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Kiribati: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

In , Kiribati's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 4.26.

That's up 82.5% from 2022, the highest value since .

The global average for this indicator in 2023 was 18.45 . Kiribati ranks #147 globally out of 201 reporting countries. Within East Asia & Pacific, it ranks #18 of 32.

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

Trend (2005–2023)

Kiribati Merchandise exports to low- and middle-income economies outside region (% 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
47.04
Trough
0.00
1-year change
+82.5%
10-year change
-84.0%
-16.8% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
4.2624
2.3362
3.0347
0.0000
3.0739
0.2802
1.5056
26.7130
47.0412
14.1250

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Kiribati's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
In 2023, Kiribati's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 4.26, according to World Bank Open Data.
Is Kiribati's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
Kiribati's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 82.5% from 2022 to 2023.
How does Kiribati rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
In 2023, Kiribati ranked #147 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
How does Kiribati'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 Kiribati is below the world average. Within East Asia & Pacific, it ranks #18 of 32.
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.
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Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS), CC BY 4.0.