List of countries by trade-to-GDP ratio
The following list sorts countries and territories by their trade-to-GDP ratio according to data by the world bank.
Trade openness in 2019.[1]
List
Countries sorted by exports, imports and total trade (external trade rate) of goods and services as a share of the gross domestic product of the same year. Since GDP is only the value added domestically, it may happen that small countries export more than is produced in the country and/or import more than is consumed in the country and the external trade rate is thus over 100%. The ratios of import-to-GDP and export-to-GDP are taken from World Bank, and the trade-to-GDP ratio is calculated as their sum.
| Country | Exports of goods and services (% of GDP) (export ratio)[2] |
Imports of goods and services (% of GDP) (import ratio)[3] |
Imports and Exports (% of GDP) (trade-to-GDP ratio) |
Export to import ratio | Year |
|---|---|---|---|---|---|
 Hong Kong |
203.5 % | 198.7 % | 402.2 % | 1.2 | 2021 |
 Luxembourg |
211.4 % | 176.7 % | 388.1 % | 1.2 | 2021 |
 Singapore |
184.8 % | 153.5 % | 338.3 % | 1.2 | 2021 |
 Malta |
150.7 % | 136.9 % | 287.6 % | 1.1 | 2021 |
 Ireland |
134.4 % | 95.0 % | 229.4 % | 1.41 | 2021 |
 Djibouti |
115.8 % | 107.3 % | 223.1 % | 1.08 | 2020 |
 Slovakia |
93.8 % | 94.0 % | 187.8 % | 1 | 2021 |
 Vietnam |
93.3 % | 93.2 % | 186.5 % | 1 | 2021 |
.svg.png.webp){kind=small} Belgium |
86.9 % | 85.8 % | 172.7 % | 1.01 | 2021 |
 Cyprus |
86.6 % | 83.7 % | 170.3 % | 1.03 | 2021 |
 United Arab Emirates |
95.9 % | 70.6 % | 166.5 % | 1.36 | 2020 |
 Macau |
87.9 % | 76.0 % | 163.9 % | 1.16 | 2021 |
 Hungary |
81.5 % | 81.2 % | 162.7 % | 1 | 2021 |
 Slovenia |
83.6 % | 77.3 % | 160.9 % | 1.08 | 2021 |
 Estonia |
78.3 % | 78.7 % | 157 % | 0.99 | 2021 |
 Lithuania |
80.5 % | 76.0 % | 156.5 % | 1.06 | 2021 |
 Netherlands |
83.0 % | 72.7 % | 155.7 % | 1.14 | 2021 |
 Seychelles |
72.3 % | 80.4 % | 152.7 % | 0.9 | 2021 |
 North Macedonia |
66.2 % | 82.3 % | 148.5 % | 0.8 | 2021 |
 Brunei |
80.2 % | 67.0 % | 147.2 % | 1.2 | 2021 |
 Maldives |
75.3 % | 67.8 % | 143.1 % | 1.11 | 2021 |
 Czech Republic |
72.7 % | 69.8 % | 142.5 % | 1.04 | 2021 |
 Bahrain |
72.7 % | 67.1 % | 139.8 % | 1.08 | 2020 |
 Belarus |
72.1 % | 66.6 % | 138.7 % | 1.08 | 2021 |
 Guinea |
64.3 % | 68.1 % | 132.4 % | 0.94 | 2021 |
 Lesotho |
43.3 % | 88.9 % | 132.2 % | 0.49 | 2021 |
 Cambodia |
64.6 % | 67.6 % | 132.2 % | 0.96 | 2021 |
 Latvia |
64.1 % | 66.9 % | 131 % | 0.96 | 2021 |
.svg.png.webp){kind=small} Switzerland |
71.4 % | 59.5 % | 130.9 % | 1.2 | 2021 |
 Malaysia |
68.8 % | 61.7 % | 130.5 % | 1.12 | 2021 |
 Suriname |
68.9 % | 60.6 % | 129.5 % | 1.14 | 2017 |
 Liberia |
