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Korea, Dem. People's Rep.: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)

In , Korea, Dem. People's Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 0.37.

That's down 5.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 5.10 . Korea, Dem. People's Rep. ranks #131 globally out of 192 reporting countries. Within East Asia & Pacific, it ranks #12 of 28.

Source: World Bank Open Data (TX.VAL.MRCH.R2.ZS) • Data as of 2023

Trend (2004–2023)

Korea, Dem. People's Rep. Merchandise exports to low- and middle-income economies in Europe & Central Asia (% 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
38.58
Trough
0.29
1-year change
-5.3%
5-year change
-99.0%
-60.5% / yr
10-year change
-3.1%
-0.3% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
0.3722
0.3928
0.7762
11.0585
15.8273
38.5837
0.2871
2.1798
4.7887
0.3094

About Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZSCategory: Trade & Finance

Frequently asked questions

What was Korea, Dem. People's Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
In 2023, Korea, Dem. People's Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 0.37, according to World Bank Open Data.
Is Korea, Dem. People's Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
Korea, Dem. People's Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) fell 5.3% from 2022 to 2023.
How does Korea, Dem. People's Rep. rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
In 2023, Korea, Dem. People's Rep. ranked #131 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
How does Korea, Dem. People's Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023 was 5.10, so Korea, Dem. People's Rep. is below the world average. Within East Asia & Pacific, it ranks #12 of 28.
What is Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZS), CC BY 4.0.