Merchandise exports to low- and middle-income economies in East Asia in Singapore

Singapore: Merchandise exports to low- and middle-income economies in East Asia was 42.7% in 2023. ▲ Rising

Latest (2023)
42.7%
Change on year
up 0.9%
World rank
21st
of 206 countries
All-time high
46.6%
in 1968
All-time low
7.3%
in 1963
Years of data
59
1960–2023

Merchandise exports to low- and middle-income economies in East Asia in Singapore, 1960–2023

1020304050196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

Singapore recorded 42.7% for merchandise exports to low- and middle-income economies in east asia in 2023.

That represents a change of up 0.9% on the previous year and down 1.7% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in east asia in Singapore peaked at 46.6% in 1968 and was at its lowest, 7.3%, in 1963.

That places Singapore 21st out of 206 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 59 years of available data.

Merchandise exports to low- and middle-income economies in East Asia in Singapore, year by year

Annual values for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in Singapore, 1960 to 2023.
Year % of total merchandise exports Change
1960 22.8%
1962 9.2% -59.5%
1963 7.3% -21.2%
1968 46.6% +541.2%
1969 44.6% -4.3%
1970 38.2% -14.4%
1971 38.7% +1.4%
1972 34.2% -11.7%
1973 29.0% -15.3%
1974 27.8% -4.0%
1975 27.4% -1.5%
1976 22.7% -16.9%
1977 22.3% -2.0%
1978 23.0% +3.1%
1979 24.6% +7.1%
1980 25.5% +3.5%
1981 25.1% -1.7%
1982 27.0% +7.7%
1983 27.5% +1.8%
1984 25.2% -8.2%
1985 24.6% -2.6%
1986 23.8% -3.2%
1987 24.2% +1.6%
1988 24.9% +3.0%
1989 24.9% -0.1%
1990 24.2% -2.7%
1991 25.5% +5.2%
1992 24.3% -4.6%
1993 27.5% +13.0%
1994 31.9% +16.1%
1995 31.9% -0.2%
1996 31.0% -2.7%
1997 30.2% -2.5%
1998 27.3% -9.6%
1999 29.1% +6.5%
2000 31.3% +7.4%
2001 31.4% +0.5%
2002 32.7% +4.1%
2003 38.9% +18.8%
2004 39.5% +1.7%
2005 40.3% +1.8%
2006 40.9% +1.5%
2007 41.7% +2.1%
2008 41.7% -0.1%
2009 40.3% -3.2%
2010 41.0% +1.7%
2011 42.5% +3.6%
2012 43.1% +1.4%
2013 43.4% +0.7%
2014 44.1% +1.6%
2015 43.7% -0.9%
2016 41.9% -4.2%
2017 43.1% +3.0%
2018 42.8% -0.7%
2019 42.7% -0.2%
2020 40.6% -5.0%
2021 42.2% +4.0%
2022 42.3% +0.1%
2023 42.7% +0.9%

Singapore compared with similar countries

  • Singapore's 42.7% is above the median for high income countries, which is 4.1%, 10.4× the median. (74 countries reporting)
  • Singapore's 42.7% is above the median for East Asia & Pacific, which is 35.9%, 1.2× the median. (36 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies in East Asia in Singapore 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.

YearChange FromTo
1968 +541.2% 7.3% 46.6%
1962 -59.5% 22.8% 9.2%

Averages by decade

DecadeAverage LowestHighest Years
1960s 26.1% 7.3% 46.6% 5
1970s 28.8% 22.3% 38.7% 10
1980s 25.3% 23.8% 27.5% 10
1990s 28.3% 24.2% 31.9% 10
2000s 37.9% 31.3% 41.7% 10
2010s 42.8% 41.0% 44.1% 10
2020s 41.9% 40.6% 42.7% 4

Countries ranked near Singapore

  1. 18 South Sudan 51.2% compare
  2. 19 Vanuatu 49.0% compare
  3. 20 Australia 46.9% compare
  4. 22 Sierra Leone 41.3% compare
  5. 23 Chile 41.2% compare
  6. 24 Panama 40.9% compare

See the full ranking of 253 places →

More private sector data for Singapore

All data for Singapore →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in east asia in Singapore?
Merchandise exports to low- and middle-income economies in east asia in Singapore was 42.7% 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 Singapore?
The highest recorded value was 46.6% in 1968.
What is the lowest merchandise exports to low- and middle-income economies in east asia recorded in Singapore?
The lowest recorded value was 7.3% in 1963.
How does Singapore rank for merchandise exports to low- and middle-income economies in east asia?
Singapore ranks 21st out of 206 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in east asia rising or falling in Singapore?
Over the last ten years it is down 1.7%. The long-run trend across the full record is rising.
Where does this Singapore 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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Merchandise exports to low- and middle-income economies in East Asia in Singapore. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-east-asia-and-pacific-percent/singapore/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,319 data points, 1960–2023
Last refreshed

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.