India: Merchandise exports to high-income economies (% of total merchandise exports)
In , India's Merchandise exports to high-income economies (% of total merchandise exports) was 64.76.
That's up 3.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . India ranks #106 globally out of 205 reporting countries. Within South Asia, it ranks #3 of 6.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 70.09
- Trough
- 61.05
- 1-year change
- +3.6%
- 5-year change
- +2.7%
- +0.5% / yr
- 10-year change
- +1.3%
- +0.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 64.7649 | |
| 62.4867 | |
| 61.2430 | |
| 61.0483 | |
| 62.7901 | |
| 63.0538 | |
| 64.9530 | |
| 66.4687 | |
| 64.8309 | |
| 62.0807 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was India's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, India's Merchandise exports to high-income economies (% of total merchandise exports) was 64.76, according to World Bank Open Data.
- Is India's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- India's Merchandise exports to high-income economies (% of total merchandise exports) rose 3.6% from 2022 to 2023.
- How does India rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, India ranked #106 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does India's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so India is above the world average. Within South Asia, it ranks #3 of 6.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.