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

In , Honduras's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 33.64.

That's down 0.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.94 . Honduras ranks #7 globally out of 192 reporting countries. Within Latin America & Caribbean, it ranks #7 of 36.

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

Trend (2004–2023)

Honduras 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
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
33.91
Trough
24.05
1-year change
-0.8%
5-year change
+24.7%
+4.5% / yr
10-year change
+13.2%
+1.2% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
33.6411
33.9107
32.3068
29.7917
26.3963
26.9821
24.8667
30.1974
29.6260
30.8821

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 Honduras's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
In 2023, Honduras's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 33.64, according to World Bank Open Data.
Is Honduras's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
Honduras's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) fell 0.8% from 2022 to 2023.
How does Honduras rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
In 2023, Honduras ranked #7 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
How does Honduras'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 Honduras is above the world average. Within Latin America & Caribbean, it ranks #7 of 36.
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.