Merchandise imports from low- and middle-income economies in Latin in Russian Federation
Russian Federation: Merchandise imports from low- and middle-income economies in Latin was 1.7% in 2023. ▼ Falling
Merchandise imports from low- and middle-income economies in Latin in Russian Federation, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
Russian Federation recorded 1.7% for merchandise imports from low- and middle-income economies in latin in 2023. That is the lowest value across all 32 years on record.
Compared with earlier readings it is down 33.6% on the previous year and down 37.2% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Russian Federation peaked at 5.4% in 1999 and was at its lowest, 1.7%, in 2023.
Russian Federation ranks 107th of 206 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 32 years of available data.
Merchandise imports from low- and middle-income economies in Latin in Russian Federation, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1992 | 2.7% | — |
| 1993 | 2.5% | -5.1% |
| 1994 | 1.9% | -24.6% |
| 1995 | 2.0% | +5.4% |
| 1996 | 2.1% | +5.7% |
| 1997 | 2.6% | +24.0% |
| 1998 | 4.0% | +50.4% |
| 1999 | 5.4% | +36.4% |
| 2000 | 3.2% | -41.3% |
| 2001 | 5.2% | +62.8% |
| 2002 | 4.0% | -23.3% |
| 2003 | 4.2% | +6.4% |
| 2004 | 3.6% | -15.4% |
| 2005 | 4.0% | +11.7% |
| 2006 | 3.9% | -2.1% |
| 2007 | 3.5% | -10.2% |
| 2008 | 3.1% | -11.2% |
| 2009 | 4.1% | +31.4% |
| 2010 | 3.4% | -17.8% |
| 2011 | 3.2% | -4.6% |
| 2012 | 2.7% | -17.3% |
| 2013 | 2.7% | +2.8% |
| 2014 | 3.1% | +13.5% |
| 2015 | 3.7% | +20.6% |
| 2016 | 3.4% | -9.0% |
| 2017 | 3.2% | -5.6% |
| 2018 | 3.0% | -7.4% |
| 2019 | 2.8% | -6.7% |
| 2020 | 2.7% | -2.1% |
| 2021 | 2.6% | -3.7% |
| 2022 | 2.6% | -1.2% |
| 2023 | 1.7% | -33.6% |
Russian Federation compared with similar countries
- Russian Federation's 1.7% is above the median for high income countries, which is 1.5%, 1.1× the median. (74 countries reporting)
- Russian Federation's 1.7% is above the median for Europe & Central Asia, which is 1.2%, 1.4× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.9% | 1.9% | 5.4% | 8 |
| 2000s | 3.9% | 3.1% | 5.2% | 10 |
| 2010s | 3.1% | 2.7% | 3.7% | 10 |
| 2020s | 2.4% | 1.7% | 2.7% | 4 |
Countries ranked near Russian Federation
More private sector data for Russian Federation
- Merchandise trade 28.2% (2025)
- Food imports 10.9% (2021)
- Manufactures imports 79.8% (2021)
- Merchandise imports 302.71 billion current US$ (2025)
- Food exports 6.6% (2021)
- Manufactures exports 22.1% (2021)
- Merchandise exports 419.40 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,922 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1637 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -3.28 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Russian Federation?
- Merchandise imports from low- and middle-income economies in latin in Russian Federation was 1.7% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Russian Federation?
- The highest recorded value was 5.4% in 1999.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Russian Federation?
- The lowest recorded value was 1.7% in 2023.
- How does Russian Federation rank for merchandise imports from low- and middle-income economies in latin?
- Russian Federation ranks 107th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Russian Federation?
- Over the last ten years it is down 37.2%. The long-run trend across the full record is falling.
- Where does this Russian Federation data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed 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.