21.4 % | 100.3 % | 121.7 % | 0.21 | 2016 |
 Bulgaria |
61.3 % | 59.6 % | 120.9 % | 1.03 | 2021 |
 Mongolia |
58.5 % | 60.5 % | 119 % | 0.97 | 2021 |
 Serbia |
54.5 % | 62.3 % | 116.8 % | 0.87 | 2021 |
 Thailand |
58.2 % | 58.4 % | 116.6 % | 1 | 2021 |
 Saint Kitts and Nevis |
57.0 % | 56.5 % | 113.5 % | 1.01 | 2016 |
 Poland |
57.9 % | 54.5 % | 112.4 % | 1.06 | 2021 |
 Denmark |
59.6 % | 52.5 % | 112.1 % | 1.14 | 2021 |
 Austria |
55.9 % | 55.3 % | 111.2 % | 1.01 | 2021 |
 Grenada |
56.1 % | 52.4 % | 108.5 % | 1.07 | 2017 |
 Kyrgyzstan |
39.3 % | 69.1 % | 108.4 % | 0.57 | 2021 |
 Dominica |
29.2 % | 77.8 % | 107 % | 0.38 | 2018 |
 Nicaragua |
46.8 % | 59.4 % | 106.2 % | 0.79 | 2021 |
 Somalia |
20.1 % | 85.8 % | 105.9 % | 0.23 | 2021 |
 Montenegro |
42.8 % | 62.2 % | 105 % | 0.69 | 2021 |
 Croatia |
51.3 % | 52.7 % | 104 % | 0.97 | 2021 |
 Georgia |
43.2 % | 59.6 % | 102.8 % | 0.72 | 2021 |
 Equatorial Guinea |
55.5 % | 46.6 % | 102.1 % | 1.19 | 2021 |
 Saint Lucia |
47.8 % | 53.2 % | 101 % | 0.9 | 2016 |
 Guyana |
43.7 % | 57.1 % | 100.8 % | 0.77 | 2017 |
 Mauritania |
39.5 % | 60.9 % | 100.4 % | 0.65 | 2021 |
 Honduras |
38.5 % | 61.9 % | 100.4 % | 0.62 | 2021 |
 Mozambique |
31.4 % | 68.8 % | 100.2 % | 0.46 | 2021 |
 Timor-Leste |
63.9 % | 36.3 % | 100.2 % | 1.76 | 2021 |
 Trinidad and Tobago |
48.1 % | 50.7 % | 98.8 % | 0.95 | 2016 |
 Kosovo |
33.4 % | 65.2 % | 98.6 % | 0.51 | 2021 |
 Kuwait |
53.3 % | 44.9 % | 98.2 % | 1.19 | 2019 |
 Mauritius |
44.0 % | 53.7 % | 97.7 % | 0.82 | 2021 |
 Bosnia and Herzegovina |
42.7 % | 54.6 % | 97.3 % | 0.78 | 2021 |
 Belize |
46.5 % | 50.1 % | 96.6 % | 0.93 | 2021 |
 Republic of the Congo |
58.5 % | 37.2 % | 95.7 % | 1.57 | 2021 |
 Botswana |
44.6 % | 49.9 % | 94.5 % | 0.89 | 2021 |
 Tunisia |
42.1 % | 52.2 % | 94.3 % | 0.81 | 2021 |
 Oman |
52.5 % | 41.4 % | 93.9 % | 1.27 | 2021 |
 Qatar |
58.9 % | 34.1 % | 93 % | 1.73 | 2021 |
 Panama |
51.1 % | 41.6 % | 92.7 % | 1.23 | 2021 |
 Antigua and Barbuda |
43.7 % | 47.8 % | 91.5 % | 0.91 | 2020 |
 Eswatini |
45.1 % | 45.9 % | 91 % | 0.98 | 2021 |
 Greece |
40.9 % | 48.6 % | 89.5 % | 0.84 | 2021 |
 Germany |
47.5 % | 41.9 % | 89.4 % | 1.13 | 2021 |
 Moldova |
30.6 % | 58.0 % | 88.6 % | 0.53 | 2021 |
 Sweden |
46.3 % | 41.2 % | 87.5 % | 1.12 | 2021 |
 Romania |
40.8 % | 46.5 % | 87.3 % | 0.88 | 2021 |
 Portugal |
41.6 % | 44.6 % | 86.2 % | 0.93 | 2021 |
 Zambia |
52.1 % | 33.9 % | 86 % | 1.54 | 2021 |
 Bhutan |
31.8 % | 52.7 % | 84.5 % | 0.6 | 2021 |
 El Salvador |
29.5 % | 54.8 % | 84.3 % | 0.54 | 2021 |
 Mexico |
41.1 % | 42.6 % | 83.7 % | 0.96 | 2021 |
 Chad |
38.8 % | 44.2 % | 83 % | 0.88 | 2021 |
 Cape Verde |
24.6 % | 58.0 % | 82.6 % | 0.42 | 2021 |
 Ukraine |
