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Venezuela, RB: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)

In , Venezuela, RB's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 7.77.

That's down 49.2% from 2022, the highest value since .

The global average for this indicator in 2023 was 14.77 . Venezuela, RB ranks #84 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #10 of 35.

Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS) • Data as of 2023

Trend (2004–2023)

Venezuela, RB Merchandise exports to low- and middle-income economies in East Asia & Pacific (% 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
26.37
Trough
0.46
1-year change
-49.2%
5-year change
-54.3%
-14.5% / yr
10-year change
-53.9%
-7.4% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
7.7674
15.2878
26.1001
15.1724
26.3746
16.9957
18.0336
16.5921
15.3829
15.5979

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

Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.R1.ZSCategory: Trade & Finance

Frequently asked questions

What was Venezuela, RB's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
In 2023, Venezuela, RB's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 7.77, according to World Bank Open Data.
Is Venezuela, RB's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
Venezuela, RB's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) fell 49.2% from 2022 to 2023.
How does Venezuela, RB rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
In 2023, Venezuela, RB ranked #84 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
How does Venezuela, RB's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Venezuela, RB is below the world average. Within Latin America & Caribbean, it ranks #10 of 35.
What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.R1.ZS), CC BY 4.0.