Financial systems and development

Table 14. Growth of merchandise trade
Merchandise trade
Average annual growth rate a
(millions ofdollars) (percent) Terms oftrade
Exports lmports Exports Imports (1980=100)
1987 1987 1965-80 1980-87 1965-80 1980-87 1985 1987
Low-incomeconomies
China and India
95,802 t
52,090 t
116,254 t
62,377 t
5.6 w
4.8 w
3.4 w
9.6 w
4.5 w
4.5 w
2.3 w
10.6 w
92 m
104 m
84 m
101 m
Other low-income 43,712 t 153,877 t 5.9 w -0.1 w 4.5 w -3.9 w 91 m 84 m
I Ethiopia 402 1,150 -0.5 -0.6 -0.9
2 Bhutan 25 88 .. . .
7.6 99 84
3 Chad
4 Zaire 1,594 1,149 4.7 -3.4 -2.9 -0.4 82 74
5 Bangladesh 1,074 2,620 .. 6.2 . . 2.3 124 91
6 Malawi 264 281 4.1 3.4 3.3 -6.1 73 67
7 Nepal 151 569 -2.3 5.A 3.0 6.4 91 93
8 Lao PDR 30 70 .. .. ..
9 Mozambique 89 486 .. .. .. ..
10 Tanzania 348 1,165 -4.0 -7.4 1.6 -0.4 90 90
11 Burkina Faso 202 540 6.8 4.9 5.8 2.0 80 74
12 Madagascar 310 386 0.7 -3.1 -0.4 -2.9 104 105
13 Mali 216 447 11.0 6.6 6.2 3.4 82 86
14 Bunindi 84 206 3.0 8.3 2.0 2.4 100 75
15 Zambia 869 745 1.7 -3.3 -5.5 -6.2 72 79
16 Niger 361 417 12.8 -4.8 6.6 -6.2 108 86
17 Uganda 320 477 -3.9 2.7 -5.3 3.0 96 67
18 China* 39,542 43,392 5.5 11.7 7.9 14.2 95 87
19 Somalia 94 452 3.8 -7.7 5.8 -1.3 91 84
20 Togo 297 417 4.6 -3.0 8.6 -4.6 90 86
21 India 12,548 18,985 3.7 3.6 1.6 4.7 114 114
22 Rwanda 121 352 7.7 2.5 8.7 5.4 102 87
23 SierraLeone 120 132 -3.8 -2.1 -2.7 -15.1 100 93
24 Benin 168 418 5.2 -0.1 6.7 0.4 90 88
25 CentralAfricanRep. 130 186 -0.4 1.0 -1.1 -1.8 88 84
26 Kenya 961 1,755 0.3 -0.6 1.7 -3.0 92 80
27 Sudan 482 694 -0.3 4.2 2.3 -8.7 90 84
28 Pakistan 4,172 5,822 4.3 8.4 0.4 3.4 88 99
29 Haiti 261 378 7.0 -2.0 8.4 -2.5 97 109
30 Lesotho' .. .. .. .. .. .. .
31 Nigeria 7,365 7,816 11.4 -5.1 15.2 -14.0 90 54
32 Ghana 1,056 836 -1.8 -1.6 -1.4 -2.9 91 85
33 SriLanka 1,393 2,085 0.5 6.5 -1.2 3.2 99 96
34 Yemen, PDR 409 1,450 -13.7 1.7 -7.5 3.3 99 73
35 Mauritania 428 474 2.7 11.2 5.4 1.7 112 98
36 Indonesia 17,206 14,453 9.6 2.7 14.2 -2.2 94 69
37 Liberia 385 208 4.5 -2.6 1.5 -10.2 91 93
38 Afghanistan 552 1,404 .. .. .. ..
39 Burma 219 628 -2.1 -4.7 -1.7 -8.7 70 65
40 Guinea .. .. .. .. .. .. .
41 Kampuchea, Dem. .. .. .. .. .. ..
42 Viet Nam 1,054 1,874 .. .. .. .. .
Middle-income economies
Lower-middle-income
369,978 t
144,178 t
353,481 t
146,317 t
2.4 w
5.3 w
5.5 w
5.3 w
5.9 w -0.5 w
4.1 w -1.7 w
92 m
92 m
79 m
78 m
43 Senegal 645 1,174 2.4 6.7 4.1 2.7 100 96
44 Bolivia 566 776 2.8 -0.8 5.0 -1.6 84 51
45 Zimbabwe 1,358 1,055 3.4 0.9 -1.8 -6.8 84 84
46 Philippines 5,649 7,144 4.7 -0.4 2.9 -4.0 92 98
47 YemenArabRep. 19 1,311 2.8 -4.0 23.3 -11.0 93 93
48 Morocco 2,807 4,229 3.7 3.7 6.5 1.6 89 106
49 Egypt, Arab Rep. 4,040 8,453 2.7 8.4 6.0 2.8 84 64
50 PapuaNew Guinea 1,172 1,222 12.8 4.9 1.3 0.3 95 84
51 DominicanRep. 711 1,783 1.7 -0.1 5.5 1.4 66 60
52 C6te d'lvoire 2,982 2,168 5.6 3.4 8.0 -3.1 96 86
53 Honduras 827 895 3.1 3.1 2.5 -0.2 93 83
54 Nicaragua 300 923 2.3 -5.2 1.3 0.8 85 77
55 Thailand 11,659 12,955 8.5 10.2 4.1 3.4 74 81
56 El Salvador 634 975 2.4 -4.6 2.7 -0.7 96 75
57 Congo, People's Rep. 884 570 12.5 3.9 1.0 -0.7 94 64
58 Jamaica 649 1,207 -0.3 -6.2 -1.9 -1.5 95 100
59 Guatemala 1,084 1,479 4.8 -1.6 4.6 -4.6 87 80
60 Cameroon 1,714 2,168 5.2 9.7 5.6 3.4 92 66
61 Paraguay 952 1,202 7.9 13.8 4.6 2.2 82 76
62 Ecuador 2,021 2,250 15.1 5.5 6.8 -1.4 94 61
63 Botswana' .. .. .. .. .. .. .
64 Tunisia 2,152 3,022 10.8 2.2 10.4 -2.5 83 79
65 Turkey 10,190 14,163 5.5 17.1 7.7 11.1 91 110
66 Colombia 5,024 4,230 1.4 7.5 5.3 -4.2 98 70
67 Chile 5,091 4,023 7.9 4.3 2.6 -8.3 79 77
* Data forTaiwan, China are: 50,835 34,341 19.0 13.5 15.1 6.5 104 103
Note: For data comparability and coverage, see the technical notes.
190
Figures in italics are for years other than those specified.