Merchandise exports to low- and middle-income economies outside region in South Asia

South Asia: 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, 1960–2023

51015202530196019912023

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

Analysis

South Asia recorded 27.2% for merchandise exports to low- and middle-income economies outside region in 2023.

The figure 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 peaked at 29.3% in 2014 and was at its lowest, 6.9%, in 1989.

South Asia 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, year by year

Annual values for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in South Asia, 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 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

  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

All data for South Asia →

Frequently asked questions

What is merchandise exports to low- and middle-income economies outside region in South Asia?
Merchandise exports to low- and middle-income economies outside region in South Asia 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?
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?
The lowest recorded value was 6.9% in 1989.
How does South Asia rank for merchandise exports to low- and middle-income economies outside region?
South Asia 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?
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 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. 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/

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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.