Merchandise exports to low- and middle-income economies outside region in South Asia (IDA & IBRD)

South Asia (IDA & IBRD): Merchandise exports to low- and middle-income economies outside region was 27.2% in 2023. ▲ Rising

Latest (2023)
27.2%
Change on year
down 1.7%
Rank
15th
of 47 groups
All-time high
29.3%
in 2014
All-time low
6.9%
in 1989
Years of data
64
1960–2023

Merchandise exports to low- and middle-income economies outside region in South Asia (IDA & IBRD), 1960–2023

51015202530196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

In 2023, merchandise exports to low- and middle-income economies outside region in South Asia (IDA & IBRD) stood at 27.2%.

Compared with earlier readings it is down 1.7% on the previous year and down 4.8% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies outside region in South Asia (IDA & IBRD) peaked at 29.3% in 2014 and was at its lowest, 6.9%, in 1989.

South Asia (IDA & IBRD) ranks 15th of 47 groups on this measure, in the middle of the range.

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 South Asia (IDA & IBRD), year by year

Annual values for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in South Asia (IDA & IBRD), 1960 to 2023.
Year % of total merchandise exports Change
1960 16.1%
1961 16.1% -0.2%
1962 16.1% +0.2%
1963 13.6% -15.2%
1964 14.1% +3.8%
1965 15.8% +11.4%
1966 15.2% -3.5%
1967 14.2% -6.4%
1968 14.7% +3.0%
1969 17.2% +17.7%
1970 19.8% +15.0%
1971 19.1% -3.7%
1972 16.3% -14.7%
1973 13.0% -20.3%
1974 21.6% +66.0%
1975 28.2% +30.8%
1976 20.0% -29.0%
1977 19.5% -2.8%
1978 19.9% +2.2%
1979 17.8% -10.7%
1980 19.6% +10.1%
1981 21.9% +11.8%
1982 16.2% -25.7%
1983 15.6% -3.9%
1984 14.8% -5.0%
1985 13.6% -8.4%
1986 10.3% -24.3%
1987 9.4% -8.7%
1988 9.7% +3.7%
1989 6.9% -29.4%
1990 10.5% +53.2%
1991 11.7% +11.4%
1992 12.9% +10.0%
1993 13.5% +5.0%
1994 11.9% -12.4%
1995 13.5% +13.9%
1996 15.0% +11.3%
1997 14.7% -2.4%
1998 13.3% -9.4%
1999 12.9% -2.6%
2000 14.5% +11.7%
2001 17.0% +17.5%
2002 19.1% +12.2%
2003 19.7% +3.5%
2004 21.3% +8.2%
2005 22.2% +4.0%
2006 24.0% +8.2%
2007 26.1% +8.7%
2008 25.3% -2.9%
2009 25.0% -1.4%
2010 27.8% +11.2%
2011 26.5% -4.6%
2012 27.3% +3.0%
2013 28.6% +4.9%
2014 29.3% +2.2%
2015 26.2% -10.6%
2016 24.9% -4.6%
2017 26.1% +4.8%
2018 27.0% +3.3%
2019 27.7% +2.6%
2020 29.0% +4.7%
2021 28.3% -2.5%
2022 27.7% -2.1%
2023 27.2% -1.7%

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies outside region in South Asia (IDA & IBRD) 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 +66.0% 13.0% 21.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 15.3% 13.6% 17.2% 10
1970s 19.5% 13.0% 28.2% 10
1980s 13.8% 6.9% 21.9% 10
1990s 13.0% 10.5% 15.0% 10
2000s 21.4% 14.5% 26.1% 10
2010s 27.1% 24.9% 29.3% 10
2020s 28.1% 27.2% 29.0% 4

Countries ranked near South Asia (IDA & IBRD)

  1. 12 Democratic Republic of Congo 59.6% compare
  2. 13 Maldives 58.8% compare
  3. 14 Congo 56.9% compare
  4. 15 Guinea 52.8% compare
  5. 16 South Sudan 51.4% compare
  6. 17 Russia 49.9% compare
  7. 18 Gabon 47.8% compare

See the full ranking of 253 places →

More private sector data for South Asia (IDA & IBRD)

All data for South Asia (IDA & IBRD) →

Frequently asked questions

What is merchandise exports to low- and middle-income economies outside region in South Asia (IDA & IBRD)?
Merchandise exports to low- and middle-income economies outside region in South Asia (IDA & IBRD) was 27.2% 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 South Asia (IDA & IBRD)?
The highest recorded value was 29.3% in 2014.
What is the lowest merchandise exports to low- and middle-income economies outside region recorded in South Asia (IDA & IBRD)?
The lowest recorded value was 6.9% in 1989.
How does South Asia (IDA & IBRD) rank for merchandise exports to low- and middle-income economies outside region?
South Asia (IDA & IBRD) ranks 15th out of 47 groups with data for 2023.
Is merchandise exports to low- and middle-income economies outside region rising or falling in South Asia (IDA & IBRD)?
Over the last ten years it is down 4.8%. The long-run trend across the full record is rising.
Where does this South Asia (IDA & IBRD) 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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Merchandise exports to low- and middle-income economies outside region in South Asia (IDA & IBRD). 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/south-asia-ida-and-ibrd/

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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.