Russian Federation: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Russian Federation's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 49.92.
That's up 58.4% from 2022, the highest value on record.
The global average for this indicator in 2023 was 18.45 . Russian Federation ranks #17 globally out of 201 reporting countries. Within Europe & Central Asia, it ranks #2 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.OR.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
- 49.92
- Trough
- 10.02
- 1-year change
- +58.4%
- 5-year change
- +121.3%
- +17.2% / yr
- 10-year change
- +293.7%
- +14.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 49.9235 | |
| 31.5219 | |
| 24.0961 | |
| 24.5502 | |
| 21.9738 | |
| 22.5587 | |
| 21.4859 | |
| 20.4971 | |
| 16.9211 | |
| 14.8676 |
About Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to 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 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Russian Federation's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Russian Federation's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 49.92, according to World Bank Open Data.
- Is Russian Federation's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Russian Federation's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 58.4% from 2022 to 2023.
- How does Russian Federation rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Russian Federation ranked #17 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Russian Federation's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023 was 18.45, so Russian Federation is above the world average. Within Europe & Central Asia, it ranks #2 of 53.
- What is Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to 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 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.OR.ZS), CC BY 4.0.