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Kuwait: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)

In , Kuwait's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 13.40.

That's up 32.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 14.77 . Kuwait ranks #68 globally out of 204 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #7 of 23.

Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS) • Data as of 2023

Trend (2004–2023)

Kuwait Merchandise exports to low- and middle-income economies in East Asia & Pacific (% 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
19.83
Trough
10.13
1-year change
+32.3%
5-year change
-23.4%
-5.2% / yr
10-year change
-32.3%
-3.8% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
13.4037
10.1330
16.3777
17.6263
18.4552
17.5078
12.2487
15.9259
19.7152
19.8124

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Kuwait's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
In 2023, Kuwait's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 13.40, according to World Bank Open Data.
Is Kuwait's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
Kuwait's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rose 32.3% from 2022 to 2023.
How does Kuwait rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
In 2023, Kuwait ranked #68 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
How does Kuwait'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 Kuwait is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #7 of 23.
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.
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Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS), CC BY 4.0.