Merchandise exports by the reporting economy in Upper middle income
Upper middle income: Merchandise exports by the reporting economy was 6.77 trillion current US$ in 2023. ◆ Volatile
Latest (2023)
6.77 trillion current US$
Change on year
down 5.0%
Rank
12th
of 45 groups
All-time high
7.12 trillion current US$
in 2022
All-time low
7.53 billion current US$
in 1960
Years of data
64
1960–2023
Merchandise exports by the reporting economy in Upper middle income, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for merchandise exports by the reporting economy in Upper middle income is 6.77 trillion current US$, measured in 2023.
The figure is down 5.0% on the previous year and up 44.1% over ten years.
Over the whole period, merchandise exports by the reporting economy in Upper middle income peaked at 7.12 trillion current US$ in 2022 and was at its lowest, 7.53 billion current US$, in 1960.
Upper middle income ranks 12th of 45 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy in Upper middle income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 7.53 billion current US$ | — |
| 1961 | 8.18 billion current US$ | +8.6% |
| 1962 | 7.78 billion current US$ | -4.8% |
| 1963 | 8.79 billion current US$ | +12.9% |
| 1964 | 10.74 billion current US$ | +22.2% |
| 1965 | 11.34 billion current US$ | +5.6% |
| 1966 | 12.95 billion current US$ | +14.2% |
| 1967 | 14.63 billion current US$ | +12.9% |
| 1968 | 16.11 billion current US$ | +10.1% |
| 1969 | 16.13 billion current US$ | +0.1% |
| 1970 | 17.94 billion current US$ | +11.2% |
| 1971 | 18.96 billion current US$ | +5.7% |
| 1972 | 20.82 billion current US$ | +9.8% |
| 1973 | 31.85 billion current US$ | +53.0% |
| 1974 | 52.30 billion current US$ | +64.2% |
| 1975 | 48.27 billion current US$ | -7.7% |
| 1976 | 59.09 billion current US$ | +22.4% |
| 1977 | 71.84 billion current US$ | +21.6% |
| 1978 | 87.29 billion current US$ | +21.5% |
| 1979 | 121.09 billion current US$ | +38.7% |
| 1980 | 159.18 billion current US$ | +31.5% |
| 1981 | 183.52 billion current US$ | +15.3% |
| 1982 | 183.02 billion current US$ | -0.3% |
| 1983 | 184.60 billion current US$ | +0.9% |
| 1984 | 199.04 billion current US$ | +7.8% |
| 1985 | 192.78 billion current US$ | -3.1% |
| 1986 | 165.77 billion current US$ | -14.0% |
| 1987 | 201.28 billion current US$ | +21.4% |
| 1988 | 227.89 billion current US$ | +13.2% |
| 1989 | 256.33 billion current US$ | +12.5% |
| 1990 | 299.74 billion current US$ | +16.9% |
| 1991 | 329.92 billion current US$ | +10.1% |
| 1992 | 377.26 billion current US$ | +14.3% |
| 1993 | 409.82 billion current US$ | +8.6% |
| 1994 | 498.79 billion current US$ | +21.7% |
| 1995 | 604.60 billion current US$ | +21.2% |
| 1996 | 652.06 billion current US$ | +7.9% |
| 1997 | 739.70 billion current US$ | +13.4% |
| 1998 | 739.86 billion current US$ | +0.0% |
| 1999 | 806.60 billion current US$ | +9.0% |
| 2000 | 986.79 billion current US$ | +22.3% |
| 2001 | 967.38 billion current US$ | -2.0% |
| 2002 | 1.05 trillion current US$ | +8.7% |
| 2003 | 1.28 trillion current US$ | +21.3% |
| 2004 | 1.62 trillion current US$ | +27.4% |
| 2005 | 1.98 trillion current US$ | +22.1% |
| 2006 | 2.43 trillion current US$ | +22.6% |
| 2007 | 2.91 trillion current US$ | +19.5% |
| 2008 | 3.51 trillion current US$ | +20.8% |
| 2009 | 2.75 trillion current US$ | -21.6% |
| 2010 | 3.58 trillion current US$ | +30.2% |
| 2011 | 4.34 trillion current US$ | +21.3% |
| 2012 | 4.57 trillion current US$ | +5.1% |
| 2013 | 4.70 trillion current US$ | +2.8% |
| 2014 | 4.81 trillion current US$ | +2.5% |
| 2015 | 4.39 trillion current US$ | -8.8% |
| 2016 | 4.20 trillion current US$ | -4.3% |
| 2017 | 4.65 trillion current US$ | +10.8% |
| 2018 | 5.15 trillion current US$ | +10.7% |
| 2019 | 5.08 trillion current US$ | -1.4% |
| 2020 | 4.95 trillion current US$ | -2.5% |
| 2021 | 6.40 trillion current US$ | +29.3% |
| 2022 | 7.12 trillion current US$ | +11.3% |
| 2023 | 6.77 trillion current US$ | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.42 billion current US$ | 7.53 billion current US$ | 16.13 billion current US$ | 10 |
| 1970s | 52.95 billion current US$ | 17.94 billion current US$ | 121.09 billion current US$ | 10 |
| 1980s | 195.34 billion current US$ | 159.18 billion current US$ | 256.33 billion current US$ | 10 |
| 1990s | 545.84 billion current US$ | 299.74 billion current US$ | 806.60 billion current US$ | 10 |
| 2000s | 1.95 trillion current US$ | 967.38 billion current US$ | 3.51 trillion current US$ | 10 |
| 2010s | 4.55 trillion current US$ | 3.58 trillion current US$ | 5.15 trillion current US$ | 10 |
| 2020s | 6.31 trillion current US$ | 4.95 trillion current US$ | 7.12 trillion current US$ | 4 |
Countries ranked near Upper middle income
- 9 Mexico 591.69 billion current US$ compare
- 10 Hong Kong, China 575.97 billion current US$ compare
- 11 Canada 567.83 billion current US$ compare
- 12 Belgium 562.55 billion current US$ compare
- 13 United Kingdom of Great Britain and Northern Ireland 487.27 billion current US$ compare
- 14 Singapore 475.78 billion current US$ compare
- 15 Russian Federation 455.15 billion current US$ compare
More private sector data for Upper middle income
- Merchandise trade 42.8% (2025)
- Food imports 8.5% (2024)
- Manufactures imports 59.5% (2024)
- Merchandise imports 6.62 trillion current US$ (2025)
- Food exports 9.5% (2024)
- Manufactures exports 75.8% (2024)
- Merchandise exports 7.67 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,493 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2289 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.45 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Upper middle income?
- Merchandise exports by the reporting economy in Upper middle income was 6.77 trillion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Upper middle income?
- The highest recorded value was 7.12 trillion current US$ in 2022.
- What is the lowest merchandise exports by the reporting economy recorded in Upper middle income?
- The lowest recorded value was 7.53 billion current US$ in 1960.
- How does Upper middle income rank for merchandise exports by the reporting economy?
- Upper middle income ranks 12th out of 45 groups with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Upper middle income?
- Over the last ten years it is up 44.1%. The long-run trend across the full record is volatile.
- Where does this Upper middle income data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.