Merchandise exports to low- and middle-income economies in South Asia in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Merchandise exports to low- and middle-income economies in South Asia was 6.8% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in South Asia in Heavily indebted poor countries (HIPC), 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 south asia in Heavily indebted poor countries (HIPC) stood at 6.8%.
The figure is down 21.4% on the previous year and up 91.1% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in south asia in Heavily indebted poor countries (HIPC) peaked at 9.0% in 2018 and was at its lowest, 1.0%, in 1985.
That places Heavily indebted poor countries (HIPC) 7th 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 South Asia in Heavily indebted poor countries (HIPC), year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 4.2% | — |
| 1961 | 3.7% | -13.2% |
| 1962 | 4.3% | +17.0% |
| 1963 | 2.9% | -31.8% |
| 1964 | 3.1% | +4.9% |
| 1965 | 2.4% | -23.7% |
| 1966 | 2.2% | -8.2% |
| 1967 | 2.3% | +4.1% |
| 1968 | 2.0% | -10.7% |
| 1969 | 2.1% | +4.2% |
| 1970 | 2.3% | +10.2% |
| 1971 | 2.6% | +12.7% |
| 1972 | 3.2% | +23.4% |
| 1973 | 2.2% | -31.4% |
| 1974 | 1.7% | -21.9% |
| 1975 | 1.3% | -23.3% |
| 1976 | 1.7% | +28.9% |
| 1977 | 1.5% | -9.0% |
| 1978 | 1.6% | +2.7% |
| 1979 | 1.6% | +3.8% |
| 1980 | 1.3% | -19.4% |
| 1981 | 1.7% | +28.9% |
| 1982 | 1.4% | -19.6% |
| 1983 | 1.2% | -9.5% |
| 1984 | 1.1% | -12.6% |
| 1985 | 1.0% | -9.1% |
| 1986 | 1.9% | +93.7% |
| 1987 | 2.1% | +7.6% |
| 1988 | 1.4% | -33.4% |
| 1989 | 1.7% | +25.6% |
| 1990 | 2.1% | +23.8% |
| 1991 | 2.8% | +28.7% |
| 1992 | 1.9% | -31.7% |
| 1993 | 2.4% | +25.0% |
| 1994 | 2.6% | +11.2% |
| 1995 | 2.8% | +5.3% |
| 1996 | 2.4% | -11.5% |
| 1997 | 2.4% | -2.5% |
| 1998 | 2.4% | +1.9% |
| 1999 | 2.8% | +15.5% |
| 2000 | 3.4% | +20.8% |
| 2001 | 2.7% | -20.0% |
| 2002 | 2.9% | +7.3% |
| 2003 | 4.1% | +42.5% |
| 2004 | 2.9% | -29.4% |
| 2005 | 2.7% | -6.4% |
| 2006 | 2.1% | -24.6% |
| 2007 | 2.2% | +9.2% |
| 2008 | 2.6% | +17.0% |
| 2009 | 2.3% | -12.8% |
| 2010 | 2.0% | -11.7% |
| 2011 | 2.3% | +13.8% |
| 2012 | 2.5% | +9.8% |
| 2013 | 3.5% | +39.9% |
| 2014 | 4.6% | +29.2% |
| 2015 | 7.5% | +63.1% |
| 2016 | 6.2% | -16.2% |
| 2017 | 8.6% | +37.4% |
| 2018 | 9.0% | +4.7% |
| 2019 | 8.6% | -4.7% |
| 2020 | 5.8% | -32.5% |
| 2021 | 8.2% | +41.6% |
| 2022 | 8.6% | +5.0% |
| 2023 | 6.8% | -21.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.9% | 2.0% | 4.3% | 10 |
| 1970s | 2.0% | 1.3% | 3.2% | 10 |
| 1980s | 1.5% | 1.0% | 2.1% | 10 |
| 1990s | 2.5% | 1.9% | 2.8% | 10 |
| 2000s | 2.8% | 2.1% | 4.1% | 10 |
| 2010s | 5.5% | 2.0% | 9.0% | 10 |
| 2020s | 7.3% | 5.8% | 8.6% | 4 |
Countries ranked near Heavily indebted poor countries (HIPC)
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 south asia in Heavily indebted poor countries (HIPC)?
- Merchandise exports to low- and middle-income economies in south asia in Heavily indebted poor countries (HIPC) was 6.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in south asia recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 9.0% in 2018.
- What is the lowest merchandise exports to low- and middle-income economies in south asia recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 1.0% in 1985.
- How does Heavily indebted poor countries (HIPC) rank for merchandise exports to low- and middle-income economies in south asia?
- Heavily indebted poor countries (HIPC) ranks 7th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in south asia rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 91.1%. 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 South 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 South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South 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.