Somalia, Fed. Rep.: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
In , Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 0.71.
That's down 31.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 14.77 . Somalia, Fed. Rep. ranks #177 globally out of 204 reporting countries. Within Sub-Saharan Africa, it ranks #41 of 48.
Source: World Bank Open Data (TX.VAL.MRCH.R1.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
- 7.57
- Trough
- 0.33
- 1-year change
- -31.2%
- 5-year change
- -78.8%
- -26.7% / yr
- 10-year change
- -71.7%
- -11.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) |
|---|---|
| 0.7098 | |
| 1.0320 | |
| 2.3621 | |
| 1.8034 | |
| 3.1486 | |
| 3.3510 | |
| 2.4495 | |
| 1.8036 | |
| 3.5463 | |
| 4.1008 |
About Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.R1.ZS • Category: Trade & Finance
Frequently asked questions
- What was Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
- In 2023, Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 0.71, according to World Bank Open Data.
- Is Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
- Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) fell 31.2% from 2022 to 2023.
- How does Somalia, Fed. Rep. rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
- In 2023, Somalia, Fed. Rep. ranked #177 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
- How does Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Somalia, Fed. Rep. is below the world average. Within Sub-Saharan Africa, it ranks #41 of 48.
- What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.
Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS), CC BY 4.0.