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Economy

Trade (% of GDP)

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

World Bank code: NE.TRD.GNFS.ZS • Data available for 190 countries • Latest year: 2024

In , Hong Kong SAR, China led Trade (% of GDP) at 359.51.

The world median across 160 reporting countries was 81.34.

What this measures: Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

How "Economy" indicators are measured

Economic indicators measure the size, structure, and dynamics of a country's economy. The World Bank collects data from national statistical offices, central banks, and the IMF, then normalizes it for cross-country comparison. Watch out for nominal versus real (inflation-adjusted) values: nominal figures in current US dollars are sensitive to exchange rate swings, while constant dollar series isolate real growth. Most macro indicators have a 1–2 year reporting lag.

Distribution — 2024

Reporting
160 countries
Median
81.34
Mean
92.19
25th percentile
51.22
75th percentile
113.79
Range
2.00 – 359.51

World at a Glance — 2024

Every reporting country, grouped by region, shaded by value (quintile).

East Asia & PacificAustralia: 47.15AUBrunei Darussalam: 132.59BNCambodia: 143.45KHChina: 37.20CNFrench Polynesia: 64.47PFHong Kong SAR, China: 359.51HKIndonesia: 42.57IDJapan: 46.41JPKorea, Rep.: 84.64KRMacao SAR, China: 142.08MOMalaysia: 137.36MYMarshall Islands: 123.81MHMicronesia, Fed. Sts.: 98.42FMMongolia: 138.45MNNauru: 165.85NRNew Caledonia: 40.37NCNew Zealand: 51.22NZPhilippines: 65.89PHSamoa: 79.52WSSingapore: 322.37SGSolomon Islands: 111.35SBThailand: 136.75THTimor-Leste: 95.45TLViet Nam: 173.86VNEurope & Central AsiaAlbania: 79.45ALArmenia: 150.06AMAustria: 108.83ATAzerbaijan: 82.69AZBelarus: 131.92BYBelgium: 158.93BEBosnia and Herzegovina: 95.16BABulgaria: 110.23BGCroatia: 104.91HRCyprus: 190.40CYCzechia: 131.48CZDenmark: 131.77DKEstonia: 151.04EEFaroe Islands: 105.75FOFinland: 83.46FIFrance: 68.11FRGeorgia: 103.46GEGermany: 79.09DEGreece: 89.78GRHungary: 146.50HUIceland: 85.97ISIreland: 246.17IEItaly: 62.82ITKazakhstan: 57.16KZKosovo: 113.79XKKyrgyz Republic: 127.65KGLatvia: 132.26LVLithuania: 143.05LTLuxembourg: 351.27LUMoldova: 88.67MDMontenegro: 109.94MENetherlands: 153.83NLNorth Macedonia: 136.32MKNorway: 81.36NOPoland: 100.36PLPortugal: 89.70PTRomania: 77.21RORussian Federation: 39.51RUSerbia: 111.73RSSlovak Republic: 171.21SKSlovenia: 155.66SISpain: 69.95ESSweden: 105.88SESwitzerland: 134.10CHTurkiye: 54.60TRTurkmenistan: 28.73TMUkraine: 77.75UAUnited Kingdom: 62.84GBUzbekistan: 60.73UZLatin America & CaribbeanArgentina: 27.93ARAruba: 160.37AWBahamas, The: 79.24BSBelize: 108.97BZBolivia: 46.98BOBrazil: 35.58BRChile: 63.86CLColombia: 37.03COCosta Rica: 71.33CRCuba: 124.86CUDominican Republic: 51.78DOEcuador: 57.20ECEl Salvador: 84.66SVGuatemala: 47.34GTHaiti: 22.25HTHonduras: 91.11HNMexico: 74.59MXNicaragua: 98.53NIPanama: 83.67PAParaguay: 76.83PYPeru: 51.48PEPuerto Rico (US): 94.62PRUruguay: 52.46UYVenezuela, RB: 26.08VEMiddle East, North Africa, Afghanistan & PakistanAlgeria: 40.13DZBahrain: 157.82BHDjibouti: 241.24DJEgypt, Arab Rep.: 39.60EGIran, Islamic Rep.: 52.06IRIraq: 70.71IQIsrael: 54.45ILJordan: 99.68JOLibya: 128.82LYMalta: 218.17MTMorocco: 92.19MAOman: 114.85OMPakistan: 27.58PKSaudi Arabia: 54.68SATunisia: 106.30TNWest Bank and Gaza: 81.31PSNorth AmericaBermuda: 75.29BMCanada: 65.15CAUnited States: 25.38USSouth AsiaBangladesh: 26.78BDIndia: 44.65INMaldives: 156.47MVNepal: 40.53NPSri Lanka: 42.40LKSub-Saharan AfricaAngola: 50.84AOBenin: 40.64BJBotswana: 71.11BWBurkina Faso: 60.50BFCabo Verde: 96.51CVCameroon: 34.40CMCentral African Republic: 46.43CFChad: 47.87TDComoros: 44.37KMCongo, Dem. Rep.: 100.55CDCongo, Rep.: 93.19CGCote d'Ivoire: 51.26CIEquatorial Guinea: 60.54GQEswatini: 107.48SZEthiopia: 17.40ETGabon: 92.05GAGambia, The: 42.17GMGhana: 69.79GHGuinea: 97.78GNGuinea-Bissau: 38.81GWKenya: 40.19KEMadagascar: 54.98MGMali: 49.90MLMauritania: 93.60MRMauritius: 145.42MUMozambique: 95.66MZNamibia: 109.63NANiger: 49.98NERwanda: 69.95RWSenegal: 68.14SNSeychelles: 188.37SCSierra Leone: 40.55SLSomalia, Fed. Rep.: 130.33SOSouth Africa: 61.65ZASudan: 2.00SDTanzania: 41.51TZUganda: 42.65UGZambia: 62.53ZMZimbabwe: 41.49ZW

