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Trade & Finance

Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are 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.

World Bank code: TX.VAL.MRCH.R5.ZS • Data available for 205 countries • Latest year: 2023

In , Bhutan led Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) at 95.89.

The world median across 199 reporting countries was 1.23.

What this measures: Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are 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.

How "Trade & Finance" indicators are measured

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.

Distribution — 2023

Reporting
199 countries
Median
1.23
Mean
4.93
25th percentile
0.28
75th percentile
4.55
Range
0.00 – 95.89

World at a Glance — 2023

Every reporting country, grouped by region, shaded by value (quintile).

East Asia & PacificAmerican Samoa: 0.83ASAustralia: 5.18AUBrunei Darussalam: 1.62BNCambodia: 1.33KHChina: 4.89CNFiji: 0.11FJGuam: 0.03GUHong Kong SAR, China: 4.04HKIndonesia: 10.55IDJapan: 2.64JPKorea, Dem. People's Rep.: 0.84KPKorea, Rep.: 3.29KRLao PDR: 2.64LAMacao SAR, China: 0.08MOMalaysia: 4.70MYMarshall Islands: 0.70MHMicronesia, Fed. Sts.: 0.00FMMongolia: 0.02MNMyanmar: 6.48MMNauru: 0.02NRNew Caledonia: 0.62NCNew Zealand: 2.12NZPalau: 0.64PWPapua New Guinea: 0.88PGPhilippines: 1.65PHSingapore: 4.34SGSolomon Islands: 0.91SBThailand: 4.41THTimor-Leste: 0.91TLTuvalu: 0.02TVViet Nam: 2.90VNEurope & Central AsiaAlbania: 0.14ALArmenia: 0.41AMAustria: 0.72ATAzerbaijan: 3.67AZBelarus: 0.48BYBelgium: 1.12BEBosnia and Herzegovina: 0.14BABulgaria: 0.69BGCroatia: 0.17HRCyprus: 1.07CYCzechia: 0.51CZDenmark: 0.81DKEstonia: 0.49EEFaroe Islands: 0.00FOFinland: 1.26FIFrance: 1.31FRGeorgia: 0.23GEGermany: 1.19DEGibraltar: 0.07GIGreece: 0.50GRGreenland: 0.02GLHungary: 0.27HUIceland: 0.10ISIreland: 0.33IEItaly: 1.05ITKazakhstan: 1.38KZKosovo: 0.07XKKyrgyz Republic: 0.71KGLatvia: 0.33LVLithuania: 0.33LTLuxembourg: 0.60LUMoldova: 0.09MDMontenegro: 0.10MENetherlands: 0.54NLNorth Macedonia: 0.03MKNorway: 0.28NOPoland: 0.53PLPortugal: 0.30PTRomania: 0.77RORussian Federation: 14.99RUSan Marino: 0.26SMSerbia: 0.28RSSlovak Republic: 0.19SKSlovenia: 0.28SISpain: 0.59ESSweden: 1.02SESwitzerland: 4.12CHTajikistan: 7.69TJTurkiye: 1.23TRTurkmenistan: 1.29TMUkraine: 2.41UAUnited Kingdom: 1.84GBUzbekistan: 9.33UZLatin America & CaribbeanAntigua and Barbuda: 0.20AGArgentina: 4.65ARAruba: 0.68AWBahamas, The: 0.01BSBarbados: 0.11BBBelize: 0.10BZBolivia: 12.20BOBrazil: 2.13BRChile: 1.67CLColombia: 4.91COCosta Rica: 0.32CRCuba: 0.20CUCuracao: 1.20CWDominica: 0.39DMDominican Republic: 3.12DOEcuador: 1.33ECEl Salvador: 0.02SVGrenada: 0.00GDGuatemala: 0.39GTGuyana: 3.76GYHaiti: 1.53HTHonduras: 0.66HNJamaica: 0.05JMMexico: 0.44MXNicaragua: 0.00NIPanama: 5.31PAParaguay: 2.79PYPeru: 3.98PESint Maarten (Dutch part): 0.00SXSt. Kitts and Nevis: 0.17KNSt. Lucia: 1.53LCSt. Vincent and the Grenadines: 0.12VCSuriname: 0.06SRTrinidad and Tobago: 0.11TTUruguay: 1.13UYVenezuela, RB: 2.23VEMiddle East, North Africa, Afghanistan & PakistanAfghanistan: 69.93AFAlgeria: 0.92DZBahrain: 3.48BHDjibouti: 0.04DJEgypt, Arab Rep.: 3.53EGIran, Islamic Rep.: 17.26IRIraq: 26.37IQIsrael: 4.11ILJordan: 16.09JOKuwait: 24.10KWLebanon: 1.00LBLibya: 1.27LYMalta: 1.43MTMorocco: 5.08MAOman: 12.04OMPakistan: 6.94PKQatar: 17.72QASaudi Arabia: 11.46SASyrian Arab Republic: 1.03SYTunisia: 1.72TNUnited Arab Emirates: 15.75AEWest Bank and Gaza: 0.09PSYemen, Rep.: 0.26YENorth AmericaCanada: 0.89CAUnited States: 2.23USSouth AsiaBangladesh: 4.54BDBhutan: 95.89BTIndia: 5.71INMaldives: 6.09MVNepal: 70.54NPSri Lanka: 10.32LKSub-Saharan AfricaAngola: 6.34AOBenin: 59.86BJBotswana: 12.82BWBurkina Faso: 1.86BFBurundi: 4.55BICabo Verde: 3.23CVCameroon: 16.39CMCentral African Republic: 0.60CFChad: 1.37TDComoros: 29.10KMCongo, Dem. Rep.: 0.22CDCongo, Rep.: 1.49CGCote d'Ivoire: 2.97CIEquatorial Guinea: 3.43GQEritrea: 0.16EREswatini: 0.44SZEthiopia: 6.28ETGabon: 4.72GAGambia, The: 0.08GMGhana: 7.03GHGuinea: 24.97GNGuinea-Bissau: 9.14GWKenya: 9.49KELesotho: 0.05LSLiberia: 1.14LRMadagascar: 4.73MGMalawi: 5.01MWMali: 5.74MLMauritania: 0.23MRMauritius: 3.62MUMozambique: 16.66MZNamibia: 0.91NANiger: 0.00NENigeria: 8.78NGRwanda: 3.65RWSao Tome and Principe: 0.05STSenegal: 11.04SNSeychelles: 0.55SCSierra Leone: 1.90SLSomalia, Fed. Rep.: 2.97SOSouth Africa: 5.39ZASouth Sudan: 0.14SSSudan: 6.52SDTanzania: 22.95TZTogo: 24.48TGUganda: 12.80UGZambia: 1.26ZMZimbabwe: 0.54ZW

