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Benin: Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

In , Benin's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 16.40.

That's up 6.7% from 2022, the highest value since .

The global average for this indicator in 2023 was 21.22 . Benin ranks #90 globally out of 202 reporting countries. Within Sub-Saharan Africa, it ranks #25 of 48.

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

Trend (2004–2023)

Benin Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) 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
63.66
Trough
12.67
1-year change
+6.7%
5-year change
+4.9%
+1.0% / yr
10-year change
-52.9%
-7.3% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
16.4049
15.3771
13.2719
12.6656
16.8771
15.6334
22.1360
24.5675
25.2834
38.6728

About Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.

Indicator code: TX.VAL.MRCH.WR.ZSCategory: Trade & Finance

Frequently asked questions

What was Benin's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023?
In 2023, Benin's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 16.40, according to World Bank Open Data.
Is Benin's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rising or falling?
Benin's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rose 6.7% from 2022 to 2023.
How does Benin rank globally on Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)?
In 2023, Benin ranked #90 out of 202 countries reporting Merchandise exports to low- and middle-income economies within region (% of total merchandise exports).
How does Benin's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023 was 21.22, so Benin is below the world average. Within Sub-Saharan Africa, it ranks #25 of 48.
What is Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
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Source: World Bank Open Data (TX.VAL.MRCH.WR.ZS), CC BY 4.0.