Merchandise exports to low- and middle-income economies outside region in Small states
Small states: Merchandise exports to low- and middle-income economies outside region was 13.7% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies outside region in Small states, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Small states recorded 13.7% for merchandise exports to low- and middle-income economies outside region in 2023.
That represents a change of up 10.3% on the previous year and up 39.5% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies outside region in Small states peaked at 17.9% in 2018 and was at its lowest, 0.8%, in 1971.
Small states ranks 41st of 47 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies outside region in Small states, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 1.3% | — |
| 1961 | 2.3% | +82.8% |
| 1962 | 1.3% | -44.2% |
| 1963 | 1.2% | -6.6% |
| 1964 | 1.1% | -5.3% |
| 1965 | 1.4% | +21.2% |
| 1966 | 1.3% | -1.6% |
| 1967 | 1.2% | -9.8% |
| 1968 | 1.0% | -20.1% |
| 1969 | 1.4% | +40.9% |
| 1970 | 1.5% | +7.8% |
| 1971 | 0.8% | -45.1% |
| 1972 | 1.1% | +39.8% |
| 1973 | 1.4% | +23.4% |
| 1974 | 2.8% | +101.1% |
| 1975 | 4.3% | +54.2% |
| 1976 | 3.1% | -28.7% |
| 1977 | 2.2% | -28.9% |
| 1978 | 3.2% | +46.7% |
| 1979 | 2.5% | -22.9% |
| 1980 | 3.5% | +41.1% |
| 1981 | 3.2% | -7.9% |
| 1982 | 2.2% | -30.9% |
| 1983 | 2.6% | +15.4% |
| 1984 | 2.3% | -11.3% |
| 1985 | 2.4% | +4.5% |
| 1986 | 2.3% | -2.4% |
| 1987 | 2.3% | +0.3% |
| 1988 | 3.0% | +27.5% |
| 1989 | 2.7% | -8.8% |
| 1990 | 2.7% | +0.5% |
| 1991 | 3.8% | +38.0% |
| 1992 | 3.8% | +0.2% |
| 1993 | 3.2% | -14.7% |
| 1994 | 2.8% | -12.2% |
| 1995 | 2.5% | -12.1% |
| 1996 | 2.3% | -6.4% |
| 1997 | 2.3% | -0.0% |
| 1998 | 3.2% | +35.6% |
| 1999 | 2.3% | -26.2% |
| 2000 | 2.2% | -6.8% |
| 2001 | 2.3% | +6.4% |
| 2002 | 2.3% | +1.1% |
| 2003 | 3.2% | +38.3% |
| 2004 | 4.7% | +45.6% |
| 2005 | 4.2% | -11.0% |
| 2006 | 4.5% | +7.4% |
| 2007 | 4.3% | -3.8% |
| 2008 | 4.4% | +3.2% |
| 2009 | 7.0% | +56.3% |
| 2010 | 9.2% | +32.6% |
| 2011 | 8.3% | -10.1% |
| 2012 | 10.6% | +27.5% |
| 2013 | 9.9% | -6.9% |
| 2014 | 11.6% | +18.1% |
| 2015 | 13.6% | +17.1% |
| 2016 | 14.4% | +5.6% |
| 2017 | 15.1% | +4.9% |
| 2018 | 17.9% | +18.4% |
| 2019 | 14.7% | -17.5% |
| 2020 | 16.1% | +9.5% |
| 2021 | 13.0% | -19.3% |
| 2022 | 12.5% | -4.3% |
| 2023 | 13.7% | +10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.3% | 1.0% | 2.3% | 10 |
| 1970s | 2.3% | 0.8% | 4.3% | 10 |
| 1980s | 2.7% | 2.2% | 3.5% | 10 |
| 1990s | 2.9% | 2.3% | 3.8% | 10 |
| 2000s | 3.9% | 2.2% | 7.0% | 10 |
| 2010s | 12.5% | 8.3% | 17.9% | 10 |
| 2020s | 13.8% | 12.5% | 16.1% | 4 |
Countries ranked near Small states
More private sector data for Small states
- Merchandise trade 70.4% (2025)
- Food imports 16.0% (2024)
- Manufactures imports 60.8% (2024)
- Merchandise imports 141.38 billion current US$ (2025)
- Food exports 19.2% (2024)
- Manufactures exports 43.9% (2024)
- Merchandise exports 100.88 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,958 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2991 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 2.68 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies outside region in Small states?
- Merchandise exports to low- and middle-income economies outside region in Small states was 13.7% 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 Small states?
- The highest recorded value was 17.9% in 2018.
- What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Small states?
- The lowest recorded value was 0.8% in 1971.
- How does Small states rank for merchandise exports to low- and middle-income economies outside region?
- Small states ranks 41st out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies outside region rising or falling in Small states?
- Over the last ten years it is up 39.5%. The long-run trend across the full record is volatile.
- Where does this Small states 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.
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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.