Mongolia: Merchandise exports to high-income economies (% of total merchandise exports)
In , Mongolia's Merchandise exports to high-income economies (% of total merchandise exports) was 7.57.
That's down 34.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Mongolia ranks #201 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #35 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.HI.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
- 50.99
- Trough
- 6.68
- 1-year change
- -34.3%
- 5-year change
- +13.4%
- +2.5% / yr
- 10-year change
- -40.3%
- -5.0% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 7.5693 | |
| 11.5217 | |
| 17.2673 | |
| 27.2792 | |
| 10.3885 | |
| 6.6751 | |
| 14.5919 | |
| 20.3666 | |
| 15.9129 | |
| 11.8497 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Mongolia's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Mongolia's Merchandise exports to high-income economies (% of total merchandise exports) was 7.57, according to World Bank Open Data.
- Is Mongolia's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Mongolia's Merchandise exports to high-income economies (% of total merchandise exports) fell 34.3% from 2022 to 2023.
- How does Mongolia rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Mongolia ranked #201 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Mongolia's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Mongolia is below the world average. Within East Asia & Pacific, it ranks #35 of 36.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.HI.ZS), CC BY 4.0.