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Azerbaijan: Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

In , Azerbaijan's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 2.20.

That's down 12.9% from 2022, the highest value since .

The global average for this indicator in 2023 was 5.08 . Azerbaijan ranks #91 globally out of 199 reporting countries. Within Europe & Central Asia, it ranks #10 of 53.

Source: World Bank Open Data (TM.VAL.MRCH.R3.ZS) • Data as of 2023

Trend (2004–2023)

Azerbaijan Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
3.77
Trough
0.35
1-year change
-12.9%
5-year change
-1.2%
-0.2% / yr
10-year change
-41.6%
-5.2% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
2.2016
2.5291
3.3662
2.1304
2.0963
2.2280
2.8619
2.6234
2.0707
2.8484

About Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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: TM.VAL.MRCH.R3.ZSCategory: Trade & Finance

Frequently asked questions

What was Azerbaijan's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023?
In 2023, Azerbaijan's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 2.20, according to World Bank Open Data.
Is Azerbaijan's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rising or falling?
Azerbaijan's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) fell 12.9% from 2022 to 2023.
How does Azerbaijan rank globally on Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)?
In 2023, Azerbaijan ranked #91 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports).
How does Azerbaijan's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023 was 5.08, so Azerbaijan is below the world average. Within Europe & Central Asia, it ranks #10 of 53.
What is Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
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Source: World Bank Open Data (TM.VAL.MRCH.R3.ZS), CC BY 4.0.