Russian Federation: Merchandise exports to high-income economies (% of total merchandise exports)
In , Russian Federation's Merchandise exports to high-income economies (% of total merchandise exports) was 23.57.
That's down 50.1% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Russian Federation ranks #185 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #52 of 53.
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
- 73.38
- Trough
- 23.57
- 1-year change
- -50.1%
- 5-year change
- -60.7%
- -17.0% / yr
- 10-year change
- -65.1%
- -10.0% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 23.5709 | |
| 47.2009 | |
| 56.7707 | |
| 55.7805 | |
| 59.6124 | |
| 60.0067 | |
| 59.6927 | |
| 60.8693 | |
| 63.7063 | |
| 66.4957 |
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 Russian Federation's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Russian Federation's Merchandise exports to high-income economies (% of total merchandise exports) was 23.57, according to World Bank Open Data.
- Is Russian Federation's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Russian Federation's Merchandise exports to high-income economies (% of total merchandise exports) fell 50.1% from 2022 to 2023.
- How does Russian Federation rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Russian Federation ranked #185 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Russian Federation'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 Russian Federation is below the world average. Within Europe & Central Asia, it ranks #52 of 53.
- 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.