List of countries by trade-to-GDP ratio

World map by trade as a share of GDP.[1]

This is the list of countries by trade-to-GDP ratio, i.e. the sum of exports and imports of goods and services, divided by gross domestic product, expressed as a percentage, based on the data published by World Bank. The trade-to-GDP ratio is also known as the "trade openness index".[1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.

List of countries by trade-to-GDP ratio

The following table provides information on exports[2] and imports[3] of goods and services, based on the data published by World Bank, trade openness index, calculated as their sum, and the ratio between exports and imports.

Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.

Country/Territory/Region/Group Exports
(% of GDP)
Imports
(% of GDP)
Trade
Openness
Index
(% of GDP)
Export/
Import
ratio
Year
United Nations WORLD 30.96% 30.48% 61.44% 1.02 2022
 Aruba 83.12% 77.33% 160.46% 1.07 2022
 Afghanistan 14.34% 37.07% 51.41% 0.39 2021
 Angola 43.42% 24.75% 68.17% 1.75 2022
 Albania 37.40% 47.75% 85.15% 0.78 2022
 United Arab Emirates 95.93% 70.65% 166.57% 1.36 2020
 Argentina 16.30% 15.35% 31.65% 1.06 2022
 Armenia 50.01% 50.99% 101.01% 0.98 2022
 American Samoa 46.96% 77.73% 124.68% 0.60 2022
 Antigua and Barbuda 54.69% 62.94% 117.63% 0.87 2022
 Australia 25.43% 19.71% 45.14% 1.29 2022
 Austria 62.08% 61.60% 123.69% 1.01 2022
 Azerbaijan 60.05% 27.03% 87.08% 2.22 2022
 Burundi 4.97% 23.34% 28.32% 0.21 2022
 Belgium 95.73% 97.36% 193.09% 0.98 2022
 Benin 21.65% 29.28% 50.93% 0.74 2022
 Burkina Faso 31.75% 33.10% 64.85% 0.96 2022
 Bangladesh 12.88% 20.90% 33.78% 0.62 2022
 Bulgaria 69.19% 68.99% 138.18% 1.00 2022
 Bahrain 89.68% 70.19% 159.87% 1.28 2021
 Bahamas 37.53% 42.67% 80.20% 0.88 2022
 Bosnia and Herzegovina 48.25% 62.04% 110.28% 0.78 2022
 Belarus 63.71% 57.87% 121.58% 1.10 2022
 Belize 52.37% 55.58% 107.95% 0.94 2022
 Bermuda 52.35% 25.98% 78.33% 2.01 2022
 Bolivia 32.61% 35.14% 67.76% 0.93 2022
 Brazil 20.05% 19.29% 39.34% 1.04 2022
 Barbados 35.13% 43.22% 78.35% 0.81 2022
 Brunei Darussalam 86.39% 60.58% 146.97% 1.43 2022
 Bhutan 29.20% 48.38% 77.58% 0.60 2021
 Botswana 43.47% 42.00% 85.47% 1.04 2022
 Central African Republic 12.30% 32.93% 45.23% 0.37 2022
 Canada 33.79% 33.65% 67.44% 1.00 2022
 Switzerland 76.94% 63.23% 140.17% 1.22 2022
 Chile 35.67% 39.35% 75.02% 0.91 2022
 China 20.68% 17.47% 38.14% 1.18 2022
 Cote d'Ivoire 24.84% 27.49% 52.34% 0.90 2022
