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

Singapore: Merchandise exports to low- and middle-income economies in South Asia was 4.3% in 2023. ◆ Volatile

Latest (2023)
4.3%
Change on year
up 4.1%
World rank
54th
of 205 countries
All-time high
13.4%
in 1962
All-time low
1.3%
in 1968
Years of data
59
1960–2023

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

2.557.51012.5196019912023

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 south asia in Singapore is 4.3%, measured in 2023.

The figure is up 4.1% on the previous year and up 3.5% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in south asia in Singapore peaked at 13.4% in 1962 and was at its lowest, 1.3%, in 1968.

That places Singapore 54th out of 205 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 South Asia in Singapore, year by year

Annual values for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in Singapore, 1960 to 2023.
Year % of total merchandise exports Change
1960 13.0%
1962 13.4% +3.3%
1963 10.1% -24.8%
1968 1.3% -87.0%
1969 1.6% +25.2%
1970 1.7% +2.7%
1971 1.3% -20.6%
1972 1.8% +30.7%
1973 2.0% +15.4%
1974 1.8% -11.0%
1975 2.4% +35.6%
1976 2.0% -18.6%
1977 3.2% +59.7%
1978 5.3% +67.5%
1979 5.0% -6.8%
1980 5.9% +18.3%
1981 5.9% +0.6%
1982 5.9% -0.3%
1983 5.2% -12.1%
1984 6.0% +15.9%
1985 6.0% -0.3%
1986 5.0% -15.7%
1987 4.5% -10.4%
1988 4.2% -6.1%
1989 4.3% +1.9%
1990 4.4% +1.8%
1991 3.6% -17.3%
1992 3.4% -6.9%
1993 2.9% -15.4%
1994 2.6% -7.3%
1995 2.8% +7.6%
1996 3.0% +4.3%
1997 3.0% +1.2%
1998 3.8% +25.4%
1999 3.6% -3.8%
2000 3.4% -6.0%
2001 3.7% +9.2%
2002 3.5% -6.9%
2003 3.1% -11.7%
2004 3.2% +3.9%
2005 3.6% +11.9%
2006 3.9% +8.9%
2007 4.3% +11.4%
2008 4.7% +8.3%
2009 4.7% -0.5%
2010 5.1% +9.0%
2011 5.0% -2.2%
2012 3.9% -21.5%
2013 4.2% +7.4%
2014 4.4% +3.9%
2015 4.5% +3.6%
2016 4.5% -0.9%
2017 4.7% +4.3%
2018 4.6% -1.7%
2019 4.4% -4.0%
2020 3.8% -13.4%
2021 4.2% +9.6%
2022 4.2% -0.2%
2023 4.3% +4.1%

Singapore compared with similar countries

  • Singapore's 4.3% is above the median for high income countries, which is 0.7%, 6.3× the median. (73 countries reporting)
  • Singapore's 4.3% is above the median for East Asia & Pacific, which is 0.9%, 4.9× the median. (36 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies in South Asia in Singapore 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.

YearChange FromTo
1968 -87.0% 10.1% 1.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 7.9% 1.3% 13.4% 5
1970s 2.6% 1.3% 5.3% 10
1980s 5.3% 4.2% 6.0% 10
1990s 3.3% 2.6% 4.4% 10
2000s 3.8% 3.1% 4.7% 10
2010s 4.5% 3.9% 5.1% 10
2020s 4.1% 3.8% 4.3% 4

Countries ranked near Singapore

  1. 51 Burundi 4.6% compare
  2. 52 Bangladesh 4.5% compare
  3. 53 Thailand 4.4% compare
  4. 55 Switzerland 4.1% compare
  5. 56 Israel 4.1% compare
  6. 57 Hong Kong 4.0% compare

See the full ranking of 252 places →

More private sector data for Singapore

All data for Singapore →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in south asia in Singapore?
Merchandise exports to low- and middle-income economies in south asia in Singapore was 4.3% 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 Singapore?
The highest recorded value was 13.4% in 1962.
What is the lowest merchandise exports to low- and middle-income economies in south asia recorded in Singapore?
The lowest recorded value was 1.3% in 1968.
How does Singapore rank for merchandise exports to low- and middle-income economies in south asia?
Singapore ranks 54th out of 205 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in south asia rising or falling in Singapore?
Over the last ten years it is up 3.5%. The long-run trend across the full record is volatile.
Where does this Singapore 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 Singapore. 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/singapore/

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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.