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Benin: Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)

In , Benin's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 2.00.

That's down 32.7% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.32 . Benin ranks #89 globally out of 199 reporting countries. Within Sub-Saharan Africa, it ranks #22 of 48.

Source: World Bank Open Data (TM.VAL.MRCH.R2.ZS) • Data as of 2023

Trend (2004–2023)

Benin Merchandise imports from low- and middle-income economies in Europe & Central Asia (% 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
4.38
Trough
0.21
1-year change
-32.7%
5-year change
-21.9%
-4.8% / yr
10-year change
-12.2%
-1.3% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
1.9995
2.9691
4.3805
4.2965
3.5357
2.5587
2.0903
1.4921
1.4190
1.5677

About Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia 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.R2.ZSCategory: Trade & Finance

Frequently asked questions

What was Benin's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023?
In 2023, Benin's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 2.00, according to World Bank Open Data.
Is Benin's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rising or falling?
Benin's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) fell 32.7% from 2022 to 2023.
How does Benin rank globally on Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)?
In 2023, Benin ranked #89 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports).
How does Benin's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023 was 4.32, so Benin is below the world average. Within Sub-Saharan Africa, it ranks #22 of 48.
What is Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia 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.R2.ZS), CC BY 4.0.