Skip to main content
HomeCountriesKorea, Dem. People's Rep. › Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)

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

In , Korea, Dem. People's Rep.'s Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 0.07.

That's down 30.7% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.41 . Korea, Dem. People's Rep. ranks #201 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #33 of 35.

Source: World Bank Open Data (TM.VAL.MRCH.R5.ZS) • Data as of 2023

Trend (2004–2023)

Korea, Dem. People's Rep. Merchandise imports from low- and middle-income economies in South 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
25.76
Trough
0.07
1-year change
-30.7%
5-year change
-93.4%
-42.0% / yr
10-year change
-98.5%
-34.1% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
0.0748
0.1080
0.0650
0.4559
0.3186
1.1355
1.7710
1.8117
3.0282
1.9883

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

Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South 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.R5.ZSCategory: Trade & Finance

Frequently asked questions

What was Korea, Dem. People's Rep.'s Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023?
In 2023, Korea, Dem. People's Rep.'s Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 0.07, according to World Bank Open Data.
Is Korea, Dem. People's Rep.'s Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rising or falling?
Korea, Dem. People's Rep.'s Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) fell 30.7% from 2022 to 2023.
How does Korea, Dem. People's Rep. rank globally on Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)?
In 2023, Korea, Dem. People's Rep. ranked #201 out of 204 countries reporting Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports).
How does Korea, Dem. People's Rep.'s Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023 was 4.41, so Korea, Dem. People's Rep. is below the world average. Within East Asia & Pacific, it ranks #33 of 35.
What is Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South 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.
Download this data: CSV JSON

Source: World Bank Open Data (TM.VAL.MRCH.R5.ZS), CC BY 4.0.