Trinidad and Tobago: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Trinidad and Tobago's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 12.92.
That's up 58.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Trinidad and Tobago ranks #95 globally out of 201 reporting countries. Within Latin America & Caribbean, it ranks #13 of 36.
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
- 29.60
- Trough
- 3.92
- 1-year change
- +58.3%
- 5-year change
- -56.4%
- -15.3% / yr
- 10-year change
- +181.8%
- +10.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 12.9159 | |
| 8.1596 | |
| 6.2886 | |
| 6.9848 | |
| 6.2951 | |
| 29.6038 | |
| 8.7881 | |
| 6.9558 | |
| 5.8216 | |
| 6.3522 |
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 Trinidad and Tobago's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Trinidad and Tobago's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 12.92, according to World Bank Open Data.
- Is Trinidad and Tobago's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Trinidad and Tobago's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 58.3% from 2022 to 2023.
- How does Trinidad and Tobago rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Trinidad and Tobago ranked #95 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Trinidad and Tobago'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 Trinidad and Tobago is below the world average. Within Latin America & Caribbean, it ranks #13 of 36.
- 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.