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Solomon Islands: Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)

In , Solomon Islands's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 0.28.

That's down 69.4% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.94 . Solomon Islands ranks #132 globally out of 192 reporting countries. Within East Asia & Pacific, it ranks #23 of 29.

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

Trend (2004–2023)

Solomon Islands Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% 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
1.97
Trough
0.01
1-year change
-69.4%
5-year change
+92.5%
+14.0% / yr
10-year change
-16.1%
-1.7% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
0.2806
0.9167
1.2737
0.1659
0.0243
0.1457
0.0903
0.1039
0.0273
0.1767

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

Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZSCategory: Trade & Finance

Frequently asked questions

What was Solomon Islands's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
In 2023, Solomon Islands's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 0.28, according to World Bank Open Data.
Is Solomon Islands's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
Solomon Islands's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) fell 69.4% from 2022 to 2023.
How does Solomon Islands rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
In 2023, Solomon Islands ranked #132 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
How does Solomon Islands's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023 was 4.94, so Solomon Islands is below the world average. Within East Asia & Pacific, it ranks #23 of 29.
What is Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS), CC BY 4.0.