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

Latest (2023)
29.5%
Change on year
down 3.2%
World rank
41st
of 206 countries
All-time high
31.8%
in 2020
All-time low
5.2%
in 1989
Years of data
64
1960–2023

Merchandise exports to low- and middle-income economies outside region in India, 1960–2023

102030196019912023

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

Annual values for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in India, 1960 to 2023.
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.

YearChange FromTo
1974 +84.3% 10.8% 19.9%
1990 +77.0% 5.2% 9.2%

Averages by decade

DecadeAverage LowestHighest 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

  1. 38 Guinea-Bissau 30.6% compare
  2. 39 Uruguay 30.6% compare
  3. 40 Togo 30.4% compare
  4. 42 Tajikistan 29.1% compare
  5. 43 Palau 28.9% compare
  6. 44 Bermuda 28.2% compare

See the full ranking of 253 places →

More private sector data for India

All data for India →

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

CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Merchandise exports to low- and middle-income economies outside region 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-outside-region-percent-of-total/india/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-outside-region-percent-of-total/india/">Merchandise exports to low- and middle-income economies outside region in India</a> — Statizoid

About this data

Indicator
Merchandise exports to low- and middle-income economies outside region (% 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
253 places, 12,864 data points, 1960–2023
Last refreshed

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.