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Bhutan: Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)

In , Bhutan's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 0.01.

That's down 98.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.94 . Bhutan ranks #173 globally out of 192 reporting countries. Within South Asia, it ranks #6 of 6.

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

Trend (2004–2023)

Bhutan Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% 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
1.69
Trough
0.00
1-year change
-98.8%
5-year change
+93.3%
+14.1% / yr
10-year change
-63.0%
-9.5% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
0.0128
1.0828
0.0038
0.0089
0.0154
0.0066
0.0205
0.0154
0.0029
0.1957

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

Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZSCategory: Trade & Finance

Frequently asked questions

What was Bhutan's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
In 2023, Bhutan's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 0.01, according to World Bank Open Data.
Is Bhutan's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
Bhutan's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) fell 98.8% from 2022 to 2023.
How does Bhutan rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
In 2023, Bhutan ranked #173 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
How does Bhutan's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023 was 4.94, so Bhutan is below the world average. Within South Asia, it ranks #6 of 6.
What is Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.
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Source: World Bank Open Data (TX.VAL.MRCH.R3.ZS), CC BY 4.0.