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

In , Eritrea's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 8.38.

That's up 3,126.2% from 2022, the highest value since .

The global average for this indicator in 2023 was 21.22 . Eritrea ranks #127 globally out of 202 reporting countries. Within Sub-Saharan Africa, it ranks #34 of 48.

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

Trend (2004–2023)

Eritrea Merchandise exports to low- and middle-income economies within 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
22.41
Trough
0.12
1-year change
+3,126.2%
5-year change
+2,330.4%
+89.3% / yr
10-year change
+840.9%
+25.1% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
8.3783
0.2597
0.3352
0.1241
0.4242
0.3447
0.7803
0.7435
0.5137
0.3932

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

Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.

Indicator code: TX.VAL.MRCH.WR.ZSCategory: Trade & Finance

Frequently asked questions

What was Eritrea's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023?
In 2023, Eritrea's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 8.38, according to World Bank Open Data.
Is Eritrea's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rising or falling?
Eritrea's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rose 3,126.2% from 2022 to 2023.
How does Eritrea rank globally on Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)?
In 2023, Eritrea ranked #127 out of 202 countries reporting Merchandise exports to low- and middle-income economies within region (% of total merchandise exports).
How does Eritrea's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023 was 21.22, so Eritrea is below the world average. Within Sub-Saharan Africa, it ranks #34 of 48.
What is Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
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Source: World Bank Open Data (TX.VAL.MRCH.WR.ZS), CC BY 4.0.