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

In , Estonia's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 0.51.

That's down 56.6% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.94 . Estonia ranks #121 globally out of 192 reporting countries. Within Europe & Central Asia, it ranks #33 of 53.

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

Trend (2004–2023)

Estonia 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 2004: EU enlargement (10 new members)
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins
  • 2004 · EU enlargement (10 new members)

Highlights

Peak
1.84
Trough
0.26
1-year change
-56.6%
5-year change
-53.3%
-14.1% / yr
10-year change
-46.9%
-6.1% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
0.5081
1.1698
0.5424
0.7651
0.6790
1.0877
1.2624
1.8382
0.7279
1.0786

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 Estonia's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
In 2023, Estonia's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 0.51, according to World Bank Open Data.
Is Estonia's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
Estonia's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) fell 56.6% from 2022 to 2023.
How does Estonia rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
In 2023, Estonia ranked #121 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
How does Estonia'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 Estonia is below the world average. Within Europe & Central Asia, it ranks #33 of 53.
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.