40.7 % | 41.9 % | 82.6 % | 0.97 | 2021 |
 Fiji |
27.3 % | 54.6 % | 81.9 % | 0.5 | 2021 |
 Jordan |
30.3 % | 51.1 % | 81.4 % | 0.59 | 2021 |
 South Korea |
42.0 % | 38.5 % | 80.5 % | 1.09 | 2021 |
 Democratic Republic of the Congo |
40.3 % | 40.1 % | 80.4 % | 1 | 2021 |
 Cuba |
34.9 % | 45.1 % | 80 % | 0.77 | 2021 |
 Namibia |
31.7 % | 48.0 % | 79.7 % | 0.66 | 2021 |
 Armenia |
35.3 % | 43.8 % | 79.1 % | 0.81 | 2021 |
 Lebanon |
26.0 % | 52.8 % | 78.8 % | 0.49 | 2021 |
 Libya |
42.8 % | 35.4 % | 78.2 % | 1.21 | 2019 |
 Iceland |
38.2 % | 40.0 % | 78.2 % | 0.96 | 2021 |
 Finland |
38.9 % | 39.2 % | 78.1 % | 0.99 | 2021 |
 Saint Vincent and the Grenadines |
25.7 % | 51.1 % | 76.8 % | 0.5 | 2016 |
 Azerbaijan |
46.7 % | 29.9 % | 76.6 % | 1.56 | 2021 |
 Laos |
34.3 % | 41.5 % | 75.8 % | 0.83 | 2017 |
 Morocco |
32.9 % | 42.0 % | 74.9 % | 0.78 | 2021 |
 Albania |
30.6 % | 43.9 % | 74.5 % | 0.7 | 2021 |
 Palestine |
18.6 % | 55.6 % | 74.2 % | 0.33 | 2017 |
 Jamaica |
27.6 % | 45.8 % | 73.4 % | 0.6 | 2021 |
 Gabon |
55.8 % | 16.8 % | 72.6 % | 3.32 | 2021 |
 Angola |
44.3 % | 27.7 % | 72 % | 1.6 | 2021 |
 Barbados |
30.4 % | 40.5 % | 70.9 % | 0.75 | 2021 |
 Norway |
41.6 % | 29.3 % | 70.9 % | 1.42 | 2021 |
 Paraguay |
36.0 % | 34.8 % | 70.8 % | 1.03 | 2021 |
 Costa Rica |
36.2 % | 34.5 % | 70.7 % | 1.05 | 2021 |
 Mali |
29.6 % | 41.1 % | 70.7 % | 0.72 | 2021 |
 Bahamas |
27.5 % | 42.1 % | 69.6 % | 0.65 | 2021 |
 Spain |
34.9 % | 33.4 % | 68.3 % | 1.04 | 2021 |
 South Sudan |
36.7 % | 28.9 % | 65.6 % | 1.27 | 2015 |
 Malawi |
29.2 % | 36.2 % | 65.4 % | 0.81 | 2017 |
 Turkey |
35.3 % | 29.3 % | 64.6 % | 1.2 | 2021 |
 Philippines |
25.7 % | 37.8 % | 63.5 % | 0.68 | 2021 |
 Benin |
28.5 % | 34.8 % | 63.3 % | 0.82 | 2021 |
 Senegal |
22.3 % | 40.9 % | 63.2 % | 0.55 | 2021 |
 Italy |
32.7 % | 30.3 % | 63 % | 1.08 | 2021 |
 Saudi Arabia |
34.8 % | 28.1 % | 62.9 % | 1.24 | 2021 |
 Algeria |
26.6 % | 36.3 % | 62.9 % | 0.73 | 2021 |
 Zimbabwe |
25.4 % | 37.4 % | 62.8 % | 0.68 | 2021 |
 Kazakhstan |
33.5 % | 28.5 % | 62 % | 1.18 | 2021 |
 Burkina Faso |
27.6 % | 34.4 % | 62 % | 0.8 | 2021 |
 France |
29.9 % | 32.0 % | 61.9 % | 0.93 | 2021 |
 Iraq |
37.6 % | 24.2 % | 61.8 % | 1.55 | 2021 |
.svg.png.webp){kind=small} Canada |
30.7 % | 30.5 % | 61.2 % | 1.01 | 2021 |
 South Africa |
31.2 % | 28.4 % | 59.6 % | 1.1 | 2021 |
.svg.png.webp){kind=small} Bolivia |
27.8 % | 31.8 % | 59.6 % | 0.87 | 2021 |
 Chile |
31.9 % | 27.0 % | 58.9 % | 1.18 | 2021 |
 Sierra Leone |
16.9 % | 41.5 % | 58.4 % | 0.41 | 2021 |
 Ghana |
29.9 % | 28.5 % | 58.4 % | 1.05 | 2021 |
 Tajikistan |
17.3 % | 40.9 % | 58.2 % | 0.42 | 2020 |
 Israel |
29.5 % | 28.2 % | 57.7 % | 1.05 | 2021 |
