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DATA IDENTIFICATION


Name
Developing countries' and least developed countries' share of global exports
Indicator purpose

This indicator allows for tracking the increase of exports from Developing countries and LDCs prescribed by target 17.11.

Abstract

Exports by developing countries and LDCs as a share of global exports of goods and services.

Data source

Ministry of Finance (MOF)

DATA CHARACTERISTICS



Contact organization person

Ministry of Finance (MOF)

Date last updated
28-OCT-2019
Periodicity

Annual

Unit of measure

Percentage (%)

Other characteristics

Using shares of global exports provide information on the relative size of Developing and LDCs export in comparison to global exports.

DATA CONCEPTS and CLASSIFICATIONS



Classification used

Harmonized System (HS): Is the international classification used to categorize products that are traded (merchandise trade) Balance of Payments (BoP): Services are classified according to the items presented in the Balance of Payments as defined by the IMF in t the Balance of Payments Manual.

Disaggregation

is by product sector (e.g. Agriculture, Textile, Environmental goods), level of goods processing, geographical region and country income level (e.g. Developed, Developing, LDCs).

Key statistical concepts

Share of global trade is intended of a particular group of country fraction of total trade. While for merchandise trade data are consistent through, the time series (2000-current), for services trade there might be difficulties related to lack of harmonization for data previous to 2005. Before 2005 data are reported according the 5th Balance of Payments Manual. After 2005, data have been converted according to the categories and principles established by the 6th edition of the Balance of Payments Manual.

Formula
-
OTHER ASPECTS



Recommended uses

This indicator is used to assess the progress made by developing and LDCs in terms of productivity and improvement of their export portfolio.

Limitations

N/A

Other comments

Export shares need to be analysed from different angles in order to infer whether a particular country or region made improvements in its trade performance. First of all, exports value should be always kept into account in order to observe whether changes in export shares are originating from increasing developing and LDCs exports or from a decrease of other countries exported values. Secondly, and in order to foster trade that is beneficial for the other SDGs, it would be useful to analyse the composition of the export basket by the level of processing of the goods that are traded. This will allow understanding whether progress are made in terms of the quality and value added of the products exported.

For what concerns trade in services, it could be necessary to draw on supplementary data from migration, tourism, multinational companies (MNC) and labour market statistics, in order to provide detailed figures for Travel and Government services n.i.e. A typical area of interest for international trade in services relates to the data that may be maintained by governments on education and health services provided to or by non-residents (travel; personal, cultural and recreational services). Information obtained from partner countries is useful in order to validate and improve statistics of the compiling economy. Data from international organizations can be useful for aid recipient countries to compile data on technical assistance services.

All the metadata shown in this document was gathered from United Nation Statistics Division. The metadata was extracted from https://unstats.un.org/sdgs/metadata/.