Merchandise exports to low- and middle-income economies outside region in Singapore
Singapore: Merchandise exports to low- and middle-income economies outside region was 7.5% in 2023. ▼ Falling
Merchandise exports to low- and middle-income economies outside region in Singapore, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Singapore recorded 7.5% for merchandise exports to low- and middle-income economies outside region in 2023.
That represents a change of up 4.4% on the previous year and down 2.0% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies outside region in Singapore peaked at 21.0% in 1962 and was at its lowest, 4.7%, in 1994.
That places Singapore 120th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 59 years of available data.
Merchandise exports to low- and middle-income economies outside region in Singapore, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 18.3% | — |
| 1962 | 21.0% | +14.9% |
| 1963 | 16.0% | -23.8% |
| 1968 | 6.3% | -60.7% |
| 1969 | 5.4% | -14.4% |
| 1970 | 5.6% | +4.6% |
| 1971 | 5.4% | -4.0% |
| 1972 | 5.5% | +1.2% |
| 1973 | 6.1% | +12.4% |
| 1974 | 6.8% | +11.0% |
| 1975 | 6.8% | +0.3% |
| 1976 | 6.9% | +1.5% |
| 1977 | 8.5% | +22.3% |
| 1978 | 10.6% | +25.1% |
| 1979 | 9.7% | -8.8% |
| 1980 | 11.8% | +22.3% |
| 1981 | 10.9% | -7.7% |
| 1982 | 11.0% | +0.9% |
| 1983 | 10.8% | -2.5% |
| 1984 | 10.7% | -0.6% |
| 1985 | 10.8% | +0.7% |
| 1986 | 10.0% | -6.8% |
| 1987 | 7.5% | -25.2% |
| 1988 | 7.0% | -7.3% |
| 1989 | 6.7% | -4.1% |
| 1990 | 7.1% | +5.8% |
| 1991 | 6.5% | -7.8% |
| 1992 | 6.4% | -2.4% |
| 1993 | 5.5% | -14.1% |
| 1994 | 4.7% | -13.9% |
| 1995 | 5.2% | +10.5% |
| 1996 | 5.4% | +3.1% |
| 1997 | 5.4% | +1.4% |
| 1998 | 6.4% | +16.8% |
| 1999 | 6.1% | -4.0% |
| 2000 | 6.0% | -1.8% |
| 2001 | 6.2% | +4.4% |
| 2002 | 6.0% | -4.0% |
| 2003 | 5.2% | -12.9% |
| 2004 | 5.4% | +3.9% |
| 2005 | 6.0% | +9.7% |
| 2006 | 6.5% | +8.9% |
| 2007 | 7.0% | +7.9% |
| 2008 | 8.1% | +15.2% |
| 2009 | 7.9% | -2.1% |
| 2010 | 8.3% | +4.7% |
| 2011 | 7.5% | -9.2% |
| 2012 | 7.0% | -6.4% |
| 2013 | 7.7% | +9.8% |
| 2014 | 7.6% | -1.7% |
| 2015 | 7.4% | -1.8% |
| 2016 | 6.8% | -8.1% |
| 2017 | 7.0% | +2.0% |
| 2018 | 7.0% | +0.3% |
| 2019 | 6.9% | -1.8% |
| 2020 | 5.7% | -16.8% |
| 2021 | 6.6% | +14.8% |
| 2022 | 7.2% | +10.3% |
| 2023 | 7.5% | +4.4% |
Singapore compared with similar countries
- Singapore's 7.5% is below the median for high income countries, which is 9.2%, 82% of the median. (74 countries reporting)
- Singapore's 7.5% is above the median for East Asia & Pacific, which is 4.1%, 1.8× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.4% | 5.4% | 21.0% | 5 |
| 1970s | 7.2% | 5.4% | 10.6% | 10 |
| 1980s | 9.7% | 6.7% | 11.8% | 10 |
| 1990s | 5.9% | 4.7% | 7.1% | 10 |
| 2000s | 6.4% | 5.2% | 8.1% | 10 |
| 2010s | 7.3% | 6.8% | 8.3% | 10 |
| 2020s | 6.8% | 5.7% | 7.5% | 4 |
Countries ranked near Singapore
More private sector data for Singapore
- Merchandise trade 177.6% (2025)
- Food imports 3.7% (2024)
- Manufactures imports 70.9% (2024)
- Merchandise imports 505.84 billion current US$ (2025)
- Food exports 2.8% (2024)
- Manufactures exports 74.5% (2024)
- Merchandise exports 566.87 billion current US$ (2025)
- Merchandise exports (current US$), per capita 92,760 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.9387 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 12.11 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies outside region in Singapore?
- Merchandise exports to low- and middle-income economies outside region in Singapore was 7.5% 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 Singapore?
- The highest recorded value was 21.0% in 1962.
- What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Singapore?
- The lowest recorded value was 4.7% in 1994.
- How does Singapore rank for merchandise exports to low- and middle-income economies outside region?
- Singapore ranks 120th out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies outside region rising or falling in Singapore?
- Over the last ten years it is down 2.0%. The long-run trend across the full record is falling.
- 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 outside region (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.