 Cameroon 19.29% 22.00% 41.29% 0.88 2022
 Congo, Dem. Rep. 46.19% 48.97% 95.16% 0.94 2022
 Congo 63.81% 34.35% 98.16% 1.86 2022
 Colombia 20.58% 27.78% 48.37% 0.74 2022
 Comoros 12.72% 35.07% 47.78% 0.36 2022
 Cape Verde 40.96% 56.71% 97.67% 0.72 2022
 Costa Rica 40.57% 39.09% 79.66% 1.04 2022
 Cuba 40.01% 48.79% 88.80% 0.82 2022
 Curacao 63.25% 92.02% 155.27% 0.69 2018
 Cayman Islands 59.72% 45.91% 105.62% 1.30 2020
 Cyprus 95.04% 94.72% 189.76% 1.00 2022
 Czechia 76.45% 75.48% 151.93% 1.01 2022
 Germany 50.92% 48.96% 99.88% 1.04 2022
 Djibouti 169.00% 171.19% 340.19% 0.99 2022
 Dominica 29.19% 77.77% 106.96% 0.38 2018
 Denmark 70.01% 58.92% 128.93% 1.19 2022
 Dominican Republic 22.06% 32.17% 54.23% 0.69 2022
 Algeria 35.34% 23.71% 59.04% 1.49 2022
 Ecuador 29.17% 28.52% 57.69% 1.02 2022
 Egypt 15.09% 21.90% 36.98% 0.69 2022
 Eritrea 18.15% 29.24% 47.39% 0.62 2011
 Spain 40.87% 39.66% 80.54% 1.03 2022
 Estonia 85.50% 86.07% 171.57% 0.99 2022
 Ethiopia 8.25% 18.32% 26.57% 0.45 2022
 Finland 45.30% 47.69% 92.99% 0.95 2022
 Fiji 48.07% 69.19% 117.26% 0.69 2022
 France 34.69% 38.56% 73.25% 0.90 2022
 Faroe Islands 62.40% 62.51% 124.91% 1.00 2022
 Micronesia 31.84% 75.94% 107.78% 0.42 2022
 Gabon 61.38% 16.60% 77.99% 3.70 2022
 United Kingdom 33.27% 35.98% 69.26% 0.92 2022
 Georgia 52.91% 62.73% 115.64% 0.84 2022
 Ghana 34.90% 35.69% 70.59% 0.98 2022
 Guinea 43.67% 63.81% 107.48% 0.68 2022
 Gambia 4.57% 30.77% 35.34% 0.15 2022
 Guinea-Bissau 14.39% 29.25% 43.64% 0.49 2020
 Equatorial Guinea 51.80% 35.72% 87.52% 1.45 2022
 Greece 49.14% 58.86% 108.00% 0.83 2022
 Greenland 35.44% 49.72% 85.15% 0.71 2021
 Guatemala 19.02% 35.65% 54.67% 0.53 2022
 Guam 3.04% 59.89% 62.93% 0.05 2021
 Guyana 84.62% 109.73% 194.35% 0.77 2005
 Hong Kong 193.86% 189.93% 383.79% 1.02 2022
 Honduras 41.92% 69.16% 111.07% 0.61 2022
 Croatia 59.17% 65.35% 124.52% 0.91 2022
 Haiti 7.24% 29.29% 36.53% 0.25 2022
 Hungary 91.21% 95.52% 186.72% 0.95 2022
 Indonesia 24.49% 20.90% 45.39% 1.17 2022
 India 22.79% 26.44% 49.23% 0.86 2022
 Ireland 137.09% 97.18% 234.27% 1.41 2022
 Iran 26.82% 24.78% 51.60% 1.08 2022
 Iraq 37.68% 24.41% 62.10% 1.54 2021
 Iceland 46.58% 46.99% 93.57% 0.99 2022
 Israel 31.73% 28.78% 60.50% 1.10 2022
 Italy 36.63% 38.15% 74.78% 0.96 2022
 Jamaica 38.04% 52.07% 90.11% 0.73 2019
 Jordan 36.67% 49.15% 85.82% 0.75 2019
 Japan 21.57% 25.40% 46.97% 0.85 2022
 Kazakhstan 41.78% 26.33% 68.11% 1.59 2022
 Kenya 12.22% 21.51% 33.73% 0.57 2022
 Kyrgyzstan 31.60% 67.27% 98.88% 0.47 2018
