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Eritrea: Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)

In , Eritrea's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 0.16.

That's up 21.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.93 . Eritrea ranks #164 globally out of 199 reporting countries. Within Sub-Saharan Africa, it ranks #43 of 48.

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

Trend (2004–2023)

Eritrea Merchandise exports to low- and middle-income economies in South Asia (% 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
38.72
Trough
0.07
1-year change
+21.8%
5-year change
-7.3%
-1.5% / yr
10-year change
-88.3%
-19.3% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
0.1642
0.1348
0.8634
0.0684
0.2524
0.1772
1.1481
21.9252
38.7224
34.3158

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

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

Frequently asked questions

What was Eritrea's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023?
In 2023, Eritrea's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 0.16, according to World Bank Open Data.
Is Eritrea's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rising or falling?
Eritrea's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rose 21.8% from 2022 to 2023.
How does Eritrea rank globally on Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
In 2023, Eritrea ranked #164 out of 199 countries reporting Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports).
How does Eritrea's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023 was 4.93, so Eritrea is below the world average. Within Sub-Saharan Africa, it ranks #43 of 48.
What is Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.R5.ZS), CC BY 4.0.