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United States: Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)

In , United States's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 2.23.

That's down 14.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.93 . United States ranks #77 globally out of 199 reporting countries. Within North America, it ranks #1 of 2.

Source: World Bank Open Data (TX.VAL.MRCH.R5.ZS) • Data as of 2023

Trend (2004–2023)

United States Merchandise exports to low- and middle-income economies in South Asia (% 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
2.67
Trough
1.05
1-year change
-14.8%
5-year change
-6.9%
-1.4% / yr
10-year change
+35.4%
+3.1% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
2.2308
2.6182
2.6668
2.3099
2.4652
2.3961
2.0288
1.7980
1.6819
1.5731

About Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.R5.ZSCategory: Trade & Finance

Frequently asked questions

What was United States's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023?
In 2023, United States's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 2.23, according to World Bank Open Data.
Is United States's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rising or falling?
United States's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) fell 14.8% from 2022 to 2023.
How does United States rank globally on Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
In 2023, United States ranked #77 out of 199 countries reporting Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports).
How does United States's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023 was 4.93, so United States is below the world average. Within North America, it ranks #1 of 2.
What is Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.R5.ZS), CC BY 4.0.