 Cambodia 68.34% 54.85% 123.19% 1.25 2022
 Kiribati 9.63% 96.27% 105.90% 0.10 2022
 South Korea 48.27% 48.26% 96.54% 1.00 2022
 Kuwait 53.29% 44.89% 98.18% 1.19 2019
 Laos 33.21% 41.88% 75.09% 0.79 2016
 Lebanon 26.03% 52.80% 78.83% 0.49 2021
 Libya 42.84% 35.37% 78.21% 1.21 2019
 Sri Lanka 21.48% 25.04% 46.52% 0.86 2022
 Lesotho 48.34% 100.85% 149.19% 0.48 2022
 Lithuania 86.85% 88.86% 175.70% 0.98 2022
 Luxembourg 211.28% 177.24% 388.51% 1.19 2022
 Latvia 71.99% 76.52% 148.50% 0.94 2022
 Macao 87.28% 90.65% 177.93% 0.96 2022
 Morocco 44.81% 56.31% 101.12% 0.80 2022
 Moldova 41.24% 69.49% 110.73% 0.59 2022
 Madagascar 30.37% 39.23% 69.60% 0.77 2022
 Mexico 42.64% 45.47% 88.11% 0.94 2022
 Marshall Islands 46.27% 73.67% 119.94% 0.63 2022
 North Macedonia 74.89% 95.92% 170.82% 0.78 2022
 Mali 29.06% 39.77% 68.83% 0.73 2022
 Malta 165.29% 152.45% 317.75% 1.08 2022
 Montenegro 51.53% 74.37% 125.90% 0.69 2022
 Mongolia 65.06% 71.27% 136.33% 0.91 2022
 Northern Mariana Islands 14.92% 62.47% 77.39% 0.24 2020
 Mauritania 49.15% 54.81% 103.95% 0.90 2022
 Mauritius 56.66% 62.78% 119.44% 0.90 2022
 Malaysia 76.95% 69.71% 146.66% 1.10 2022
 Namibia 36.74% 55.03% 91.77% 0.67 2022
 New Caledonia 21.01% 37.92% 58.93% 0.55 2017
 Niger 8.72% 26.58% 35.30% 0.33 2022
 Nigeria 9.24% 16.92% 26.17% 0.55 1960
 Nicaragua 49.78% 65.40% 115.18% 0.76 2022
 Netherlands 93.75% 82.96% 176.71% 1.13 2022
 Norway 55.66% 27.31% 82.97% 2.04 2022
 Nepal 6.76% 42.64% 49.40% 0.16 2022
 Nauru 55.50% 114.83% 170.33% 0.48 2022
 New Zealand 24.24% 29.56% 53.81% 0.82 2022
 Oman 52.53% 41.39% 93.92% 1.27 2021
 Pakistan 10.55% 22.50% 33.05% 0.47 2022
 Panama 41.80% 45.62% 87.43% 0.92 2017
 Peru 29.32% 29.09% 58.41% 1.01 2022
 Philippines 28.39% 44.03% 72.42% 0.64 2022
 Papua New Guinea 72.16% 58.92% 131.08% 1.22 2004
 Poland 62.69% 61.25% 123.93% 1.02 2022
 Puerto Rico 52.71% 45.41% 98.11% 1.16 2022
 Portugal 49.60% 52.01% 101.61% 0.95 2022
 Paraguay 34.48% 39.38% 73.85% 0.88 2022
 Palestine 18.54% 67.36% 85.90% 0.28 2022
 French Polynesia 21.10% 46.13% 67.23% 0.46 2022
 Qatar 68.44% 31.54% 99.98% 2.17 2022
 Romania 42.97% 49.84% 92.82% 0.86 2022
 Russian Federation 28.19% 15.59% 43.77% 1.81 2022
 Rwanda 22.49% 38.68% 61.17% 0.58 2022
 Saudi Arabia 40.22% 23.29% 63.51% 1.73 2022
 Sudan 1.57% 1.13% 2.70% 1.39 2022
 Senegal 26.96% 52.91% 79.87% 0.51 2022
 Singapore 186.55% 150.31% 336.86% 1.24 2022
 Solomon Islands 27.94% 32.28% 60.22% 0.87 2020
 Sierra Leone 31.88% 56.22% 88.09% 0.57 2022
