Merchandise exports to low- and middle-income economies … Europe in European Union
European Union: Merchandise exports to low- and middle-income economies … Europe was 3.6% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Europe & in European Union, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies in europe & in European Union stood at 3.6%. That is the highest value across all 64 years on record.
The figure is up 15.3% on the previous year and up 4.3% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in europe & in European Union peaked at 3.6% in 2023 and was at its lowest, 0.4%, in 1964.
That places European Union 12th 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 … Europe in European Union, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.8% | — |
| 1961 | 0.7% | -14.8% |
| 1962 | 0.6% | -14.4% |
| 1963 | 0.6% | -2.2% |
| 1964 | 0.4% | -26.2% |
| 1965 | 0.5% | +10.8% |
| 1966 | 0.6% | +18.2% |
| 1967 | 0.6% | +5.8% |
| 1968 | 0.6% | -2.8% |
| 1969 | 0.5% | -7.0% |
| 1970 | 0.5% | -5.2% |
| 1971 | 0.5% | +0.2% |
| 1972 | 0.6% | +15.5% |
| 1973 | 0.6% | +0.9% |
| 1974 | 0.8% | +27.7% |
| 1975 | 0.9% | +20.0% |
| 1976 | 0.9% | +1.6% |
| 1977 | 0.8% | -16.9% |
| 1978 | 0.6% | -24.3% |
| 1979 | 0.6% | -3.3% |
| 1980 | 0.6% | -1.4% |
| 1981 | 0.6% | +2.9% |
| 1982 | 0.6% | -1.9% |
| 1983 | 0.7% | +13.9% |
| 1984 | 0.7% | +11.2% |
| 1985 | 0.8% | +10.2% |
| 1986 | 0.7% | -13.2% |
| 1987 | 0.8% | +13.9% |
| 1988 | 0.7% | -10.7% |
| 1989 | 0.7% | -2.4% |
| 1990 | 0.9% | +28.1% |
| 1991 | 0.9% | +1.6% |
| 1992 | 1.0% | +12.1% |
| 1993 | 1.7% | +73.6% |
| 1994 | 1.5% | -16.3% |
| 1995 | 1.8% | +21.3% |
| 1996 | 2.1% | +19.9% |
| 1997 | 2.2% | +1.6% |
| 1998 | 2.1% | -5.1% |
| 1999 | 1.7% | -18.3% |
| 2000 | 1.9% | +13.4% |
| 2001 | 1.6% | -17.1% |
| 2002 | 1.8% | +13.6% |
| 2003 | 2.0% | +11.5% |
| 2004 | 2.3% | +15.9% |
| 2005 | 2.5% | +6.2% |
| 2006 | 2.8% | +12.0% |
| 2007 | 3.0% | +7.9% |
| 2008 | 3.1% | +5.9% |
| 2009 | 2.9% | -7.5% |
| 2010 | 3.1% | +7.5% |
| 2011 | 3.3% | +6.0% |
| 2012 | 3.4% | +2.7% |
| 2013 | 3.5% | +2.3% |
| 2014 | 3.2% | -8.7% |
| 2015 | 3.0% | -5.2% |
| 2016 | 3.0% | -1.5% |
| 2017 | 3.0% | +1.9% |
| 2018 | 2.9% | -5.4% |
| 2019 | 2.9% | +0.4% |
| 2020 | 3.0% | +5.8% |
| 2021 | 3.0% | -1.0% |
| 2022 | 3.1% | +4.7% |
| 2023 | 3.6% | +15.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6% | 0.4% | 0.8% | 10 |
| 1970s | 0.7% | 0.5% | 0.9% | 10 |
| 1980s | 0.7% | 0.6% | 0.8% | 10 |
| 1990s | 1.6% | 0.9% | 2.2% | 10 |
| 2000s | 2.4% | 1.6% | 3.1% | 10 |
| 2010s | 3.1% | 2.9% | 3.5% | 10 |
| 2020s | 3.2% | 3.0% | 3.6% | 4 |
Countries ranked near European Union
More private sector data for European Union
- Merchandise trade 70.9% (2025)
- Food imports 11.3% (2025)
- Manufactures imports 71.5% (2025)
- Merchandise imports 7.41 trillion current US$ (2025)
- Commercial service imports 3.21 trillion current US$ (2025)
- Food exports 11.4% (2025)
- Manufactures exports 76.5% (2025)
- Merchandise exports 7.66 trillion current US$ (2025)
- Commercial service exports 3.58 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 16,988 current US$ per person (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in europe & in European Union?
- Merchandise exports to low- and middle-income economies in europe & in European Union was 3.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in europe & recorded in European Union?
- The highest recorded value was 3.6% in 2023.
- What is the lowest merchandise exports to low- and middle-income economies in europe & recorded in European Union?
- The lowest recorded value was 0.4% in 1964.
- How does European Union rank for merchandise exports to low- and middle-income economies in europe &?
- European Union ranks 12th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in europe & rising or falling in European Union?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is volatile.
- Where does this European Union 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 Europe & Central Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central 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.