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Trade & Finance

Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.

World Bank code: TM.VAL.MRCH.WR.ZS • Data available for 202 countries • Latest year: 2023

In , Korea, Dem. People's Rep. led Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) at 97.10.

The world median across 202 reporting countries was 13.09.

What this measures: Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.

How "Trade & Finance" indicators are measured

Trade and finance indicators are sourced from customs declarations, balance-of-payments statistics, and central bank reporting. Exports and imports are usually reported FOB (free on board) for exports and CIF (cost, insurance, freight) for imports, which means global exports and global imports rarely sum to zero. Foreign direct investment data can be volatile year-over-year because of one-off cross-border acquisitions.

Distribution — 2023

Reporting
202 countries
Median
13.09
Mean
19.71
25th percentile
3.93
75th percentile
30.06
Range
0.01 – 97.10

World at a Glance — 2023

Every reporting country, grouped by region, shaded by value (quintile).

East Asia & PacificAmerican Samoa: 30.18ASAustralia: 39.96AUBrunei Darussalam: 52.27BNCambodia: 80.93KHChina: 15.21CNFiji: 24.33FJFrench Polynesia: 28.30PFGuam: 11.61GUHong Kong SAR, China: 49.57HKIndonesia: 41.11IDJapan: 36.59JPKiribati: 35.97KIKorea, Dem. People's Rep.: 97.10KPKorea, Rep.: 32.86KRLao PDR: 81.87LAMacao SAR, China: 33.93MOMalaysia: 34.20MYMarshall Islands: 19.50MHMicronesia, Fed. Sts.: 12.38FMMongolia: 43.68MNMyanmar: 61.35MMNauru: 13.93NRNew Caledonia: 10.12NCNew Zealand: 32.41NZPalau: 14.40PWPapua New Guinea: 39.25PGPhilippines: 47.53PHSamoa: 24.62WSSingapore: 34.44SGSolomon Islands: 55.63SBThailand: 39.25THTimor-Leste: 55.09TLTonga: 30.06TOTuvalu: 6.29TVVanuatu: 30.48VUViet Nam: 46.29VNEurope & Central AsiaAlbania: 17.08ALArmenia: 5.69AMAustria: 3.38ATAzerbaijan: 23.37AZBelarus: 4.22BYBelgium: 1.36BEBosnia and Herzegovina: 17.61BABulgaria: 15.52BGCroatia: 11.44HRCyprus: 3.21CYCzechia: 3.01CZDenmark: 1.36DKEstonia: 2.01EEFaroe Islands: 6.79FOFinland: 1.21FIFrance: 2.12FRGeorgia: 26.61GEGermany: 2.75DEGibraltar: 0.89GIGreece: 12.23GRGreenland: 0.01GLHungary: 4.46HUIceland: 1.28ISIreland: 0.98IEItaly: 6.01ITKazakhstan: 9.20KZKosovo: 32.21XKKyrgyz Republic: 16.15KGLatvia: 3.75LVLithuania: 3.28LTLuxembourg: 0.97LUMoldova: 24.19MDMontenegro: 31.56MENetherlands: 1.59NLNorth Macedonia: 15.37MKNorway: 1.38NOPoland: 3.56PLPortugal: 1.94PTRomania: 11.25RORussian Federation: 19.38RUSan Marino: 1.66SMSerbia: 11.11RSSlovak Republic: 2.64SKSlovenia: 9.27SISpain: 3.54ESSweden: 1.30SESwitzerland: 4.71CHTajikistan: 28.65TJTurkiye: 4.23TRTurkmenistan: 45.24TMUkraine: 9.91UAUnited Kingdom: 2.27GBUzbekistan: 19.58UZLatin America & CaribbeanAntigua and Barbuda: 11.04AGArgentina: 34.37ARAruba: 10.42AWBahamas, The: 2.58BSBarbados: 7.19BBBelize: 24.64BZBolivia: 39.57BOBrazil: 10.92BRChile: 26.92CLColombia: 17.68COCosta Rica: 18.45CRCuba: 15.54CUCuracao: 13.28CWDominica: 13.09DMDominican Republic: 16.42DOEcuador: 21.54ECEl Salvador: 34.98SVGrenada: 7.09GDGuatemala: 29.16GTGuyana: 13.24GYHaiti: 14.11HTHonduras: 32.98HNJamaica: 16.64JMMexico: 3.95MXNicaragua: 50.79NIPanama: 26.45PAParaguay: 33.55PYPeru: 23.07PESint Maarten (Dutch part): 1.82SXSt. Kitts and Nevis: 10.18KNSt. Lucia: 3.27LCSt. Vincent and the Grenadines: 8.42VCSuriname: 8.64SRTrinidad and Tobago: 10.84TTUruguay: 39.26UYVenezuela, RB: 27.10VEMiddle East, North Africa, Afghanistan & PakistanAfghanistan: 21.02AFAlgeria: 3.61DZBahrain: 1.58BHDjibouti: 2.56DJEgypt, Arab Rep.: 1.08EGIran, Islamic Rep.: 0.85IRIraq: 4.87IQIsrael: 0.70ILJordan: 5.39JOKuwait: 3.28KWLebanon: 7.40LBLibya: 0.04LYMalta: 1.94MTMorocco: 2.17MAOman: 3.30OMPakistan: 2.17PKQatar: 1.83QASaudi Arabia: 3.93SASyrian Arab Republic: 21.73SYTunisia: 9.82TNUnited Arab Emirates: 3.27AEWest Bank and Gaza: 8.03PSYemen, Rep.: 3.86YESouth AsiaBangladesh: 15.41BDBhutan: 91.50BTIndia: 0.76INMaldives: 20.68MVNepal: 61.47NPSri Lanka: 21.56LKSub-Saharan AfricaAngola: 9.11AOBenin: 15.17BJBotswana: 84.08BWBurkina Faso: 27.66BFBurundi: 33.55BICabo Verde: 0.69CVCameroon: 7.33CMCentral African Republic: 31.60CFChad: 20.37TDComoros: 5.92KMCongo, Dem. Rep.: 19.56CDCongo, Rep.: 41.73CGCote d'Ivoire: 19.47CIEquatorial Guinea: 11.36GQEritrea: 3.80EREswatini: 76.00SZEthiopia: 1.74ETGabon: 3.04GAGambia, The: 10.02GMGhana: 7.01GHGuinea: 4.53GNGuinea-Bissau: 44.49GWKenya: 8.18KELesotho: 84.96LSLiberia: 33.97LRMadagascar: 8.12MGMalawi: 32.98MWMali: 62.50MLMauritania: 1.41MRMauritius: 14.86MUMozambique: 26.50MZNamibia: 43.07NANiger: 11.71NENigeria: 1.88NGRwanda: 24.21RWSao Tome and Principe: 34.14STSenegal: 13.10SNSeychelles: 10.53SCSierra Leone: 9.99SLSomalia, Fed. Rep.: 8.85SOSouth Africa: 8.08ZASouth Sudan: 64.85SSSudan: 4.02SDTanzania: 8.95TZTogo: 16.43TGUganda: 26.94UGZambia: 37.49ZMZimbabwe: 64.24ZW

