Australia: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
In , Australia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 46.86.
That's up 17.4% from 2022, the highest value on record.
The global average for this indicator in 2023 was 14.77 . Australia ranks #20 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #13 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 46.86
- Trough
- 19.76
- 1-year change
- +17.4%
- 5-year change
- +6.5%
- +1.3% / yr
- 10-year change
- +3.6%
- +0.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) |
|---|---|
| 46.8629 | |
| 39.9296 | |
| 45.9006 | |
| 46.8190 | |
| 46.8205 | |
| 43.9962 | |
| 43.4410 | |
| 42.3740 | |
| 42.1460 | |
| 43.9281 |
About Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are 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.
Indicator code: TX.VAL.MRCH.R1.ZS • Category: Trade & Finance
Frequently asked questions
- What was Australia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
- In 2023, Australia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 46.86, according to World Bank Open Data.
- Is Australia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
- Australia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rose 17.4% from 2022 to 2023.
- How does Australia rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
- In 2023, Australia ranked #20 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
- How does Australia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Australia is above the world average. Within East Asia & Pacific, it ranks #13 of 36.
- What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are 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.
Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS), CC BY 4.0.