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Bangladesh: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

In , Bangladesh's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 50.58.

That's up 3.6% from 2022, the highest value on record.

The global average for this indicator in 2023 was 22.36 . Bangladesh ranks #10 globally out of 204 reporting countries. Within South Asia, it ranks #1 of 6.

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

Trend (2004–2023)

Bangladesh Merchandise imports from low- and middle-income economies outside region (% 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
50.58
Trough
26.94
1-year change
+3.6%
5-year change
+12.6%
+2.4% / yr
10-year change
+16.2%
+1.5% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
50.5813
48.8374
47.2723
46.6976
45.8685
44.9394
43.8973
44.9653
43.8641
42.5476

About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZSCategory: Trade & Finance

Frequently asked questions

What was Bangladesh's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
In 2023, Bangladesh's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 50.58, according to World Bank Open Data.
Is Bangladesh's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
Bangladesh's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 3.6% from 2022 to 2023.
How does Bangladesh rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
In 2023, Bangladesh ranked #10 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
How does Bangladesh's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Bangladesh is above the world average. Within South Asia, it ranks #1 of 6.
What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZS), CC BY 4.0.