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

In , Kuwait's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 24.10.

That's up 7.8% from 2022, the highest value on record.

The global average for this indicator in 2023 was 4.93 . Kuwait ranks #9 globally out of 199 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #3 of 23.

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

Trend (2004–2023)

Kuwait Merchandise exports to low- and middle-income economies in South Asia (% 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
24.10
Trough
14.11
1-year change
+7.8%
5-year change
+3.8%
+0.7% / yr
10-year change
+70.8%
+5.5% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
24.1035
22.3632
19.6196
16.3108
18.0377
23.2263
17.6209
19.1657
17.1259
14.1120

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Kuwait's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023?
In 2023, Kuwait's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 24.10, according to World Bank Open Data.
Is Kuwait's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rising or falling?
Kuwait's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rose 7.8% from 2022 to 2023.
How does Kuwait rank globally on Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
In 2023, Kuwait ranked #9 out of 199 countries reporting Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports).
How does Kuwait'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 Kuwait is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #3 of 23.
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.
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Source: World Bank Open Data (TX.VAL.MRCH.R5.ZS), CC BY 4.0.