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

In , Kiribati's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 16.06.

That's down 25.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 21.22 . Kiribati ranks #91 globally out of 202 reporting countries. Within East Asia & Pacific, it ranks #27 of 36.

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

Trend (2004–2023)

Kiribati Merchandise exports to low- and middle-income economies within 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
76.57
Trough
3.79
1-year change
-25.3%
5-year change
-50.8%
-13.2% / yr
10-year change
-63.1%
-9.5% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
16.0565
21.4890
34.1336
33.6077
48.4254
32.6559
58.9297
54.3154
58.3894
76.5711

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Kiribati's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023?
In 2023, Kiribati's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 16.06, according to World Bank Open Data.
Is Kiribati's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rising or falling?
Kiribati's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) fell 25.3% from 2022 to 2023.
How does Kiribati rank globally on Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)?
In 2023, Kiribati ranked #91 out of 202 countries reporting Merchandise exports to low- and middle-income economies within region (% of total merchandise exports).
How does Kiribati'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 Kiribati is below the world average. Within East Asia & Pacific, it ranks #27 of 36.
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.
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Source: World Bank Open Data (TX.VAL.MRCH.WR.ZS), CC BY 4.0.