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

Small states: Merchandise exports to low- and middle-income economies within region was 14.7% in 2023. ▲ Rising

Latest (2023)
14.7%
Change on year
down 0.1%
Rank
24th
of 46 groups
All-time high
15.9%
in 2013
All-time low
1.8%
in 1965
Years of data
64
1960–2023

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

051015196019912023

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 Small states stood at 14.7%.

The figure is down 0.1% on the previous year and down 7.3% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies within region in Small states peaked at 15.9% in 2013 and was at its lowest, 1.8%, in 1965.

Small states ranks 24th of 46 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 within region in Small states, year by year

Annual values for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in Small states, 1960 to 2023.
Year % of total merchandise exports Change
1960 3.3%
1961 3.2% -3.7%
1962 2.9% -7.0%
1963 2.4% -18.4%
1964 2.1% -11.2%
1965 1.8% -16.6%
1966 2.0% +15.2%
1967 10.5% +413.0%
1968 11.0% +5.0%
1969 10.7% -2.5%
1970 3.4% -68.4%
1971 11.1% +227.1%
1972 6.7% -39.0%
1973 5.2% -22.2%
1974 4.8% -7.6%
1975 4.6% -5.2%
1976 4.2% -7.5%
1977 4.0% -6.4%
1978 4.2% +5.1%
1979 5.2% +23.6%
1980 6.5% +26.2%
1981 6.1% -6.7%
1982 5.7% -5.5%
1983 4.9% -14.8%
1984 5.3% +8.2%
1985 6.3% +18.6%
1986 4.2% -32.6%
1987 6.6% +55.6%
1988 6.0% -9.1%
1989 6.3% +4.3%
1990 6.9% +10.3%
1991 7.3% +5.2%
1992 8.3% +15.1%
1993 9.7% +16.6%
1994 9.7% -0.1%
1995 9.8% +0.8%
1996 9.6% -2.0%
1997 10.4% +8.3%
1998 9.0% -13.4%
1999 10.8% +19.8%
2000 13.0% +20.5%
2001 14.2% +9.1%
2002 14.7% +3.3%
2003 13.1% -10.5%
2004 12.2% -7.1%
2005 13.0% +6.6%
2006 14.6% +12.5%
2007 14.4% -1.1%
2008 15.8% +9.7%
2009 13.4% -15.7%
2010 13.4% +0.0%
2011 14.5% +8.8%
2012 12.9% -11.1%
2013 15.9% +22.8%
2014 14.1% -11.3%
2015 14.8% +5.0%
2016 13.5% -8.5%
2017 14.0% +3.9%
2018 12.5% -10.9%
2019 14.1% +12.4%
2020 14.1% +0.6%
2021 14.8% +4.3%
2022 14.7% -0.2%
2023 14.7% -0.1%

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies within region in Small states 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
1967 +413.0% 2.0% 10.5%
1971 +227.1% 3.4% 11.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 5.0% 1.8% 11.0% 10
1970s 5.3% 3.4% 11.1% 10
1980s 5.8% 4.2% 6.6% 10
1990s 9.2% 6.9% 10.8% 10
2000s 13.8% 12.2% 15.8% 10
2010s 14.0% 12.5% 15.9% 10
2020s 14.6% 14.1% 14.8% 4

Countries ranked near Small states

  1. 21 New Caledonia 52.1% compare
  2. 22 Myanmar 51.9% compare
  3. 23 Aruba 51.8% compare
  4. 24 Montenegro 51.6% compare
  5. 25 Vanuatu 49.0% compare
  6. 26 Togo 48.9% compare
  7. 27 Australia 46.9% compare

See the full ranking of 249 places →

More private sector data for Small states

All data for Small states →

Frequently asked questions

What is merchandise exports to low- and middle-income economies within region in Small states?
Merchandise exports to low- and middle-income economies within region in Small states was 14.7% 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 Small states?
The highest recorded value was 15.9% in 2013.
What is the lowest merchandise exports to low- and middle-income economies within region recorded in Small states?
The lowest recorded value was 1.8% in 1965.
How does Small states rank for merchandise exports to low- and middle-income economies within region?
Small states ranks 24th out of 46 groups with data for 2023.
Is merchandise exports to low- and middle-income economies within region rising or falling in Small states?
Over the last ten years it is down 7.3%. The long-run trend across the full record is rising.
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 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 Small states. 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/small-states/

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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.