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

In , Eritrea's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 11.79.

That's down 22.6% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.32 . Eritrea ranks #22 globally out of 199 reporting countries. Within Sub-Saharan Africa, it ranks #3 of 48.

Source: World Bank Open Data (TM.VAL.MRCH.R2.ZS) • Data as of 2023

Trend (2004–2023)

Eritrea Merchandise imports from low- and middle-income economies in Europe & Central 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
15.25
Trough
1.45
1-year change
-22.6%
5-year change
+129.8%
+18.1% / yr
10-year change
+711.8%
+23.3% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
11.7944
15.2472
13.3672
5.8514
7.7363
5.1320
6.4417
7.0121
5.2287
3.7925

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

Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central 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.R2.ZSCategory: Trade & Finance

Frequently asked questions

What was Eritrea's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023?
In 2023, Eritrea's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 11.79, according to World Bank Open Data.
Is Eritrea's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rising or falling?
Eritrea's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) fell 22.6% from 2022 to 2023.
How does Eritrea rank globally on Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)?
In 2023, Eritrea ranked #22 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports).
How does Eritrea's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023 was 4.32, so Eritrea is above the world average. Within Sub-Saharan Africa, it ranks #3 of 48.
What is Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central 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.R2.ZS), CC BY 4.0.