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Montenegro: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)

In , Montenegro's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 51.62.

That's up 14.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 5.10 . Montenegro ranks #3 globally out of 192 reporting countries. Within Europe & Central Asia, it ranks #2 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.R2.ZS) • Data as of 2023

Trend (2006–2023)

Montenegro Merchandise exports to low- and middle-income economies in Europe & Central 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
56.87
Trough
28.19
1-year change
+14.8%
5-year change
+13.6%
+2.6% / yr
10-year change
-0.6%
-0.1% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
51.6195
44.9758
48.8997
48.7674
51.3432
45.4378
49.3050
47.3837
51.3738
56.8679

About Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central 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.R2.ZSCategory: Trade & Finance

Frequently asked questions

What was Montenegro's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
In 2023, Montenegro's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 51.62, according to World Bank Open Data.
Is Montenegro's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
Montenegro's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rose 14.8% from 2022 to 2023.
How does Montenegro rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
In 2023, Montenegro ranked #3 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
How does Montenegro's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023 was 5.10, so Montenegro is above the world average. Within Europe & Central Asia, it ranks #2 of 53.
What is Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central 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.R2.ZS), CC BY 4.0.