20043497728.335
1965 21439890326.205
1966 22768025125.174
1967 22881402486.061
1968 25020532488.93
1969 27628211789.343
1970 30169947114.547
1971 32226936376.364
1972 38054301343.615
1973 57034597085.668
1974 88437812227.829
1975 90571157671.468
1976 103039196633.56
1977 122400116372.88
1978 138460366616.15
1979 193810500054.35
1980 253265356721.42
1981 236637972451.74
1982 227571519970.16
1983 230649217998.51
1984 251846029960.77
1985 246475573319.06
1986 232406424975.86
1987 272601528986.92
1988 312792035988.22
1989 345446730021.7
1990 371057489316.76
1991 383636682306.84
1992 424833654164.9
1993 455750239477.58
1994 560681414974.32
1995 681213993258.92
1996 728866174601.8
1997 803805362492.36
1998 770435290875.05
1999 824361166079.12
2000 1015255834638
2001 994847517537.33
2002 1083370511790.7
2003 1310663239824.4
2004 1679144680672.4
2005 2079894559384.3
2006 2542268706551.1
2007 3060379372308
2008 3676365002454.5
2009 2877175360852.2
2010 3735415560599.9
2011 4558081145910.3
2012 4786362010962.7
2013 4916974025268.5
2014 4975371223176.9
2015 4426571636761.2
2016 4121183257671.1
2017 4609844686281.9
2018 5152685987534.4
2019 5099577705725.5
2020 4890155238448.7
2021 6438993206528.8
2022 7205543852277.9

Upper 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
Upper middle income
Records
63
Source