Korea, Rep.: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
In , Korea, Rep.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 35.14.
That's down 9.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 14.77 . Korea, Rep. ranks #32 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #19 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 42.38
- Trough
- 27.02
- 1-year change
- -9.3%
- 5-year change
- -16.0%
- -3.4% / yr
- 10-year change
- -6.0%
- -0.6% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) |
|---|---|
| 35.1375 | |
| 38.7236 | |
| 40.6259 | |
| 42.3765 | |
| 41.0677 | |
| 41.8216 | |
| 40.8466 | |
| 38.5353 | |
| 38.0911 | |
| 36.7173 |
About Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.R1.ZS • Category: Trade & Finance
Frequently asked questions
- What was Korea, Rep.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
- In 2023, Korea, Rep.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 35.14, according to World Bank Open Data.
- Is Korea, Rep.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
- Korea, Rep.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) fell 9.3% from 2022 to 2023.
- How does Korea, Rep. rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
- In 2023, Korea, Rep. ranked #32 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
- How does Korea, Rep.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Korea, Rep. is above the world average. Within East Asia & Pacific, it ranks #19 of 36.
- What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.
Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS), CC BY 4.0.