South Africa: Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
In , South Africa's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 5.39.
That's down 3.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.93 . South Africa ranks #40 globally out of 199 reporting countries. Within Sub-Saharan Africa, it ranks #19 of 48.
Source: World Bank Open Data (TX.VAL.MRCH.R5.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
- 6.68
- Trough
- 1.74
- 1-year change
- -3.6%
- 5-year change
- -19.2%
- -4.2% / yr
- 10-year change
- +38.8%
- +3.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) |
|---|---|
| 5.3945 | |
| 5.5985 | |
| 5.1161 | |
| 5.4966 | |
| 6.3440 | |
| 6.6756 | |
| 6.5037 | |
| 5.4722 | |
| 4.9733 | |
| 4.9980 |
About Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.R5.ZS • Category: Trade & Finance
Frequently asked questions
- What was South Africa's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023?
- In 2023, South Africa's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 5.39, according to World Bank Open Data.
- Is South Africa's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rising or falling?
- South Africa's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) fell 3.6% from 2022 to 2023.
- How does South Africa rank globally on Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
- In 2023, South Africa ranked #40 out of 199 countries reporting Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports).
- How does South Africa's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023 was 4.93, so South Africa is above the world average. Within Sub-Saharan Africa, it ranks #19 of 48.
- What is Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.R5.ZS), CC BY 4.0.