Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

This indicator quantifies the proportion of a country's merchandise exports directed towards low- and middle-income economies within its World Bank-defined region. It is essential for understanding regional trade dynamics, as it showcases the interconnectedness and economic partnerships among emerging markets. By assessing this data, analysts can highlight the significance of intra-regional trade, indicating how nations support each other's growth and development. The figure is calculated only when at least half of the economies within the partner group provide reliable data, ensuring accuracy and reliability. Notably, high-income economies are excluded from this evaluation, allowing for a focused analysis of trade relationships that foster economic stability and growth within developing regions. Source: