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Micronesia, Fed. Sts.: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)

In , Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 5.07.

That's up 52,686.4% from 2022, the highest value on record.

The global average for this indicator in 2023 was 8.21 . Micronesia, Fed. Sts. ranks #57 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #4 of 28.

Source: World Bank Open Data (TX.VAL.MRCH.R6.ZS) • Data as of 2023

Trend (2004–2023)

Micronesia, Fed. Sts. Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% 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
5.07
Trough
0.00
1-year change
+52,686.4%
5-year change
+342,566.1%
+409.3% / yr
10-year change
+586.6%
+21.2% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
5.0749
0.0096
0.0329
0.0215
0.0206
0.0015
0.0076
0.0784
0.0468
0.0640

About Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa 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.R6.ZSCategory: Trade & Finance

Frequently asked questions

What was Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023?
In 2023, Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 5.07, according to World Bank Open Data.
Is Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rising or falling?
Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rose 52,686.4% from 2022 to 2023.
How does Micronesia, Fed. Sts. rank globally on Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)?
In 2023, Micronesia, Fed. Sts. ranked #57 out of 197 countries reporting Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports).
How does Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023 was 8.21, so Micronesia, Fed. Sts. is below the world average. Within East Asia & Pacific, it ranks #4 of 28.
What is Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa 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.R6.ZS), CC BY 4.0.