Viet Nam: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Viet Nam's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 7.14.
That's up 10.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Viet Nam ranks #125 globally out of 201 reporting countries. Within East Asia & Pacific, it ranks #15 of 32.
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
- 8.24
- Trough
- 4.04
- 1-year change
- +10.0%
- 5-year change
- -2.6%
- -0.5% / yr
- 10-year change
- +1.9%
- +0.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 7.1433 | |
| 6.4932 | |
| 6.7366 | |
| 6.0970 | |
| 7.1614 | |
| 7.3345 | |
| 7.9565 | |
| 7.5961 | |
| 8.2244 | |
| 7.4204 |
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 Viet Nam's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Viet Nam's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 7.14, according to World Bank Open Data.
- Is Viet Nam's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Viet Nam's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 10.0% from 2022 to 2023.
- How does Viet Nam rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Viet Nam ranked #125 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Viet Nam'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 Viet Nam is below the world average. Within East Asia & Pacific, it ranks #15 of 32.
- 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.