Merchandise exports to low- and middle-income economies outside region in India
India: Merchandise exports to low- and middle-income economies outside region was 29.5% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies outside region in India, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
India recorded 29.5% for merchandise exports to low- and middle-income economies outside region in 2023.
The figure is down 3.2% on the previous year and down 3.5% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies outside region in India peaked at 31.8% in 2020 and was at its lowest, 5.2%, in 1989.
India ranks 41st of 206 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 outside region in India, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 16.1% | — |
| 1961 | 16.3% | +1.3% |
| 1962 | 16.0% | -2.3% |
| 1963 | 13.3% | -16.8% |
| 1964 | 13.4% | +1.1% |
| 1965 | 14.7% | +9.8% |
| 1966 | 13.8% | -6.3% |
| 1967 | 12.9% | -7.0% |
| 1968 | 13.3% | +3.2% |
| 1969 | 14.9% | +12.7% |
| 1970 | 18.4% | +23.0% |
| 1971 | 18.0% | -2.1% |
| 1972 | 14.3% | -20.7% |
| 1973 | 10.8% | -24.4% |
| 1974 | 19.9% | +84.3% |
| 1975 | 26.1% | +31.0% |
| 1976 | 17.9% | -31.3% |
| 1977 | 16.8% | -6.0% |
| 1978 | 17.0% | +0.9% |
| 1979 | 15.7% | -7.7% |
| 1980 | 16.6% | +5.9% |
| 1981 | 18.7% | +12.8% |
| 1982 | 13.6% | -27.3% |
| 1983 | 12.3% | -9.5% |
| 1984 | 10.0% | -18.7% |
| 1985 | 9.0% | -10.1% |
| 1986 | 7.5% | -16.6% |
| 1987 | 7.0% | -6.2% |
| 1988 | 7.5% | +6.3% |
| 1989 | 5.2% | -30.5% |
| 1990 | 9.2% | +77.0% |
| 1991 | 11.4% | +23.4% |
| 1992 | 13.4% | +18.3% |
| 1993 | 14.7% | +9.5% |
| 1994 | 12.6% | -14.6% |
| 1995 | 14.8% | +17.8% |
| 1996 | 16.5% | +11.0% |
| 1997 | 16.0% | -2.8% |
| 1998 | 14.8% | -7.6% |
| 1999 | 14.4% | -2.6% |
| 2000 | 16.6% | +15.2% |
| 2001 | 19.8% | +19.1% |
| 2002 | 21.5% | +8.9% |
| 2003 | 22.1% | +2.7% |
| 2004 | 23.9% | +8.3% |
| 2005 | 24.5% | +2.2% |
| 2006 | 26.4% | +8.0% |
| 2007 | 28.5% | +7.8% |
| 2008 | 27.1% | -4.9% |
| 2009 | 26.9% | -0.5% |
| 2010 | 29.5% | +9.7% |
| 2011 | 28.2% | -4.6% |
| 2012 | 29.0% | +2.8% |
| 2013 | 30.6% | +5.5% |
| 2014 | 31.3% | +2.5% |
| 2015 | 28.4% | -9.3% |
| 2016 | 27.0% | -5.1% |
| 2017 | 28.1% | +4.2% |
| 2018 | 29.2% | +3.9% |
| 2019 | 30.2% | +3.3% |
| 2020 | 31.8% | +5.4% |
| 2021 | 30.9% | -2.9% |
| 2022 | 30.5% | -1.4% |
| 2023 | 29.5% | -3.2% |
India compared with similar countries
- India's 29.5% is above the median for lower middle income countries, which is 19.4%, 1.5× the median. (47 countries reporting)
- India's 29.5% is above the median for South Asia, which is 11.2%, 2.6× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies outside region 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 |
|---|---|---|---|
| 1974 | +84.3% | 10.8% | 19.9% |
| 1990 | +77.0% | 5.2% | 9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.5% | 12.9% | 16.3% | 10 |
| 1970s | 17.5% | 10.8% | 26.1% | 10 |
| 1980s | 10.8% | 5.2% | 18.7% | 10 |
| 1990s | 13.8% | 9.2% | 16.5% | 10 |
| 2000s | 23.7% | 16.6% | 28.5% | 10 |
| 2010s | 29.1% | 27.0% | 31.3% | 10 |
| 2020s | 30.7% | 29.5% | 31.8% | 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 outside region in India?
- Merchandise exports to low- and middle-income economies outside region in India was 29.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies outside region recorded in India?
- The highest recorded value was 31.8% in 2020.
- What is the lowest merchandise exports to low- and middle-income economies outside region recorded in India?
- The lowest recorded value was 5.2% in 1989.
- How does India rank for merchandise exports to low- and middle-income economies outside region?
- India ranks 41st out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies outside region rising or falling in India?
- Over the last ten years it is down 3.5%. 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 outside region (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed 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.