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Micronesia, Fed. Sts.: Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)

In , Micronesia, Fed. Sts.'s Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) was 0.03.

That's down 9.4% from 2022, the highest value since .

The global average for this indicator in 2023 was 1.73 . Micronesia, Fed. Sts. ranks #176 globally out of 191 reporting countries. Within East Asia & Pacific, it ranks #17 of 24.

Source: World Bank Open Data (TM.VAL.MRCH.R4.ZS) • Data as of 2023

Trend (2004–2023)

Micronesia, Fed. Sts. Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) 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
0.35
Trough
0.00
1-year change
-9.4%
5-year change
-15.1%
-3.2% / yr
10-year change
-66.4%
-10.3% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)
0.0345
0.0381
0.0426
0.0407
0.0504
0.0407
0.0345
0.0708
0.0876
0.0868

About Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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: TM.VAL.MRCH.R4.ZSCategory: Trade & Finance

Frequently asked questions

What was Micronesia, Fed. Sts.'s Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in 2023?
In 2023, Micronesia, Fed. Sts.'s Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) was 0.03, according to World Bank Open Data.
Is Micronesia, Fed. Sts.'s Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) rising or falling?
Micronesia, Fed. Sts.'s Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) fell 9.4% from 2022 to 2023.
How does Micronesia, Fed. Sts. rank globally on Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)?
In 2023, Micronesia, Fed. Sts. ranked #176 out of 191 countries reporting Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports).
How does Micronesia, Fed. Sts.'s Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in 2023 was 1.73, so Micronesia, Fed. Sts. is below the world average. Within East Asia & Pacific, it ranks #17 of 24.
What is Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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 (TM.VAL.MRCH.R4.ZS), CC BY 4.0.