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Oman: Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)

In , Oman's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 9.87.

That's down 15.4% from 2022, the highest value since .

The global average for this indicator in 2023 was 2.46 . Oman ranks #13 globally out of 186 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #8 of 23.

Source: World Bank Open Data (TX.VAL.MRCH.R4.ZS) • Data as of 2023

Trend (2004–2023)

Oman Merchandise exports to low- and middle-income economies in Middle East & North Africa (% 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
16.15
Trough
2.15
1-year change
-15.4%
5-year change
+33.0%
+5.9% / yr
10-year change
+344.5%
+16.1% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)
9.8684
11.6677
9.8591
7.7847
9.3603
7.4217
5.7938
16.1477
5.1600
2.2975

About Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.R4.ZSCategory: Trade & Finance

Frequently asked questions

What was Oman's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023?
In 2023, Oman's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 9.87, according to World Bank Open Data.
Is Oman's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rising or falling?
Oman's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) fell 15.4% from 2022 to 2023.
How does Oman rank globally on Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)?
In 2023, Oman ranked #13 out of 186 countries reporting Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports).
How does Oman's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023 was 2.46, so Oman is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #8 of 23.
What is Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.R4.ZS), CC BY 4.0.