.png "Philippines Merchandise exports to developing economies outside region (% of total merchandise exports)")
| Data: | Merchandise exports to developing economies outside region (% of total merchandise exports) | ||||||||
| Year: | 1960 - 2013 | ||||||||
| Country: | Philippines | ||||||||
| Source: | World Bank (the information in this section is direct quotation from World Bank development data) | ||||||||
| Series Code: | TX.VAL.MRCH.OR.ZS | ||||||||
| Topic: | Private Sector & Trade: Exports | ||||||||
| Short Definition: | Merchandise exports to developing economies outside region are the sum of merchandise exports from the reporting economy to other developing 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. | ||||||||
| Long Definition: | Merchandise exports to developing economies outside region are the sum of merchandise exports from the reporting economy to other developing 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. | ||||||||
| Unit of Measurement: | 0 | ||||||||
| Periodicity: | Annual | ||||||||
| Base Period: | 0 | ||||||||
| Reference Period: | 0 | ||||||||
| Aggregation method: | Weighted average | ||||||||
| Limitations and exceptions: | Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major developing economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many developing economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among developing economies may be understated. | ||||||||
| Notes from original source: | 0 | ||||||||
| General Comments: | 0 | ||||||||
| Original Source: | World Bank staff estimates based data from International Monetary Fund's Direction of Trade database. | ||||||||
| Statistical concept and methodology: | 0 | ||||||||
| Development relevance: | Although global integration has increased, developing economies still face trade barriers when accessing other markets. | ||||||||