Lighter = lower value · Darker = higher value. Hover a cell to see the country and value.

Highest Values — 2023

# Country Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
1 Korea, Dem. People's Rep. East Asia & Pacific 97.10
2 Bhutan South Asia 91.50
3 Lesotho Sub-Saharan Africa 84.96
4 Botswana Sub-Saharan Africa 84.08
5 Lao PDR East Asia & Pacific 81.87
6 Cambodia East Asia & Pacific 80.93
7 Eswatini Sub-Saharan Africa 76.00
8 South Sudan Sub-Saharan Africa 64.85
9 Zimbabwe Sub-Saharan Africa 64.24
10 Mali Sub-Saharan Africa 62.50

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Biggest Movers — Year over Year

Largest increases

Largest decreases

By Income Group — Average

Income group Countries Mean
High income 71 11.20
Upper middle income 54 19.09
Lower middle income 50 29.23
Low income 25 26.63
Not classified 2 14.42

By Region — Average

Region Countries Mean
East Asia & Pacific 36 37.30
Europe & Central Asia 53 9.33
Latin America & Caribbean 36 18.87
Middle East, North Africa, Afghanistan & Pakistan 23 4.98
South Asia 6 35.23
Sub-Saharan Africa 48 23.75

Lowest Values — 2023

# Country Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
1 Greenland 0.01
2 Libya 0.04
3 Cabo Verde 0.69
4 Israel 0.70
5 India 0.76
6 Iran, Islamic Rep. 0.85
7 Gibraltar 0.89
8 Luxembourg 0.97
9 Ireland 0.98
10 Egypt, Arab Rep. 1.08
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Source: World Bank Open Data (TM.VAL.MRCH.WR.ZS), CC BY 4.0. Rankings show countries with available data for 2023.