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Tuvalu: Merchandise exports to high-income economies (% of total merchandise exports)

In , Tuvalu's Merchandise exports to high-income economies (% of total merchandise exports) was 84.56.

That's up 1.4% from 2022, the highest value on record.

The global average for this indicator in 2023 was 60.91 . Tuvalu ranks #41 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #5 of 36.

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

Trend (2004–2023)

Tuvalu Merchandise exports to high-income economies (% 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
84.56
Trough
5.42
1-year change
+1.4%
5-year change
+1,277.3%
+69.0% / yr
10-year change
+15.5%
+1.4% / yr

Historical Data — Last 10 Years

Year Merchandise exports to high-income economies (% of total merchandise exports)
84.5618
83.3706
68.4544
5.4215
6.6084
6.1395
51.0102
30.3769
51.8543
14.9027

About Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Tuvalu's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
In 2023, Tuvalu's Merchandise exports to high-income economies (% of total merchandise exports) was 84.56, according to World Bank Open Data.
Is Tuvalu's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
Tuvalu's Merchandise exports to high-income economies (% of total merchandise exports) rose 1.4% from 2022 to 2023.
How does Tuvalu rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
In 2023, Tuvalu ranked #41 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
How does Tuvalu's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Tuvalu is above the world average. Within East Asia & Pacific, it ranks #5 of 36.
What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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.HI.ZS), CC BY 4.0.