United States: Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
In , United States's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 3.24.
That's down 1.1% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.41 . United States ranks #63 globally out of 204 reporting countries. Within North America, it ranks #1 of 3.
Source: World Bank Open Data (TM.VAL.MRCH.R5.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
- 3.28
- Trough
- 1.60
- 1-year change
- -1.1%
- 5-year change
- +22.9%
- +4.2% / yr
- 10-year change
- +37.5%
- +3.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) |
|---|---|
| 3.2409 | |
| 3.2775 | |
| 3.1772 | |
| 2.7361 | |
| 2.8645 | |
| 2.6370 | |
| 2.5981 | |
| 2.6652 | |
| 2.5633 | |
| 2.4307 |
About Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia region 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.R5.ZS • Category: Trade & Finance
Frequently asked questions
- What was United States's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023?
- In 2023, United States's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 3.24, according to World Bank Open Data.
- Is United States's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rising or falling?
- United States's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) fell 1.1% from 2022 to 2023.
- How does United States rank globally on Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)?
- In 2023, United States ranked #63 out of 204 countries reporting Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports).
- How does United States's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023 was 4.41, so United States is below the world average. Within North America, it ranks #1 of 3.
- What is Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia region 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.
Source: World Bank Open Data (TM.VAL.MRCH.R5.ZS), CC BY 4.0.