Least developed countries vs Russia: Merchandise exports to low- and middle-income economies in Latin

Least developed countries
0.7%
in 2023
Russia
3.3%
in 2023
Least developed countries rank
45th
Russia rank
44th

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

  • Least developed countries
  • Russia
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How they compare

Russia currently reports 3.3% against 0.7% in Least developed countries, a difference of 2.6%.

That makes Russia's figure about 5.1 times Least developed countries's.

The two have swapped places 6 times across 32 shared years of data; in 1992 it was Russia ahead.

Least developed countries ranks 45th and Russia ranks 44th of 47 groups.

Across the 4 decades both report, Least developed countries averaged higher in 2 and Russia in 2.

Head to head by decade

Decade Least developed countries Russia Difference Ahead
1990s 1.5% 0.8% 0.7% Least developed countries
2000s 0.8% 0.7% 0.1% Least developed countries
2010s 0.7% 1.2% 0.4% Russia
2020s 0.5% 2.3% 1.8% Russia

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, Least developed countries or Russia?
Russia, at 3.3% against 0.7% in Least developed countries as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in latin between Least developed countries and Russia?
2.6%, with Russia ahead.
How many years of comparable data are there for Least developed countries and Russia?
32 years are reported by both, from 1992 to 2023.
How do Least developed countries and Russia rank globally for merchandise exports to low- and middle-income economies in latin?
Least developed countries ranks 45th and Russia ranks 44th of 47 groups.
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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Least developed countries vs Russia: 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/least-developed-countries-un-classification/russian-federation/

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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.