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Somalia, Fed. Rep.: Merchandise exports to economies in the Arab World (% of total merchandise exports)

In , Somalia, Fed. Rep.'s Merchandise exports to economies in the Arab World (% of total merchandise exports) was 90.84.

That's up 3.2% from 2022, the highest value since .

The global average for this indicator in 2023 was 7.65 . Somalia, Fed. Rep. ranks #1 globally out of 196 reporting countries. Within Sub-Saharan Africa, it ranks #1 of 47.

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

Trend (2004–2023)

Somalia, Fed. Rep. Merchandise exports to economies in the Arab World (% 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
94.71
Trough
76.57
1-year change
+3.2%
5-year change
+13.1%
+2.5% / yr
10-year change
+3.2%
+0.3% / yr

Historical Data — Last 10 Years

Year Merchandise exports to economies in the Arab World (% of total merchandise exports)
90.8381
88.0366
79.4085
79.9815
79.8435
80.3380
86.0611
86.9003
89.3700
76.5750

About Merchandise exports to economies in the Arab World (% of total merchandise exports)

Merchandise exports to economies in the Arab World are the sum of merchandise exports by the reporting economy to economies in the Arab World. 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.AL.ZSCategory: Trade & Finance

Frequently asked questions

What was Somalia, Fed. Rep.'s Merchandise exports to economies in the Arab World (% of total merchandise exports) in 2023?
In 2023, Somalia, Fed. Rep.'s Merchandise exports to economies in the Arab World (% of total merchandise exports) was 90.84, according to World Bank Open Data.
Is Somalia, Fed. Rep.'s Merchandise exports to economies in the Arab World (% of total merchandise exports) rising or falling?
Somalia, Fed. Rep.'s Merchandise exports to economies in the Arab World (% of total merchandise exports) rose 3.2% from 2022 to 2023.
How does Somalia, Fed. Rep. rank globally on Merchandise exports to economies in the Arab World (% of total merchandise exports)?
In 2023, Somalia, Fed. Rep. ranked #1 out of 196 countries reporting Merchandise exports to economies in the Arab World (% of total merchandise exports).
How does Somalia, Fed. Rep.'s Merchandise exports to economies in the Arab World (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to economies in the Arab World (% of total merchandise exports) in 2023 was 7.65, so Somalia, Fed. Rep. is above the world average. Within Sub-Saharan Africa, it ranks #1 of 47.
What is Merchandise exports to economies in the Arab World (% of total merchandise exports) and how is it measured?
Merchandise exports to economies in the Arab World are the sum of merchandise exports by the reporting economy to economies in the Arab World. 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.
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Source: World Bank Open Data (TX.VAL.MRCH.AL.ZS), CC BY 4.0.