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

In , Korea, Dem. People's Rep.'s Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 0.01.

That's up 853.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.32 . Korea, Dem. People's Rep. ranks #196 globally out of 199 reporting countries. Within East Asia & Pacific, it ranks #28 of 30.

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

Trend (2004–2023)

Korea, Dem. People's Rep. Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) 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
8.93
Trough
0.00
1-year change
+853.8%
5-year change
-99.9%
-75.1% / yr
10-year change
-98.8%
-35.8% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
0.0086
0.0009
0.0354
2.0272
8.9258
0.0269
0.0441
1.0006
0.3878
0.7276

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

Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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: TM.VAL.MRCH.R2.ZSCategory: Trade & Finance

Frequently asked questions

What was Korea, Dem. People's Rep.'s Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023?
In 2023, Korea, Dem. People's Rep.'s Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 0.01, according to World Bank Open Data.
Is Korea, Dem. People's Rep.'s Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rising or falling?
Korea, Dem. People's Rep.'s Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rose 853.8% from 2022 to 2023.
How does Korea, Dem. People's Rep. rank globally on Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)?
In 2023, Korea, Dem. People's Rep. ranked #196 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports).
How does Korea, Dem. People's Rep.'s Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023 was 4.32, so Korea, Dem. People's Rep. is below the world average. Within East Asia & Pacific, it ranks #28 of 30.
What is Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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 (TM.VAL.MRCH.R2.ZS), CC BY 4.0.