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

In , Venezuela, RB's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 0.16.

That's down 86.2% from 2022, the highest value since .

The global average for this indicator in 2023 was 2.46 . Venezuela, RB ranks #131 globally out of 186 reporting countries. Within Latin America & Caribbean, it ranks #15 of 34.

Source: World Bank Open Data (TX.VAL.MRCH.R4.ZS) • Data as of 2023

Trend (2004–2023)

Venezuela, RB Merchandise exports to low- and middle-income economies in Middle East & North Africa (% 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
1.45
Trough
0.00
1-year change
-86.2%
5-year change
-81.9%
-28.9% / yr
10-year change
+1,037.5%
+27.5% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)
0.1645
1.1919
0.3975
0.0357
0.1658
0.9070
1.4468
0.0932
0.0050
0.0051

About Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.R4.ZSCategory: Trade & Finance

Frequently asked questions

What was Venezuela, RB's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023?
In 2023, Venezuela, RB's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 0.16, according to World Bank Open Data.
Is Venezuela, RB's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rising or falling?
Venezuela, RB's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) fell 86.2% from 2022 to 2023.
How does Venezuela, RB rank globally on Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)?
In 2023, Venezuela, RB ranked #131 out of 186 countries reporting Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports).
How does Venezuela, RB's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023 was 2.46, so Venezuela, RB is below the world average. Within Latin America & Caribbean, it ranks #15 of 34.
What is Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.R4.ZS), CC BY 4.0.