Africa's Development Dynamics (AfDD) Table 28 - International trade in Least developed countries
Least developed countries: Africa's Development Dynamics (AfDD) Table 28 - International trade was 107.31 Percentage of merchandise value in 2020. ▼ Falling
Africa's Development Dynamics (AfDD) Table 28 - International trade in Least developed countries, 2000–2020
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of merchandise value.
Analysis
The most recent figure for africa's development dynamics (afdd) table 28 - international trade in Least developed countries is 107.31 Percentage of merchandise value, measured in 2020. That is the lowest value across all 21 years on record.
The figure is down 2.8% on the previous year and down 22.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 28 - international trade in Least developed countries peaked at 146.58 Percentage of merchandise value in 2001 and was at its lowest, 107.31 Percentage of merchandise value, in 2020.
That places Least developed countries 14th out of 28 groups with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Africa's Development Dynamics (AfDD) Table 28 - International trade in Least developed countries, year by year
| Year | Percentage of merchandise value | Change |
|---|---|---|
| 2000 | 127.2 Percentage of merchandise value | — |
| 2001 | 146.58 Percentage of merchandise value | +15.2% |
| 2002 | 142.59 Percentage of merchandise value | -2.7% |
| 2003 | 142.44 Percentage of merchandise value | -0.1% |
| 2004 | 142.66 Percentage of merchandise value | +0.2% |
| 2005 | 141.15 Percentage of merchandise value | -1.1% |
| 2006 | 142.58 Percentage of merchandise value | +1.0% |
| 2007 | 142.34 Percentage of merchandise value | -0.2% |
| 2008 | 140.72 Percentage of merchandise value | -1.1% |
| 2009 | 142.38 Percentage of merchandise value | +1.2% |
| 2010 | 138.93 Percentage of merchandise value | -2.4% |
| 2011 | 129.28 Percentage of merchandise value | -6.9% |
| 2012 | 127.13 Percentage of merchandise value | -1.7% |
| 2013 | 132.74 Percentage of merchandise value | +4.4% |
| 2014 | 135.35 Percentage of merchandise value | +2.0% |
| 2015 | 131.24 Percentage of merchandise value | -3.0% |
| 2016 | 122.85 Percentage of merchandise value | -6.4% |
| 2017 | 121.64 Percentage of merchandise value | -1.0% |
| 2018 | 120.17 Percentage of merchandise value | -1.2% |
| 2019 | 110.44 Percentage of merchandise value | -8.1% |
| 2020 | 107.31 Percentage of merchandise value | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 141.06 Percentage of merchandise value | 127.2 Percentage of merchandise value | 146.58 Percentage of merchandise value | 10 |
| 2010s | 126.98 Percentage of merchandise value | 110.44 Percentage of merchandise value | 138.93 Percentage of merchandise value | 10 |
| 2020s | 107.31 Percentage of merchandise value | 107.31 Percentage of merchandise value | 107.31 Percentage of merchandise value | 1 |
Countries ranked near Least developed countries
- 11 Yemen 214.06 Percentage of merchandise value compare
- 12 Iraq 211.94 Percentage of merchandise value compare
- 13 Nigeria 206.19 Percentage of merchandise value compare
- 14 Grenada 199.45 Percentage of merchandise value compare
- 15 Moldova 101.88 Percentage of merchandise value compare
- 15 San Marino 195.18 Percentage of merchandise value compare
- 16 Rwanda 192.17 Percentage of merchandise value compare
- 17 Democratic Republic of the Congo 116.91 Percentage of merchandise value compare
- 17 Fiji 95.1 Percentage of merchandise value compare
- 17 Saint Vincent and the Grenadines 192.01 Percentage of merchandise value compare
More economy & growth data for Least developed countries
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.92 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.64 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 17.54 Percentage of GDP (2028)
- Total FDI inflows — Value US$, 2015 prices 27,444 million USD (2023)
- Total FDI inflows — Value US$ 31,299 million USD (2023)
- Total FDI outflows — Value US$ 1,160 million USD (2023)
- Total FDI outflows — Value US$, 2015 prices 1,053 million USD (2023)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 15.64 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 117,722 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 67.56 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 28 - international trade in Least developed countries?
- Africa's development dynamics (afdd) table 28 - international trade in Least developed countries was 107.31 Percentage of merchandise value in 2020, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 28 - international trade recorded in Least developed countries?
- The highest recorded value was 146.58 Percentage of merchandise value in 2001.
- What is the lowest africa's development dynamics (afdd) table 28 - international trade recorded in Least developed countries?
- The lowest recorded value was 107.31 Percentage of merchandise value in 2020.
- How does Least developed countries rank for africa's development dynamics (afdd) table 28 - international trade?
- Least developed countries ranks 14th out of 28 groups with data for 2020.
- Is africa's development dynamics (afdd) table 28 - international trade rising or falling in Least developed countries?
- Over the last ten years it is down 22.8%. The long-run trend across the full record is falling.
- Where does this Least developed countries data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 28 - International trade costs — Average cost of trade within continent, manufactured goods. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 28 shows the average cost of importing and exporting goods calculated as a percentage of the value of goods traded, broken down by the origin and destination of the trade, whether it is with bordering countries, with countries in the same region, or the same continent.