South Africa: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , South Africa's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 21.55.
That's up 9.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . South Africa ranks #63 globally out of 201 reporting countries. Within Sub-Saharan Africa, it ranks #25 of 48.
Source: World Bank Open Data (TX.VAL.MRCH.OR.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
- 22.78
- Trough
- 9.08
- 1-year change
- +9.9%
- 5-year change
- -2.8%
- -0.6% / yr
- 10-year change
- -5.4%
- -0.6% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 21.5493 | |
| 19.6070 | |
| 20.8499 | |
| 22.5594 | |
| 22.4396 | |
| 22.1618 | |
| 21.9209 | |
| 20.0769 | |
| 20.2015 | |
| 20.1663 |
About Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was South Africa's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, South Africa's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 21.55, according to World Bank Open Data.
- Is South Africa's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- South Africa's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 9.9% from 2022 to 2023.
- How does South Africa rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, South Africa ranked #63 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does South Africa's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023 was 18.45, so South Africa is above the world average. Within Sub-Saharan Africa, it ranks #25 of 48.
- What is Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. 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.
Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS), CC BY 4.0.