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Sri Lanka: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

In , Sri Lanka's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 15.54.

That's up 11.0% from 2022, the highest value since .

The global average for this indicator in 2023 was 18.45 . Sri Lanka ranks #83 globally out of 201 reporting countries. Within South Asia, it ranks #3 of 6.

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

Trend (2004–2023)

Sri Lanka Merchandise exports to low- and middle-income economies outside region (% 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
17.05
Trough
8.25
1-year change
+11.0%
5-year change
-2.6%
-0.5% / yr
10-year change
-1.8%
-0.2% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
15.5435
14.0060
15.5412
16.0672
15.3842
15.9578
17.0491
15.5169
12.5612
15.8714

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Sri Lanka's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
In 2023, Sri Lanka's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 15.54, according to World Bank Open Data.
Is Sri Lanka's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
Sri Lanka's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 11.0% from 2022 to 2023.
How does Sri Lanka rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
In 2023, Sri Lanka ranked #83 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
How does Sri Lanka'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 Sri Lanka is below the world average. Within South Asia, it ranks #3 of 6.
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.
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Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS), CC BY 4.0.