South Korea vs Low income: Merchandise exports to low- and middle-income economies in Latin

South Korea
3.3%
in 2023
Low income
0.1%
in 2023
South Korea rank
45th
Low income rank
47th

Merchandise exports to low- and middle-income economies in Latin over time

  • South Korea
  • Low income
0246196019912023

How they compare

South Korea currently reports 3.3% against 0.1% in Low income, a difference of 3.2%.

That makes South Korea's figure about 51.1 times Low income's.

The two have swapped places 8 times across 58 shared years of data; in 1965 it was South Korea ahead.

South Korea ranks 45th and Low income ranks 47th of 203 countries.

Across the 7 decades both report, South Korea averaged higher in 6 and Low income in 1.

Head to head by decade

Decade South Korea Low income Difference Ahead
1960s 0.1% 0.1% 0.0% Low income
1970s 0.4% 0.2% 0.1% South Korea
1980s 1.1% 0.4% 0.7% South Korea
1990s 3.2% 1.5% 1.7% South Korea
2000s 3.7% 0.8% 2.9% South Korea
2010s 4.3% 0.4% 3.9% South Korea
2020s 3.2% 0.1% 3.1% South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies in latin, South Korea or Low income?
South Korea, at 3.3% against 0.1% in Low income as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in latin between South Korea and Low income?
3.2%, with South Korea ahead.
How many years of comparable data are there for South Korea and Low income?
58 years are reported by both, from 1965 to 2023.
How do South Korea and Low income rank globally for merchandise exports to low- and middle-income economies in latin?
South Korea ranks 45th and Low income ranks 47th of 203 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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South Korea vs Low income: Merchandise exports to low- and middle-income economies in Latin. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-latin-america-and-the-caribbean/korea-rep/low-income/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
250 places, 11,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.