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Russian Federation: Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

In , Russian Federation's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 1.72.

That's down 33.6% from 2022, the highest value since .

The global average for this indicator in 2023 was 5.08 . Russian Federation ranks #106 globally out of 199 reporting countries. Within Europe & Central Asia, it ranks #15 of 53.

Source: World Bank Open Data (TM.VAL.MRCH.R3.ZS) • Data as of 2023

Trend (2004–2023)

Russian Federation Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) 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
4.11
Trough
1.72
1-year change
-33.6%
5-year change
-42.3%
-10.4% / yr
10-year change
-37.2%
-4.5% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
1.7217
2.5917
2.6237
2.7248
2.7828
2.9831
3.2208
3.4133
3.7489
3.1096

About Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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: TM.VAL.MRCH.R3.ZSCategory: Trade & Finance

Frequently asked questions

What was Russian Federation's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023?
In 2023, Russian Federation's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 1.72, according to World Bank Open Data.
Is Russian Federation's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rising or falling?
Russian Federation's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) fell 33.6% from 2022 to 2023.
How does Russian Federation rank globally on Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)?
In 2023, Russian Federation ranked #106 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports).
How does Russian Federation's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023 was 5.08, so Russian Federation is below the world average. Within Europe & Central Asia, it ranks #15 of 53.
What is Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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 (TM.VAL.MRCH.R3.ZS), CC BY 4.0.