Italy vs Venezuela: Merchandise exports to low- and middle-income economies outside region

Italy
11.9%
in 2023
Venezuela
12.8%
in 2023
Italy rank
99th
Venezuela rank
96th

Merchandise exports to low- and middle-income economies outside region over time

  • Italy
  • Venezuela
0204060196019912023

How they compare

Venezuela currently reports 12.8% against 11.9% in Italy, a difference of 0.9%.

That makes Venezuela's figure about 1.1 times Italy's.

The two have swapped places 1 time across 60 shared years of data; in 1960 it was Italy ahead.

Italy ranks 99th and Venezuela ranks 96th of 206 countries.

Across the 7 decades both report, Italy averaged higher in 5 and Venezuela in 2.

Head to head by decade

Decade Italy Venezuela Difference Ahead
1960s 16.6% 0.9% 15.7% Italy
1970s 16.3% 0.6% 15.7% Italy
1980s 15.7% 1.1% 14.7% Italy
1990s 10.6% 0.5% 10.1% Italy
2000s 10.9% 3.5% 7.4% Italy
2010s 13.5% 35.7% 22.2% Venezuela
2020s 11.6% 37.4% 25.8% Venezuela

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies outside region, Italy or Venezuela?
Venezuela, at 12.8% against 11.9% in Italy as of 2023.
What is the difference in merchandise exports to low- and middle-income economies outside region between Italy and Venezuela?
0.9%, with Venezuela ahead.
How many years of comparable data are there for Italy and Venezuela?
60 years are reported by both, from 1960 to 2023.
How do Italy and Venezuela rank globally for merchandise exports to low- and middle-income economies outside region?
Italy ranks 99th and Venezuela ranks 96th of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Venezuela: Merchandise exports to low- and middle-income economies outside region. 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-outside-region-percent-of-total/italy/venezuela-rb/

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About this data

Indicator
Merchandise exports to low- and middle-income economies outside region (% 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
253 places, 12,864 data points, 1960–2023
Last refreshed

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.