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United Kingdom: Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)

In , United Kingdom's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 1.63.

That's up 5.4% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.94 . United Kingdom ranks #83 globally out of 192 reporting countries. Within Europe & Central Asia, it ranks #17 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.R3.ZS) • Data as of 2023

Trend (2004–2023)

United Kingdom Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins 2016: Brexit referendum
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins
  • 2016 · Brexit referendum

Highlights

Peak
1.74
Trough
1.01
1-year change
+5.4%
5-year change
+19.5%
+3.6% / yr
10-year change
+8.7%
+0.8% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
1.6270
1.5443
1.4036
1.3809
1.3975
1.3614
1.4611
1.4539
1.6051
1.5174

About Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are 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.R3.ZSCategory: Trade & Finance

Frequently asked questions

What was United Kingdom's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
In 2023, United Kingdom's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 1.63, according to World Bank Open Data.
Is United Kingdom's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
United Kingdom's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rose 5.4% from 2022 to 2023.
How does United Kingdom rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
In 2023, United Kingdom ranked #83 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
How does United Kingdom's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023 was 4.94, so United Kingdom is below the world average. Within Europe & Central Asia, it ranks #17 of 53.
What is Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are 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.R3.ZS), CC BY 4.0.