Merchandise exports to low- and middle-income economies in South Asia in India

India: Merchandise exports to low- and middle-income economies in South Asia was 5.7% in 2023. ▲ Rising

Latest (2023)
5.7%
Change on year
down 18.6%
World rank
39th
of 205 countries
All-time high
9.9%
in 1973
All-time low
3.5%
in 1982
Years of data
64
1960–2023

Merchandise exports to low- and middle-income economies in South Asia in India, 1960–2023

0246810196019912023

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

Analysis

India recorded 5.7% for merchandise exports to low- and middle-income economies in south asia in 2023.

Compared with earlier readings it is down 18.6% on the previous year and up 4.9% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in south asia in India peaked at 9.9% in 1973 and was at its lowest, 3.5%, in 1982.

India ranks 39th of 205 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 64 years of available data.

Merchandise exports to low- and middle-income economies in South Asia in India, year by year

Annual values for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in India, 1960 to 2023.
Year % of total merchandise exports Change
1960 6.1%
1961 5.3% -12.3%
1962 5.2% -1.8%
1963 4.8% -8.0%
1964 6.4% +33.8%
1965 6.3% -2.0%
1966 5.9% -7.0%
1967 4.3% -26.7%
1968 4.8% +12.4%
1969 5.8% +20.0%
1970 5.8% +0.4%
1971 5.2% -11.4%
1972 8.3% +60.2%
1973 9.9% +20.1%
1974 5.0% -49.8%
1975 5.3% +6.4%
1976 4.2% -20.1%
1977 4.6% +7.9%
1978 5.4% +18.3%
1979 5.2% -3.5%
1980 4.9% -5.1%
1981 4.5% -8.7%
1982 3.5% -21.7%
1983 3.6% +2.9%
1984 5.2% +41.4%
1985 4.6% -11.6%
1986 4.1% -10.0%
1987 3.7% -9.6%
1988 3.7% -0.5%
1989 3.6% -1.5%
1990 4.1% +13.0%
1991 4.3% +4.4%
1992 4.3% +0.6%
1993 4.3% +0.2%
1994 4.5% +5.1%
1995 5.5% +22.0%
1996 5.4% -1.9%
1997 4.8% -10.7%
1998 5.0% +3.6%
1999 4.2% -16.8%
2000 4.4% +6.2%
2001 4.9% +10.5%
2002 5.2% +7.0%
2003 6.4% +23.0%
2004 5.9% -8.6%
2005 5.4% -7.9%
2006 5.2% -4.4%
2007 5.8% +11.0%
2008 5.2% -10.1%
2009 4.6% -10.2%
2010 5.1% +9.1%
2011 4.7% -6.9%
2012 5.1% +7.6%
2013 5.4% +7.1%
2014 6.5% +19.7%
2015 6.7% +3.0%
2016 6.5% -2.5%
2017 6.9% +5.8%
2018 7.7% +11.8%
2019 7.0% -9.9%
2020 6.9% -1.5%
2021 7.8% +13.5%
2022 7.0% -10.1%
2023 5.7% -18.6%

India compared with similar countries

  • India's 5.7% is above the median for lower middle income countries, which is 2.6%, 2.2× the median. (47 countries reporting)
  • India's 5.7% is below the median for South Asia, which is 8.2%, 70% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 5.5% 4.3% 6.4% 10
1970s 5.9% 4.2% 9.9% 10
1980s 4.1% 3.5% 5.2% 10
1990s 4.7% 4.1% 5.5% 10
2000s 5.3% 4.4% 6.4% 10
2010s 6.2% 4.7% 7.7% 10
2020s 6.8% 5.7% 7.8% 4

Countries ranked near India

  1. 36 Ethiopia 6.3% compare
  2. 37 Maldives 6.1% compare
  3. 38 Mali 5.7% compare
  4. 40 South Africa 5.4% compare
  5. 41 Panama 5.3% compare
  6. 42 Australia 5.2% compare

See the full ranking of 252 places →

More private sector data for India

All data for India →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in south asia in India?
Merchandise exports to low- and middle-income economies in south asia in India was 5.7% 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 India?
The highest recorded value was 9.9% in 1973.
What is the lowest merchandise exports to low- and middle-income economies in south asia recorded in India?
The lowest recorded value was 3.5% in 1982.
How does India rank for merchandise exports to low- and middle-income economies in south asia?
India ranks 39th out of 205 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in south asia rising or falling in India?
Over the last ten years it is up 4.9%. The long-run trend across the full record is rising.
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 South Asia (% 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 South Asia in India. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-south-asia-percent-of-total/india/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in South Asia (% 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
252 places, 11,638 data points, 1960–2023
Last refreshed

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.