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

In , Cuba's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 21.28.

That's down 2.9% from 2022, the highest value since .

The global average for this indicator in 2023 was 18.45 . Cuba ranks #65 globally out of 201 reporting countries. Within Latin America & Caribbean, it ranks #11 of 36.

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

Trend (2004–2023)

Cuba Merchandise exports to low- and middle-income economies outside 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
27.39
Trough
5.92
1-year change
-2.9%
5-year change
+2.8%
+0.5% / yr
10-year change
+72.1%
+5.6% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
21.2844
21.9174
27.3905
24.3426
25.1401
20.7108
23.3874
18.6602
13.1293
13.8254

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

Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to 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 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.OR.ZSCategory: Trade & Finance

Frequently asked questions

What was Cuba's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
In 2023, Cuba's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 21.28, according to World Bank Open Data.
Is Cuba's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
Cuba's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 2.9% from 2022 to 2023.
How does Cuba rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
In 2023, Cuba ranked #65 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
How does Cuba's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023 was 18.45, so Cuba is above the world average. Within Latin America & Caribbean, it ranks #11 of 36.
What is Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to 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 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.OR.ZS), CC BY 4.0.