Merchandise exports to low- and middle-income economies within region in India

India: Merchandise exports to low- and middle-income economies within region was 5.7% in 2023. ▲ Rising

Latest (2023)
5.7%
Change on year
down 18.6%
World rank
144th
of 203 countries
All-time high
9.9%
in 1973
All-time low
3.5%
in 1982
Years of data
64
1960–2023

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

0246810196019912023

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

Analysis

In 2023, merchandise exports to low- and middle-income economies within region in India stood at 5.7%.

That represents a change of down 18.6% on the previous year and up 4.9% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies within region in India peaked at 9.9% in 1973 and was at its lowest, 3.5%, in 1982.

That places India 144th out of 203 countries with data for 2023, putting it 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 within region in India, year by year

Annual values for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in India, 1960 to 2023.
Year % of total merchandise exports Change
1960 6.1%
1961 5.3% -12.3%
1962 5.2% -1.8%
1963 4.8% -8.0%
1964 6.4% +33.8%
1965 6.3% -2.0%
1966 5.9% -7.0%
1967 4.3% -26.7%
1968 4.8% +12.4%
1969 5.8% +20.0%
1970 5.8% +0.4%
1971 5.2% -11.4%
1972 8.3% +60.2%
1973 9.9% +20.1%
1974 5.0% -49.8%
1975 5.3% +6.4%
1976 4.2% -20.1%
1977 4.6% +7.9%
1978 5.4% +18.3%
1979 5.2% -3.5%
1980 4.9% -5.1%
1981 4.5% -8.7%
1982 3.5% -21.7%
1983 3.6% +2.9%
1984 5.2% +41.4%
1985 4.6% -11.6%
1986 4.1% -10.0%
1987 3.7% -9.6%
1988 3.7% -0.5%
1989 3.6% -1.5%
1990 4.1% +13.0%
1991 4.3% +4.4%
1992 4.3% +0.6%
1993 4.3% +0.2%
1994 4.5% +5.1%
1995 5.5% +22.0%
1996 5.4% -1.9%
1997 4.8% -10.7%
1998 5.0% +3.6%
1999 4.2% -16.8%
2000 4.4% +6.2%
2001 4.9% +10.5%
2002 5.2% +7.0%
2003 6.4% +23.0%
2004 5.9% -8.6%
2005 5.4% -7.9%
2006 5.2% -4.4%
2007 5.8% +11.0%
2008 5.2% -10.1%
2009 4.6% -10.2%
2010 5.1% +9.1%
2011 4.7% -6.9%
2012 5.1% +7.6%
2013 5.4% +7.1%
2014 6.5% +19.7%
2015 6.7% +3.0%
2016 6.5% -2.5%
2017 6.9% +5.8%
2018 7.7% +11.8%
2019 7.0% -9.9%
2020 6.9% -1.5%
2021 7.8% +13.5%
2022 7.0% -10.1%
2023 5.7% -18.6%

India compared with similar countries

  • India's 5.7% is below the median for lower middle income countries, which is 26.9%, 21% of the median. (47 countries reporting)
  • India's 5.7% is below the median for South Asia, which is 8.2%, 70% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 5.5% 4.3% 6.4% 10
1970s 5.9% 4.2% 9.9% 10
1980s 4.1% 3.5% 5.2% 10
1990s 4.7% 4.1% 5.5% 10
2000s 5.3% 4.4% 6.4% 10
2010s 6.2% 4.7% 7.7% 10
2020s 6.8% 5.7% 7.8% 4

Countries ranked near India

  1. 141 Maldives 6.1% compare
  2. 142 Saudi Arabia 5.8% compare
  3. 143 Madagascar 5.7% compare
  4. 145 Panama 5.7% compare
  5. 146 Angola 5.5% compare
  6. 147 Jamaica 5.4% compare

See the full ranking of 249 places →

More private sector data for India

All data for India →

Frequently asked questions

What is merchandise exports to low- and middle-income economies within region in India?
Merchandise exports to low- and middle-income economies within region in India was 5.7% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies within region recorded in India?
The highest recorded value was 9.9% in 1973.
What is the lowest merchandise exports to low- and middle-income economies within region recorded in India?
The lowest recorded value was 3.5% in 1982.
How does India rank for merchandise exports to low- and middle-income economies within region?
India ranks 144th out of 203 countries with data for 2023.
Is merchandise exports to low- and middle-income economies within region rising or falling in India?
Over the last ten years it is up 4.9%. 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 within 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 within region in India. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-within-region-percent-of-total/india/

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About this data

Indicator
Merchandise exports to low- and middle-income economies within 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
249 places, 12,966 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.