United States: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , United States's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 38.87.
That's down 2.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . United States ranks #31 globally out of 201 reporting countries. Within North America, it ranks #1 of 3.
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
- 40.72
- Trough
- 30.54
- 1-year change
- -2.2%
- 5-year change
- -0.1%
- 0.0% / yr
- 10-year change
- +0.5%
- +0.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 38.8686 | |
| 39.7486 | |
| 40.7209 | |
| 38.9653 | |
| 38.1727 | |
| 38.9096 | |
| 39.3040 | |
| 38.6063 | |
| 38.4012 | |
| 38.9300 |
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 United States's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, United States's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 38.87, according to World Bank Open Data.
- Is United States's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- United States's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 2.2% from 2022 to 2023.
- How does United States rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, United States ranked #31 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does United States'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 United States is above the world average. Within North America, it ranks #1 of 3.
- 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.