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Hungary: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)

In , Hungary's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 1.41.

That's down 12.0% from 2022, the highest value since .

The global average for this indicator in 2023 was 14.77 . Hungary ranks #157 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #39 of 53.

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

Trend (2004–2023)

Hungary Merchandise exports to low- and middle-income economies in East Asia & Pacific (% 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
2.13
Trough
0.89
1-year change
-12.0%
5-year change
-23.2%
-5.2% / yr
10-year change
-32.2%
-3.8% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
1.4053
1.5974
1.7505
1.8348
1.7227
1.8307
1.9524
1.8979
1.7095
1.9647

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

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

Frequently asked questions

What was Hungary's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
In 2023, Hungary's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 1.41, according to World Bank Open Data.
Is Hungary's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
Hungary's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) fell 12.0% from 2022 to 2023.
How does Hungary rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
In 2023, Hungary ranked #157 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
How does Hungary's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Hungary is below the world average. Within Europe & Central Asia, it ranks #39 of 53.
What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.R1.ZS), CC BY 4.0.