New Zealand: Merchandise exports to high-income economies (% of total merchandise exports)
In , New Zealand's Merchandise exports to high-income economies (% of total merchandise exports) was 55.23.
That's up 4.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . New Zealand ranks #126 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #20 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
- 78.75
- Trough
- 52.13
- 1-year change
- +4.0%
- 5-year change
- -4.5%
- -0.9% / yr
- 10-year change
- -6.5%
- -0.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 55.2321 | |
| 53.1141 | |
| 52.1287 | |
| 55.1257 | |
| 53.9545 | |
| 57.8335 | |
| 58.2493 | |
| 60.8643 | |
| 62.4045 | |
| 59.6100 |
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 New Zealand's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, New Zealand's Merchandise exports to high-income economies (% of total merchandise exports) was 55.23, according to World Bank Open Data.
- Is New Zealand's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- New Zealand's Merchandise exports to high-income economies (% of total merchandise exports) rose 4.0% from 2022 to 2023.
- How does New Zealand rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, New Zealand ranked #126 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does New Zealand'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 New Zealand is below the world average. Within East Asia & Pacific, it ranks #20 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.