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Japan: Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)

In , Japan's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 3.21.

That's up 14.3% from 2022, the highest value on record.

The global average for this indicator in 2023 was 4.94 . Japan ranks #47 globally out of 192 reporting countries. Within East Asia & Pacific, it ranks #6 of 29.

Source: World Bank Open Data (TX.VAL.MRCH.R3.ZS) • Data as of 2023

Trend (2004–2023)

Japan Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
3.21
Trough
1.92
1-year change
+14.3%
5-year change
+16.0%
+3.0% / yr
10-year change
+7.6%
+0.7% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
3.2089
2.8083
2.6461
2.2818
2.7026
2.7654
2.7689
2.7703
3.0647
3.0357

About Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZSCategory: Trade & Finance

Frequently asked questions

What was Japan's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
In 2023, Japan's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 3.21, according to World Bank Open Data.
Is Japan's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
Japan's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rose 14.3% from 2022 to 2023.
How does Japan rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
In 2023, Japan ranked #47 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
How does Japan's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023 was 4.94, so Japan is below the world average. Within East Asia & Pacific, it ranks #6 of 29.
What is Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS), CC BY 4.0.