India: Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
In , India's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 5.71.
That's down 18.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 21.22 . India ranks #143 globally out of 202 reporting countries. Within South Asia, it ranks #5 of 6.
Source: World Bank Open Data (TX.VAL.MRCH.WR.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
- 7.79
- Trough
- 4.65
- 1-year change
- -18.6%
- 5-year change
- -26.2%
- -5.9% / yr
- 10-year change
- +4.9%
- +0.5% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) |
|---|---|
| 5.7051 | |
| 7.0081 | |
| 7.7939 | |
| 6.8660 | |
| 6.9703 | |
| 7.7333 | |
| 6.9156 | |
| 6.5385 | |
| 6.7036 | |
| 6.5110 |
About Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Indicator code: TX.VAL.MRCH.WR.ZS • Category: Trade & Finance
Frequently asked questions
- What was India's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023?
- In 2023, India's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 5.71, according to World Bank Open Data.
- Is India's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rising or falling?
- India's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) fell 18.6% from 2022 to 2023.
- How does India rank globally on Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)?
- In 2023, India ranked #143 out of 202 countries reporting Merchandise exports to low- and middle-income economies within region (% of total merchandise exports).
- How does India's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023 was 21.22, so India is below the world average. Within South Asia, it ranks #5 of 6.
- What is Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Source: World Bank Open Data (TX.VAL.MRCH.WR.ZS), CC BY 4.0.