Australia: Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
In , Australia's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 5.18.
That's down 6.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.93 . Australia ranks #42 globally out of 199 reporting countries. Within East Asia & Pacific, it ranks #3 of 31.
Source: World Bank Open Data (TX.VAL.MRCH.R5.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
- 8.22
- Trough
- 3.49
- 1-year change
- -6.6%
- 5-year change
- -0.6%
- -0.1% / yr
- 10-year change
- +23.3%
- +2.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) |
|---|---|
| 5.1762 | |
| 5.5448 | |
| 4.8684 | |
| 3.4905 | |
| 4.0666 | |
| 5.2063 | |
| 5.8736 | |
| 4.4401 | |
| 5.0657 | |
| 3.9101 |
About Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.R5.ZS • Category: Trade & Finance
Frequently asked questions
- What was Australia's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023?
- In 2023, Australia's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 5.18, according to World Bank Open Data.
- Is Australia's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rising or falling?
- Australia's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) fell 6.6% from 2022 to 2023.
- How does Australia rank globally on Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
- In 2023, Australia ranked #42 out of 199 countries reporting Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports).
- How does Australia's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023 was 4.93, so Australia is above the world average. Within East Asia & Pacific, it ranks #3 of 31.
- What is Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.R5.ZS), CC BY 4.0.