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Cuba: Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)

In , Cuba's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 2.59.

That's up 169.3% from 2022, the highest value on record.

The global average for this indicator in 2023 was 4.41 . Cuba ranks #80 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #3 of 36.

Source: World Bank Open Data (TM.VAL.MRCH.R5.ZS) • Data as of 2023

Trend (2004–2023)

Cuba Merchandise imports from low- and middle-income economies in South 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
2.59
Trough
0.31
1-year change
+169.3%
5-year change
+184.5%
+23.3% / yr
10-year change
+156.7%
+9.9% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
2.5948
0.9634
0.9810
1.3064
1.1585
0.9120
0.8563
0.8761
1.2182
1.1070

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

Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South 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.R5.ZSCategory: Trade & Finance

Frequently asked questions

What was Cuba's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023?
In 2023, Cuba's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 2.59, according to World Bank Open Data.
Is Cuba's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rising or falling?
Cuba's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rose 169.3% from 2022 to 2023.
How does Cuba rank globally on Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)?
In 2023, Cuba ranked #80 out of 204 countries reporting Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports).
How does Cuba's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023 was 4.41, so Cuba is below the world average. Within Latin America & Caribbean, it ranks #3 of 36.
What is Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South 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.R5.ZS), CC BY 4.0.