Korea, Rep.: Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
In , Korea, Rep.'s Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 3.29.
That's down 1.1% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.93 . Korea, Rep. ranks #66 globally out of 199 reporting countries. Within East Asia & Pacific, it ranks #9 of 31.
Source: World Bank Open Data (TX.VAL.MRCH.R5.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
- 3.32
- Trough
- 2.06
- 1-year change
- -1.1%
- 5-year change
- +8.7%
- +1.7% / yr
- 10-year change
- +29.3%
- +2.6% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) |
|---|---|
| 3.2858 | |
| 3.3210 | |
| 2.9821 | |
| 2.7964 | |
| 3.2363 | |
| 3.0217 | |
| 3.1135 | |
| 2.8076 | |
| 2.7739 | |
| 2.6965 |
About Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South 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.R5.ZS • Category: Trade & Finance
Frequently asked questions
- What was Korea, Rep.'s Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023?
- In 2023, Korea, Rep.'s Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 3.29, according to World Bank Open Data.
- Is Korea, Rep.'s Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rising or falling?
- Korea, Rep.'s Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) fell 1.1% from 2022 to 2023.
- How does Korea, Rep. rank globally on Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
- In 2023, Korea, Rep. ranked #66 out of 199 countries reporting Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports).
- How does Korea, Rep.'s Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023 was 4.93, so Korea, Rep. is below the world average. Within East Asia & Pacific, it ranks #9 of 31.
- What is Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South 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.
Source: World Bank Open Data (TX.VAL.MRCH.R5.ZS), CC BY 4.0.