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

In , Dominican Republic's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 12.05.

That's down 25.2% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.94 . Dominican Republic ranks #23 globally out of 192 reporting countries. Within Latin America & Caribbean, it ranks #21 of 36.

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

Trend (2004–2023)

Dominican Republic 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
25.83
Trough
2.97
1-year change
-25.2%
5-year change
-25.1%
-5.6% / yr
10-year change
-44.2%
-5.7% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
12.0487
16.1084
12.4989
11.9665
15.3057
16.0810
16.2029
16.0186
19.1418
18.8854

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 Dominican Republic's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
In 2023, Dominican Republic's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 12.05, according to World Bank Open Data.
Is Dominican Republic's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
Dominican Republic's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) fell 25.2% from 2022 to 2023.
How does Dominican Republic rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
In 2023, Dominican Republic ranked #23 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
How does Dominican Republic'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 Dominican Republic is above the world average. Within Latin America & Caribbean, it ranks #21 of 36.
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.