Merchandise exports to low- and middle-income economies in Europe & in India
India: Merchandise exports to low- and middle-income economies in Europe & was 2.4% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Europe & in India, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
India recorded 2.4% for merchandise exports to low- and middle-income economies in europe & in 2023.
The figure is down 6.4% on the previous year and up 35.0% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in europe & in India peaked at 2.6% in 2022 and was at its lowest, 0.0%, in 1970.
That places India 63rd out of 204 countries with data for 2023, putting it in the middle of the range.
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 Europe & in India, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.5% | — |
| 1961 | 0.6% | +17.1% |
| 1962 | 0.8% | +22.6% |
| 1963 | 0.6% | -25.9% |
| 1964 | 0.2% | -70.3% |
| 1965 | 0.2% | +27.8% |
| 1966 | 0.1% | -67.8% |
| 1967 | 0.0% | -34.2% |
| 1968 | 0.1% | +53.6% |
| 1969 | 0.1% | +101.8% |
| 1970 | 0.0% | -83.3% |
| 1971 | 0.2% | +668.9% |
| 1972 | 0.4% | +102.4% |
| 1973 | 0.2% | -41.3% |
| 1974 | 0.3% | +28.0% |
| 1975 | 0.2% | -42.8% |
| 1976 | 0.4% | +132.1% |
| 1977 | 0.2% | -46.6% |
| 1978 | 0.1% | -56.9% |
| 1979 | 0.1% | -11.9% |
| 1980 | 0.1% | +22.4% |
| 1981 | 0.0% | -67.8% |
| 1982 | 0.0% | +26.9% |
| 1983 | 0.1% | +103.6% |
| 1984 | 0.1% | -29.7% |
| 1985 | 0.1% | +83.2% |
| 1986 | 0.3% | +223.3% |
| 1987 | 0.2% | -25.3% |
| 1988 | 0.2% | -3.8% |
| 1989 | 0.3% | +19.4% |
| 1990 | 0.3% | +27.8% |
| 1991 | 0.4% | +2.2% |
| 1992 | 0.5% | +48.0% |
| 1993 | 1.0% | +97.9% |
| 1994 | 0.7% | -34.1% |
| 1995 | 0.9% | +26.1% |
| 1996 | 0.9% | +8.5% |
| 1997 | 1.0% | +7.5% |
| 1998 | 0.9% | -12.2% |
| 1999 | 0.8% | -6.5% |
| 2000 | 1.1% | +34.7% |
| 2001 | 0.9% | -17.5% |
| 2002 | 1.1% | +19.1% |
| 2003 | 1.4% | +23.1% |
| 2004 | 1.4% | +6.9% |
| 2005 | 1.5% | +2.6% |
| 2006 | 1.5% | +2.0% |
| 2007 | 1.6% | +3.7% |
| 2008 | 1.3% | -14.2% |
| 2009 | 1.2% | -9.4% |
| 2010 | 1.6% | +32.7% |
| 2011 | 1.7% | +3.9% |
| 2012 | 1.7% | +3.3% |
| 2013 | 1.8% | +4.5% |
| 2014 | 2.2% | +23.6% |
| 2015 | 2.0% | -8.9% |
| 2016 | 2.1% | +2.7% |
| 2017 | 2.0% | -3.3% |
| 2018 | 2.1% | +1.4% |
| 2019 | 2.1% | +1.0% |
| 2020 | 1.9% | -6.9% |
| 2021 | 2.3% | +17.3% |
| 2022 | 2.6% | +15.1% |
| 2023 | 2.4% | -6.4% |
India compared with similar countries
- India's 2.4% is above the median for lower middle income countries, which is 0.6%, 4.3× the median. (46 countries reporting)
- India's 2.4% is above the median for South Asia, which is 1.1%, 2.2× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Europe & in India 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 |
|---|---|---|---|
| 1971 | +668.9% | 0.0% | 0.2% |
| 1986 | +223.3% | 0.1% | 0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3% | 0.0% | 0.8% | 10 |
| 1970s | 0.2% | 0.0% | 0.4% | 10 |
| 1980s | 0.1% | 0.0% | 0.3% | 10 |
| 1990s | 0.7% | 0.3% | 1.0% | 10 |
| 2000s | 1.3% | 0.9% | 1.6% | 10 |
| 2010s | 1.9% | 1.6% | 2.2% | 10 |
| 2020s | 2.3% | 1.9% | 2.6% | 4 |
Countries ranked near India
- 60 South Korea 2.5% compare
- 61 Luxembourg 2.5% compare
- 62 Malawi 2.5% compare
- 64 Marshall Islands 2.4% compare
- 65 Pakistan 2.1% compare
- 66 Sudan 2.1% compare
More private sector data for India
- Merchandise trade 30.3% (2025)
- Food imports 5.1% (2024)
- Manufactures imports 46.5% (2024)
- Merchandise imports 753.48 billion current US$ (2025)
- Food exports 11.1% (2024)
- Manufactures exports 67.1% (2024)
- Merchandise exports 445.28 billion current US$ (2025)
- Merchandise exports (current US$), per capita 304.18 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1126 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 0.5401 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in europe & in India?
- Merchandise exports to low- and middle-income economies in europe & in India was 2.4% 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 India?
- The highest recorded value was 2.6% in 2022.
- What is the lowest merchandise exports to low- and middle-income economies in europe & recorded in India?
- The lowest recorded value was 0.0% in 1970.
- How does India rank for merchandise exports to low- and middle-income economies in europe &?
- India ranks 63rd out of 204 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in europe & rising or falling in India?
- Over the last ten years it is up 35.0%. The long-run trend across the full record is volatile.
- Where does this India 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.
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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.