European Union vs South Korea: Merchandise exports to low- and middle-income economies within region
Merchandise exports to low- and middle-income economies within region over time
- European Union
- South Korea
How they compare
South Korea currently reports 35.1% against 3.6% in European Union, a difference of 31.5%.
That makes South Korea's figure about 9.7 times European Union's.
The two have swapped places 1 time across 63 shared years of data; in 1960 it was European Union ahead.
European Union ranks 45th and South Korea ranks 48th of 46 groups.
South Korea has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | European Union | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.6% | 5.8% | 5.2% | South Korea |
| 1970s | 0.7% | 2.7% | 2.0% | South Korea |
| 1980s | 0.7% | 3.7% | 3.0% | South Korea |
| 1990s | 1.6% | 14.8% | 13.2% | South Korea |
| 2000s | 2.4% | 26.6% | 24.2% | South Korea |
| 2010s | 3.1% | 37.8% | 34.6% | South Korea |
| 2020s | 3.2% | 39.2% | 36.0% | 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 within region, European Union or South Korea?
- South Korea, at 35.1% against 3.6% in European Union as of 2023.
- What is the difference in merchandise exports to low- and middle-income economies within region between European Union and South Korea?
- 31.5%, with South Korea ahead.
- How many years of comparable data are there for European Union and South Korea?
- 63 years are reported by both, from 1960 to 2023.
- How do European Union and South Korea rank globally for merchandise exports to low- and middle-income economies within region?
- European Union ranks 45th and South Korea ranks 48th of 46 groups.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies within region (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.