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Trinidad and Tobago: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

In , Trinidad and Tobago's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 15.37.

That's down 28.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 22.36 . Trinidad and Tobago ranks #127 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #24 of 36.

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

Trend (2004–2023)

Trinidad and Tobago Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) 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
29.99
Trough
12.16
1-year change
-28.3%
5-year change
-19.8%
-4.3% / yr
10-year change
-35.6%
-4.3% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
15.3714
21.4520
18.6133
18.0895
21.4538
19.1676
21.7809
20.6704
24.1446
29.9931

About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from 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 imports 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: TM.VAL.MRCH.OR.ZSCategory: Trade & Finance

Frequently asked questions

What was Trinidad and Tobago's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
In 2023, Trinidad and Tobago's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 15.37, according to World Bank Open Data.
Is Trinidad and Tobago's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
Trinidad and Tobago's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 28.3% from 2022 to 2023.
How does Trinidad and Tobago rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
In 2023, Trinidad and Tobago ranked #127 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
How does Trinidad and Tobago's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Trinidad and Tobago is below the world average. Within Latin America & Caribbean, it ranks #24 of 36.
What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from 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 imports 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 (TM.VAL.MRCH.OR.ZS), CC BY 4.0.