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

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

That's down 65.4% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.93 . Venezuela, RB ranks #76 globally out of 199 reporting countries. Within Latin America & Caribbean, it ranks #9 of 36.

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

Trend (2004–2023)

Venezuela, RB 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
47.12
Trough
0.04
1-year change
-65.4%
5-year change
-89.6%
-36.4% / yr
10-year change
-87.7%
-18.9% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
2.2343
6.4589
3.3477
47.1161
35.4628
21.4112
18.2832
19.2906
18.3691
18.6241

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 Venezuela, RB's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023?
In 2023, Venezuela, RB'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 Venezuela, RB's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rising or falling?
Venezuela, RB's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) fell 65.4% from 2022 to 2023.
How does Venezuela, RB rank globally on Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
In 2023, Venezuela, RB ranked #76 out of 199 countries reporting Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports).
How does Venezuela, RB'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 Venezuela, RB is below the world average. Within Latin America & Caribbean, it ranks #9 of 36.
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.