Lighter = lower value · Darker = higher value. Hover a cell to see the country and value.

Highest Values — 2024

# Country Trade (% of GDP)
1 Hong Kong SAR, China East Asia & Pacific 359.51
2 Luxembourg Europe & Central Asia 351.27
3 Singapore East Asia & Pacific 322.37
4 Ireland Europe & Central Asia 246.17
5 Djibouti Middle East, North Africa, Afghanistan & Pakistan 241.24
6 Malta Middle East, North Africa, Afghanistan & Pakistan 218.17
7 Cyprus Europe & Central Asia 190.40
8 Seychelles Sub-Saharan Africa 188.37
9 Viet Nam East Asia & Pacific 173.86
10 Slovak Republic Europe & Central Asia 171.21

Looking for a specific country? Only the top and bottom 10 appear here. See where every country ranks for Trade (% of GDP).

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Biggest Movers — Year over Year

Largest increases

Largest decreases

By Income Group — Average

Income group Countries Mean
High income 59 117.62
Upper middle income 45 86.02
Lower middle income 39 77.56
Low income 15 58.15
Not classified 2 21.74

By Region — Average

Region Countries Mean
East Asia & Pacific 24 118.36
Europe & Central Asia 49 112.92
Latin America & Caribbean 24 69.53
Middle East, North Africa, Afghanistan & Pakistan 16 98.72
North America 3 55.27
South Asia 5 62.17
Sub-Saharan Africa 39 68.01

Lowest Values — 2024

# Country Trade (% of GDP)
1 Sudan 2.00
2 Ethiopia 17.40
3 Haiti 22.25
4 United States 25.38
5 Venezuela, RB 26.08
6 Bangladesh 26.78
7 Pakistan 27.58
8 Argentina 27.93
9 Turkmenistan 28.73
10 Cameroon 34.40
Download full dataset: CSV JSON

Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0. Rankings show countries with available data for 2024.