Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

Definition

Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.

Methodology for Trade & Finance indicators

Trade and finance indicators are sourced from customs declarations, balance-of-payments statistics, and central bank reporting. Exports and imports are usually reported FOB (free on board) for exports and CIF (cost, insurance, freight) for imports, which means global exports and global imports rarely sum to zero. Foreign direct investment data can be volatile year-over-year because of one-off cross-border acquisitions.

How to interpret

• Always check the unit and reporting year before comparing values across countries.
• NULL or "Not available" means the World Bank did not publish a value — we never estimate.
• Year-over-year changes can be driven by methodology updates, not just real economic shifts.