India: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , India's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 29.49.
That's down 3.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . India ranks #41 globally out of 201 reporting countries. Within South Asia, it ranks #2 of 6.
Source: World Bank Open Data (TX.VAL.MRCH.OR.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
- 31.81
- Trough
- 23.94
- 1-year change
- -3.2%
- 5-year change
- +1.0%
- +0.2% / yr
- 10-year change
- -3.5%
- -0.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 29.4937 | |
| 30.4631 | |
| 30.8840 | |
| 31.8090 | |
| 30.1651 | |
| 29.1902 | |
| 28.1035 | |
| 26.9646 | |
| 28.4046 | |
| 31.3327 |
About Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was India's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, India's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 29.49, according to World Bank Open Data.
- Is India's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- India's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 3.2% from 2022 to 2023.
- How does India rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, India ranked #41 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does India's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023 was 18.45, so India is above the world average. Within South Asia, it ranks #2 of 6.
- What is Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.OR.ZS), CC BY 4.0.