Merchandise exports by the reporting economy in South Asia
South Asia: Merchandise exports by the reporting economy was 481.48 billion current US$ in 2023. ◆ Volatile
Latest (2023)
481.48 billion current US$
Change on year
down 6.0%
Rank
26th
of 45 groups
All-time high
512.26 billion current US$
in 2022
All-time low
1.51 billion current US$
in 1960
Years of data
64
1960–2023
Merchandise exports by the reporting economy in South Asia, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
South Asia recorded 481.48 billion current US$ for merchandise exports by the reporting economy in 2023.
Compared with earlier readings it is down 6.0% on the previous year and up 43.0% over ten years.
Over the whole period, merchandise exports by the reporting economy in South Asia peaked at 512.26 billion current US$ in 2022 and was at its lowest, 1.51 billion current US$, in 1960.
South Asia ranks 26th of 45 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy in South Asia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 1.51 billion current US$ | — |
| 1961 | 1.54 billion current US$ | +1.9% |
| 1962 | 1.53 billion current US$ | -0.2% |
| 1963 | 1.67 billion current US$ | +9.0% |
| 1964 | 1.73 billion current US$ | +3.5% |
| 1965 | 1.66 billion current US$ | -3.9% |
| 1966 | 1.57 billion current US$ | -5.9% |
| 1967 | 1.59 billion current US$ | +1.8% |
| 1968 | 1.69 billion current US$ | +5.9% |
| 1969 | 1.71 billion current US$ | +1.3% |
| 1970 | 1.88 billion current US$ | +9.7% |
| 1971 | 1.91 billion current US$ | +2.0% |
| 1972 | 2.32 billion current US$ | +21.1% |
| 1973 | 2.93 billion current US$ | +26.4% |
| 1974 | 3.89 billion current US$ | +32.7% |
| 1975 | 4.39 billion current US$ | +12.8% |
| 1976 | 5.11 billion current US$ | +16.5% |
| 1977 | 5.95 billion current US$ | +16.3% |
| 1978 | 6.79 billion current US$ | +14.2% |
| 1979 | 7.92 billion current US$ | +16.7% |
| 1980 | 8.17 billion current US$ | +3.1% |
| 1981 | 6.67 billion current US$ | -18.3% |
| 1982 | 7.57 billion current US$ | +13.5% |
| 1983 | 7.74 billion current US$ | +2.1% |
| 1984 | 8.54 billion current US$ | +10.3% |
| 1985 | 8.39 billion current US$ | -1.6% |
| 1986 | 9.14 billion current US$ | +8.9% |
| 1987 | 11.23 billion current US$ | +22.9% |
| 1988 | 13.39 billion current US$ | +19.2% |
| 1989 | 17.93 billion current US$ | +33.9% |
| 1990 | 16.75 billion current US$ | -6.6% |
| 1991 | 18.64 billion current US$ | +11.3% |
| 1992 | 22.09 billion current US$ | +18.5% |
| 1993 | 24.77 billion current US$ | +12.1% |
| 1994 | 28.68 billion current US$ | +15.8% |
| 1995 | 35.06 billion current US$ | +22.2% |
| 1996 | 38.09 billion current US$ | +8.7% |
| 1997 | 42.57 billion current US$ | +11.7% |
| 1998 | 42.40 billion current US$ | -0.4% |
| 1999 | 44.71 billion current US$ | +5.4% |
| 2000 | 51.84 billion current US$ | +16.0% |
| 2001 | 51.32 billion current US$ | -1.0% |
| 2002 | 59.26 billion current US$ | +15.5% |
| 2003 | 71.50 billion current US$ | +20.7% |
| 2004 | 87.72 billion current US$ | +22.7% |
| 2005 | 112.11 billion current US$ | +27.8% |
| 2006 | 137.01 billion current US$ | +22.2% |
| 2007 | 172.93 billion current US$ | +26.2% |
| 2008 | 212.72 billion current US$ | +23.0% |
| 2009 | 181.47 billion current US$ | -14.7% |
| 2010 | 243.74 billion current US$ | +34.3% |
| 2011 | 323.21 billion current US$ | +32.6% |
| 2012 | 321.61 billion current US$ | -0.5% |
| 2013 | 336.62 billion current US$ | +4.7% |
| 2014 | 350.60 billion current US$ | +4.2% |
| 2015 | 299.77 billion current US$ | -14.5% |
| 2016 | 295.71 billion current US$ | -1.4% |
| 2017 | 332.36 billion current US$ | +12.4% |
| 2018 | 361.35 billion current US$ | +8.7% |
| 2019 | 365.44 billion current US$ | +1.1% |
| 2020 | 314.27 billion current US$ | -14.0% |
| 2021 | 446.12 billion current US$ | +42.0% |
| 2022 | 512.26 billion current US$ | +14.8% |
| 2023 | 481.48 billion current US$ | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.62 billion current US$ | 1.51 billion current US$ | 1.73 billion current US$ | 10 |
| 1970s | 4.31 billion current US$ | 1.88 billion current US$ | 7.92 billion current US$ | 10 |
| 1980s | 9.88 billion current US$ | 6.67 billion current US$ | 17.93 billion current US$ | 10 |
| 1990s | 31.38 billion current US$ | 16.75 billion current US$ | 44.71 billion current US$ | 10 |
| 2000s | 113.79 billion current US$ | 51.32 billion current US$ | 212.72 billion current US$ | 10 |
| 2010s | 323.04 billion current US$ | 243.74 billion current US$ | 365.44 billion current US$ | 10 |
| 2020s | 438.53 billion current US$ | 314.27 billion current US$ | 512.26 billion current US$ | 4 |
Countries ranked near South Asia
- 23 Saudi Arabia 322.17 billion current US$ compare
- 24 United Arab Emirates 320.42 billion current US$ compare
- 25 Malaysia 312.62 billion current US$ compare
- 26 Thailand 280.34 billion current US$ compare
- 27 Indonesia 258.76 billion current US$ compare
- 28 Czechia 255.40 billion current US$ compare
- 29 Türkiye 250.88 billion current US$ compare
More private sector data for South Asia
- Merchandise trade 30.0% (2025)
- Food imports 5.6% (2024)
- Manufactures imports 47.1% (2024)
- Merchandise imports 864.53 billion current US$ (2025)
- Food exports 11.8% (2024)
- Manufactures exports 67.0% (2024)
- Merchandise exports 510.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.72 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1115 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.04 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in South Asia?
- Merchandise exports by the reporting economy in South Asia was 481.48 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in South Asia?
- The highest recorded value was 512.26 billion current US$ in 2022.
- What is the lowest merchandise exports by the reporting economy recorded in South Asia?
- The lowest recorded value was 1.51 billion current US$ in 1960.
- How does South Asia rank for merchandise exports by the reporting economy?
- South Asia ranks 26th out of 45 groups with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in South Asia?
- Over the last ten years it is up 43.0%. The long-run trend across the full record is volatile.
- Where does this South Asia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.