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

In , Hungary's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 0.27.

That's down 14.9% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.93 . Hungary ranks #153 globally out of 199 reporting countries. Within Europe & Central Asia, it ranks #39 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.R5.ZS) • Data as of 2023

Trend (2004–2023)

Hungary Merchandise exports to low- and middle-income economies in South Asia (% 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
0.49
Trough
0.17
1-year change
-14.9%
5-year change
-0.4%
-0.1% / yr
10-year change
+11.2%
+1.1% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
0.2679
0.3148
0.3023
0.2733
0.2385
0.2691
0.2597
0.2369
0.2747
0.2584

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

Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.R5.ZSCategory: Trade & Finance

Frequently asked questions

What was Hungary's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023?
In 2023, Hungary's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 0.27, according to World Bank Open Data.
Is Hungary's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rising or falling?
Hungary's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) fell 14.9% from 2022 to 2023.
How does Hungary rank globally on Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
In 2023, Hungary ranked #153 out of 199 countries reporting Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports).
How does Hungary's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023 was 4.93, 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 South Asia (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.R5.ZS), CC BY 4.0.