Nigeria: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
In , Nigeria's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 11.76.
That's up 71.1% from 2022, the highest value since .
The global average for this indicator in 2023 was 14.77 . Nigeria ranks #73 globally out of 204 reporting countries. Within Sub-Saharan Africa, it ranks #21 of 48.
Source: World Bank Open Data (TX.VAL.MRCH.R1.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
- 12.21
- Trough
- 6.87
- 1-year change
- +71.1%
- 5-year change
- -3.5%
- -0.7% / yr
- 10-year change
- +1.1%
- +0.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) |
|---|---|
| 11.7554 | |
| 6.8694 | |
| 9.7832 | |
| 10.6777 | |
| 11.8944 | |
| 12.1835 | |
| 12.2109 | |
| 11.8939 | |
| 11.6242 | |
| 11.6237 |
About Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.R1.ZS • Category: Trade & Finance
Frequently asked questions
- What was Nigeria's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
- In 2023, Nigeria's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 11.76, according to World Bank Open Data.
- Is Nigeria's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
- Nigeria's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rose 71.1% from 2022 to 2023.
- How does Nigeria rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
- In 2023, Nigeria ranked #73 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
- How does Nigeria's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Nigeria is below the world average. Within Sub-Saharan Africa, it ranks #21 of 48.
- What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.
Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS), CC BY 4.0.