Merchandise exports to low- and middle-income economies in East Asia in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Merchandise exports to low- and middle-income economies in East Asia was 19.3% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in East Asia in Heavily indebted poor countries (HIPC), 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Heavily indebted poor countries (HIPC) recorded 19.3% for merchandise exports to low- and middle-income economies in east asia in 2023. That is the highest value across all 64 years on record.
The figure is up 31.6% on the previous year and up 66.0% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in east asia in Heavily indebted poor countries (HIPC) peaked at 19.3% in 2023 and was at its lowest, 0.6%, in 1962.
That places Heavily indebted poor countries (HIPC) 10th out of 47 groups with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in East Asia in Heavily indebted poor countries (HIPC), year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 1.0% | — |
| 1961 | 0.7% | -22.0% |
| 1962 | 0.6% | -23.5% |
| 1963 | 1.6% | +174.5% |
| 1964 | 1.0% | -34.1% |
| 1965 | 1.8% | +77.7% |
| 1966 | 1.1% | -42.4% |
| 1967 | 1.0% | -1.6% |
| 1968 | 1.1% | +9.2% |
| 1969 | 1.1% | -1.3% |
| 1970 | 1.8% | +58.3% |
| 1971 | 2.8% | +59.6% |
| 1972 | 2.4% | -15.6% |
| 1973 | 2.7% | +12.5% |
| 1974 | 1.9% | -30.8% |
| 1975 | 2.0% | +8.8% |
| 1976 | 1.8% | -12.6% |
| 1977 | 2.0% | +14.6% |
| 1978 | 2.2% | +6.6% |
| 1979 | 2.6% | +20.3% |
| 1980 | 1.5% | -40.6% |
| 1981 | 2.0% | +29.9% |
| 1982 | 1.9% | -4.4% |
| 1983 | 2.0% | +6.0% |
| 1984 | 2.0% | -2.5% |
| 1985 | 2.5% | +27.2% |
| 1986 | 2.0% | -18.8% |
| 1987 | 2.4% | +16.0% |
| 1988 | 2.5% | +7.3% |
| 1989 | 2.8% | +10.8% |
| 1990 | 2.8% | -1.5% |
| 1991 | 3.4% | +23.2% |
| 1992 | 2.8% | -17.0% |
| 1993 | 3.4% | +18.9% |
| 1994 | 4.1% | +22.7% |
| 1995 | 4.3% | +4.9% |
| 1996 | 5.1% | +16.7% |
| 1997 | 4.5% | -10.7% |
| 1998 | 2.9% | -35.0% |
| 1999 | 3.0% | +0.3% |
| 2000 | 7.9% | +165.8% |
| 2001 | 9.0% | +14.3% |
| 2002 | 7.2% | -19.5% |
| 2003 | 8.2% | +13.0% |
| 2004 | 12.7% | +55.5% |
| 2005 | 14.9% | +17.7% |
| 2006 | 8.8% | -41.0% |
| 2007 | 7.8% | -11.1% |
| 2008 | 8.4% | +7.0% |
| 2009 | 7.5% | -11.1% |
| 2010 | 8.8% | +18.3% |
| 2011 | 9.6% | +9.3% |
| 2012 | 9.8% | +2.0% |
| 2013 | 11.6% | +18.3% |
| 2014 | 9.6% | -17.9% |
| 2015 | 9.6% | -0.1% |
| 2016 | 11.6% | +21.7% |
| 2017 | 14.7% | +26.1% |
| 2018 | 19.2% | +30.8% |
| 2019 | 16.2% | -15.3% |
| 2020 | 17.7% | +8.8% |
| 2021 | 16.3% | -8.1% |
| 2022 | 14.7% | -9.6% |
| 2023 | 19.3% | +31.6% |
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in East Asia in Heavily indebted poor countries (HIPC) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1963 | +174.5% | 0.6% | 1.6% |
| 2000 | +165.8% | 3.0% | 7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.1% | 0.6% | 1.8% | 10 |
| 1970s | 2.2% | 1.8% | 2.8% | 10 |
| 1980s | 2.2% | 1.5% | 2.8% | 10 |
| 1990s | 3.6% | 2.8% | 5.1% | 10 |
| 2000s | 9.2% | 7.2% | 14.9% | 10 |
| 2010s | 12.1% | 8.8% | 19.2% | 10 |
| 2020s | 17.0% | 14.7% | 19.3% | 4 |
Countries ranked near Heavily indebted poor countries (HIPC)
- 7 North Korea 74.2% compare
- 8 Hong Kong 63.9% compare
- 9 Turkmenistan 63.1% compare
- 10 Democratic Republic of Congo 59.4% compare
- 11 Maldives 56.7% compare
- 12 East Timor 54.6% compare
- 13 Solomon Islands 54.2% compare
More private sector data for Heavily indebted poor countries (HIPC)
- Merchandise trade 45.6% (2025)
- Food imports 14.9% (2023)
- Manufactures imports 59.9% (2023)
- Merchandise imports 306.76 billion current US$ (2025)
- Food exports 27.0% (2023)
- Manufactures exports 14.1% (2023)
- Merchandise exports 279.71 billion current US$ (2025)
- Merchandise exports (current US$), per capita 289.81 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2176 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 20.37 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in east asia in Heavily indebted poor countries (HIPC)?
- Merchandise exports to low- and middle-income economies in east asia in Heavily indebted poor countries (HIPC) was 19.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in east asia recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 19.3% in 2023.
- What is the lowest merchandise exports to low- and middle-income economies in east asia recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 0.6% in 1962.
- How does Heavily indebted poor countries (HIPC) rank for merchandise exports to low- and middle-income economies in east asia?
- Heavily indebted poor countries (HIPC) ranks 10th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in east asia rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 66.0%. The long-run trend across the full record is volatile.
- Where does this Heavily indebted poor countries (HIPC) data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.