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Kiribati: Merchandise exports to high-income economies (% of total merchandise exports)

In , Kiribati's Merchandise exports to high-income economies (% of total merchandise exports) was 79.68.

That's up 4.6% from 2022, the highest value since .

The global average for this indicator in 2023 was 60.91 . Kiribati ranks #59 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #6 of 36.

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

Trend (2004–2023)

Kiribati Merchandise exports to high-income economies (% 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
96.21
Trough
23.43
1-year change
+4.6%
5-year change
+18.3%
+3.4% / yr
10-year change
+167.8%
+10.4% / yr

Historical Data — Last 10 Years

Year Merchandise exports to high-income economies (% of total merchandise exports)
79.6812
76.1748
62.8317
66.3923
51.5746
67.3441
37.9963
45.4044
40.1050
23.4289

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Kiribati's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
In 2023, Kiribati's Merchandise exports to high-income economies (% of total merchandise exports) was 79.68, according to World Bank Open Data.
Is Kiribati's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
Kiribati's Merchandise exports to high-income economies (% of total merchandise exports) rose 4.6% from 2022 to 2023.
How does Kiribati rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
In 2023, Kiribati ranked #59 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
How does Kiribati'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 Kiribati is above the world average. Within East Asia & Pacific, it ranks #6 of 36.
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.
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Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.