Lighter = lower value · Darker = higher value. Hover a cell to see the country and value.

Highest Values — 2023

# Country Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
1 Bhutan South Asia 95.89
2 Nepal South Asia 70.54
3 Afghanistan Middle East, North Africa, Afghanistan & Pakistan 69.93
4 Benin Sub-Saharan Africa 59.86
5 Comoros Sub-Saharan Africa 29.10
6 Iraq Middle East, North Africa, Afghanistan & Pakistan 26.37
7 Guinea Sub-Saharan Africa 24.97
8 Togo Sub-Saharan Africa 24.48
9 Kuwait Middle East, North Africa, Afghanistan & Pakistan 24.10
10 Tanzania Sub-Saharan Africa 22.95

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Biggest Movers — Year over Year

Largest increases

Largest decreases

By Income Group — Average

Income group Countries Mean
High income 72 2.40
Upper middle income 52 2.86
Lower middle income 48 9.90
Low income 25 7.03
Not classified 2 4.26

By Region — Average

Region Countries Mean
East Asia & Pacific 31 2.24
Europe & Central Asia 53 1.29
Latin America & Caribbean 36 1.60
Middle East, North Africa, Afghanistan & Pakistan 23 10.51
North America 2 1.56
South Asia 6 32.18
Sub-Saharan Africa 48 7.24

Lowest Values — 2023

# Country Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
1 Grenada 0.00
2 Niger 0.00
3 Micronesia, Fed. Sts. 0.00
4 Nicaragua 0.00
5 Sint Maarten (Dutch part) 0.00
6 Faroe Islands 0.00
7 Bahamas, The 0.01
8 Tuvalu 0.02
9 Nauru 0.02
10 Greenland 0.02
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Source: World Bank Open Data (TX.VAL.MRCH.R5.ZS), CC BY 4.0. Rankings show countries with available data for 2023.