 El Salvador 31.18% 55.62% 86.80% 0.56 2022
 San Marino 184.31% 158.16% 342.47% 1.17 2021
 Somalia 17.31% 78.53% 95.84% 0.22 2022
 Serbia 63.84% 74.81% 138.65% 0.85 2022
 South Sudan 36.65% 28.90% 65.55% 1.27 2015
 Suriname 52.55% 38.41% 90.96% 1.37 2010
 Slovakia 99.36% 104.76% 204.12% 0.95 2022
 Slovenia 94.15% 91.88% 186.03% 1.02 2022
 Sweden 52.80% 49.87% 102.67% 1.06 2022
 Eswatini 43.83% 47.59% 91.42% 0.92 2022
 Seychelles 111.46% 121.61% 233.07% 0.92 2022
 Syria 24.80% 73.06% 97.85% 0.34 2021
 Chad 51.19% 39.57% 90.76% 1.29 2022
 Togo 23.97% 33.87% 57.84% 0.71 2022
 Thailand 65.78% 68.10% 133.88% 0.97 2022
 Tajikistan 24.18% 47.64% 71.83% 0.51 2021
 Turkmenistan 20.56% 12.50% 33.06% 1.65 2021
 Timor-Leste 55.68% 41.96% 97.64% 1.33 2022
 Tonga 12.52% 60.84% 73.37% 0.21 2021
 Tunisia 49.36% 61.38% 110.74% 0.80 2022
 Turkey 38.58% 42.59% 81.17% 0.91 2022
 Tanzania 15.42% 19.60% 35.02% 0.79 2022
 Uganda 12.02% 22.48% 34.51% 0.53 2022
 Ukraine 35.46% 52.25% 87.71% 0.68 2022
 Uruguay 31.32% 25.87% 57.19% 1.21 2022
 United States 10.89% 14.59% 25.48% 0.75 2021
 Uzbekistan 27.27% 44.31% 71.58% 0.62 2022
 Venezuela 16.69% 31.40% 48.09% 0.53 2014
 U.S. Virgin Islands 91.70% 91.47% 183.17% 1.00 2021
 Viet Nam 93.99% 91.74% 185.73% 1.02 2022
 Vanuatu 14.82% 53.69% 68.51% 0.28 2022
 Samoa 12.27% 52.72% 64.98% 0.23 2022
 Kosovo 38.45% 71.06% 109.51% 0.54 2022
 Yemen 8.76% 50.15% 58.90% 0.17 2018
 South Africa 33.54% 31.52% 65.06% 1.06 2022
 Zambia 40.19% 29.10% 69.30% 1.38 2022
 Zimbabwe 27.96% 37.00% 64.96% 0.76 2022
Pacific island small states 36.90% 65.58% 102.48% 0.56 2022
Least developed countries: UN classification 22.58% 31.94% 54.51% 0.71 2022
Low & middle income (WB) 26.31% 25.36% 51.67% 1.04 2022
Low-income 21.78% 36.33% 58.11% 0.60 2022
Middle-income (WB) 26.39% 25.21% 51.60% 1.05 2022
Lower middle income (WB) 27.81% 32.19% 60.00% 0.86 2022
Upper middle income (WB) 26.09% 23.38% 49.47% 1.12 2022
High-income 33.92% 33.82% 67.73% 1.00 2022
European Union 56.31% 54.50% 110.81% 1.03 2022
OECD (Organisation for Economic Cooperation and Development) 30.44% 31.72% 62.16% 0.96 2022

References

  1. ^ a b Our World in Data. "Trade as a share of GDP". ourworldindata.org. Retrieved 2024-01-10.
  2. ^ World Bank. "Exports of goods and services (% of GDP)". data.worldbank.org. Retrieved 2024-01-10.
  3. ^ World Bank. "Imports of goods and services (% of GDP)". data.worldbank.org. Retrieved 2024-01-10.
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