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Eritrea: Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)

In , Eritrea's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) was 35.65.

That's down 2.6% from 2022, the highest value since .

The global average for this indicator in 2023 was 20.25 . Eritrea ranks #24 globally out of 205 reporting countries. Within Sub-Saharan Africa, it ranks #2 of 48.

Source: World Bank Open Data (TM.VAL.MRCH.R1.ZS) • Data as of 2023

Trend (2004–2023)

Eritrea Merchandise imports from low- and middle-income economies in East Asia & Pacific (% 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
37.59
Trough
5.65
1-year change
-2.6%
5-year change
+82.4%
+12.8% / yr
10-year change
+1.7%
+0.2% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
35.6455
36.6060
25.4229
24.7536
21.7104
19.5397
18.2001
26.2906
37.5933
31.4187

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

Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific 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.R1.ZSCategory: Trade & Finance

Frequently asked questions

What was Eritrea's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in 2023?
In 2023, Eritrea's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) was 35.65, according to World Bank Open Data.
Is Eritrea's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) rising or falling?
Eritrea's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) fell 2.6% from 2022 to 2023.
How does Eritrea rank globally on Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)?
In 2023, Eritrea ranked #24 out of 205 countries reporting Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports).
How does Eritrea's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in 2023 was 20.25, so Eritrea is above the world average. Within Sub-Saharan Africa, it ranks #2 of 48.
What is Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific 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.R1.ZS), CC BY 4.0.