Merchandise exports to low- and middle-income economies in Latin in India
India: Merchandise exports to low- and middle-income economies in Latin was 4.1% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in India, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in latin in India is 4.1%, measured in 2023.
Compared with earlier readings it is down 9.9% on the previous year and up 16.7% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in India peaked at 4.6% in 2022 and was at its lowest, 0.1%, in 1983.
India ranks 38th of 203 countries 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 to low- and middle-income economies in Latin in India, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 2.7% | — |
| 1961 | 2.2% | -16.6% |
| 1962 | 2.8% | +28.3% |
| 1963 | 2.4% | -16.3% |
| 1964 | 2.1% | -11.7% |
| 1965 | 1.6% | -21.9% |
| 1966 | 0.7% | -59.4% |
| 1967 | 0.4% | -39.2% |
| 1968 | 0.3% | -32.2% |
| 1969 | 0.3% | -4.5% |
| 1970 | 0.4% | +60.1% |
| 1971 | 0.9% | +105.9% |
| 1972 | 0.4% | -49.1% |
| 1973 | 0.3% | -23.4% |
| 1974 | 0.8% | +127.5% |
| 1975 | 0.4% | -47.9% |
| 1976 | 0.2% | -41.1% |
| 1977 | 0.2% | -13.2% |
| 1978 | 0.2% | +4.3% |
| 1979 | 0.2% | +5.2% |
| 1980 | 0.4% | +79.9% |
| 1981 | 0.3% | -37.8% |
| 1982 | 0.2% | -31.3% |
| 1983 | 0.1% | -39.7% |
| 1984 | 0.1% | +23.9% |
| 1985 | 0.2% | +56.3% |
| 1986 | 0.2% | +20.8% |
| 1987 | 0.2% | -25.9% |
| 1988 | 0.4% | +113.1% |
| 1989 | 0.3% | -28.8% |
| 1990 | 0.4% | +51.8% |
| 1991 | 0.5% | +27.3% |
| 1992 | 0.6% | +22.9% |
| 1993 | 0.8% | +30.9% |
| 1994 | 1.0% | +20.1% |
| 1995 | 0.9% | -16.1% |
| 1996 | 1.0% | +14.5% |
| 1997 | 1.2% | +23.0% |
| 1998 | 1.3% | +7.2% |
| 1999 | 1.3% | +0.6% |
| 2000 | 1.6% | +23.1% |
| 2001 | 1.7% | +9.1% |
| 2002 | 1.9% | +10.6% |
| 2003 | 1.5% | -19.8% |
| 2004 | 2.1% | +34.9% |
| 2005 | 2.4% | +16.2% |
| 2006 | 2.6% | +8.3% |
| 2007 | 3.0% | +13.2% |
| 2008 | 3.0% | +0.3% |
| 2009 | 2.2% | -25.1% |
| 2010 | 2.9% | +29.8% |
| 2011 | 3.2% | +12.1% |
| 2012 | 3.7% | +14.6% |
| 2013 | 3.5% | -4.8% |
| 2014 | 4.3% | +22.8% |
| 2015 | 3.6% | -17.0% |
| 2016 | 3.5% | -3.1% |
| 2017 | 3.6% | +2.3% |
| 2018 | 3.6% | +1.4% |
| 2019 | 3.7% | +2.6% |
| 2020 | 3.8% | +2.8% |
| 2021 | 4.1% | +8.0% |
| 2022 | 4.6% | +10.9% |
| 2023 | 4.1% | -9.9% |
India compared with similar countries
- India's 4.1% is above the median for lower middle income countries, which is 0.3%, 15.1× the median. (46 countries reporting)
- India's 4.1% is above the median for South Asia, which is 0.9%, 4.6× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.5% | 0.3% | 2.8% | 10 |
| 1970s | 0.4% | 0.2% | 0.9% | 10 |
| 1980s | 0.2% | 0.1% | 0.4% | 10 |
| 1990s | 0.9% | 0.4% | 1.3% | 10 |
| 2000s | 2.2% | 1.5% | 3.0% | 10 |
| 2010s | 3.6% | 2.9% | 4.3% | 10 |
| 2020s | 4.2% | 3.8% | 4.6% | 4 |
Countries ranked near India
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 latin in India?
- Merchandise exports to low- and middle-income economies in latin in India was 4.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in India?
- The highest recorded value was 4.6% in 2022.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in India?
- The lowest recorded value was 0.1% in 1983.
- How does India rank for merchandise exports to low- and middle-income economies in latin?
- India ranks 38th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in India?
- Over the last ten years it is up 16.7%. 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 Latin America & the Caribbean (% 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 Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.