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Myanmar: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

In , Myanmar's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 4.32.

That's down 18.0% from 2022, the highest value since .

The global average for this indicator in 2023 was 22.36 . Myanmar ranks #176 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #14 of 35.

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

Trend (2004–2023)

Myanmar Merchandise imports from low- and middle-income economies outside region (% 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
9.32
Trough
3.77
1-year change
-18.0%
5-year change
-44.1%
-11.0% / yr
10-year change
+12.3%
+1.2% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
4.3202
5.2668
6.2335
5.9876
5.7195
7.7271
8.6313
9.3190
3.7666
4.7886

About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZSCategory: Trade & Finance

Frequently asked questions

What was Myanmar's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
In 2023, Myanmar's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 4.32, according to World Bank Open Data.
Is Myanmar's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
Myanmar's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 18.0% from 2022 to 2023.
How does Myanmar rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
In 2023, Myanmar ranked #176 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
How does Myanmar's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Myanmar is below the world average. Within East Asia & Pacific, it ranks #14 of 35.
What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZS), CC BY 4.0.