 Togo |
23.3 % | 34.2 % | 57.5 % | 0.68 | 2021 |
| World | 28.9 % | 27.9 % | 56.8 % | 1.04 | 2021 |
 Uruguay |
31.5 % | 25.3 % | 56.8 % | 1.25 | 2021 |
 Afghanistan |
6.9 % | 49.0 % | 55.9 % | 0.14 | 2016 |
 Peru |
29.1 % | 26.4 % | 55.5 % | 1.1 | 2021 |
 United Kingdom |
27.0 % | 28.2 % | 55.2 % | 0.96 | 2021 |
 Comoros |
10.8 % | 44.2 % | 55 % | 0.24 | 2021 |
 Rwanda |
19.1 % | 34.8 % | 53.9 % | 0.55 | 2021 |
 Uzbekistan |
23.7 % | 29.5 % | 53.2 % | 0.8 | 2021 |
 Myanmar |
28.3 % | 24.8 % | 53.1 % | 1.14 | 2021 |
 Russia |
30.9 % | 21.3 % | 52.2 % | 1.45 | 2021 |
 Ecuador |
26.2 % | 25.2 % | 51.4 % | 1.04 | 2021 |
 Madagascar |
21.0 % | 29.4 % | 50.4 % | 0.71 | 2021 |
 Dominican Republic |
21.8 % | 28.1 % | 49.9 % | 0.78 | 2021 |
 Guatemala |
17.8 % | 32.1 % | 49.9 % | 0.55 | 2021 |
 Yemen |
6.1 % | 43.2 % | 49.3 % | 0.14 | 2016 |
 New Zealand |
22.5 % | 26.6 % | 49.1 % | 0.85 | 2021 |
 Gambia |
6.5 % | 40.0 % | 46.5 % | 0.16 | 2021 |
 Venezuela |
16.7 % | 29.5 % | 46.2 % | 0.57 | 2014 |
 Guinea-Bissau |
14.4 % | 31.6 % | 46 % | 0.46 | 2020 |
 Ivory Coast |
23.0 % | 22.8 % | 45.8 % | 1.01 | 2021 |
 India |
21.4 % | 23.9 % | 45.3 % | 0.9 | 2021 |
 Central African Republic |
14.2 % | 30.5 % | 44.7 % | 0.47 | 2021 |
 Iran |
22.8 % | 21.5 % | 44.3 % | 1.06 | 2021 |
 Nepal |
5.2 % | 38.6 % | 43.8 % | 0.13 | 2021 |
 Uganda |
15.8 % | 25.9 % | 41.7 % | 0.61 | 2021 |
 Sri Lanka |
16.9 % | 24.2 % | 41.1 % | 0.7 | 2021 |
 Indonesia |
21.6 % | 18.9 % | 40.5 % | 1.14 | 2021 |
 Colombia |
16.1 % | 24.4 % | 40.5 % | 0.66 | 2021 |
.svg.png.webp){kind=small} Australia |
22.1 % | 17.8 % | 39.9 % | 1.24 | 2021 |
 Brazil |
20.1 % | 19.1 % | 39.2 % | 1.05 | 2021 |
 Niger |
10.3 % | 27.2 % | 37.5 % | 0.38 | 2021 |
 Japan |
18.4 % | 19.0 % | 37.4 % | 0.97 | 2021 |
 China |
20.0 % | 17.4 % | 37.4 % | 1.15 | 2021 |
 Cameroon |
16.7 % | 20.4 % | 37.1 % | 0.82 | 2021 |
 Haiti |
7.1 % | 29.9 % | 37 % | 0.24 | 2021 |
 Turkmenistan |
22.7 % | 12.5 % | 35.2 % | 1.82 | 2018 |
 Argentina |
18.0 % | 14.9 % | 32.9 % | 1.21 | 2021 |
 Egypt |
11.1 % | 20.3 % | 31.4 % | 0.55 | 2021 |
 Tanzania |
14.3 % | 17.1 % | 31.4 % | 0.84 | 2021 |
 Kenya |
10.6 % | 20.1 % | 30.7 % | 0.53 | 2021 |
 Burundi |
5.0 % | 23.8 % | 28.8 % | 0.21 | 2021 |
 Bangladesh |
10.7 % | 17.1 % | 27.8 % | 0.63 | 2021 |
 Pakistan |
9.1 % | 18.0 % | 27.1 % | 0.51 | 2021 |
 United States |
10.9 % | 14.6 % | 25.5 % | 0.75 | 2021 |
 Ethiopia |
7.6 % | 16.7 % | 24.3 % | 0.46 | 2021 |
 Nigeria |
10.7 % | 11.8 % | 22.5 % | 0.91 | 2021 |
 Sudan |
2.3 % | 1.9 % | 4.2 % | 1.21 | 2021 |
References
- "Trade Openness". Our World in Data. Retrieved 7 March 2020.
- "Exports of goods and services (% of GDP) | Data". Retrieved 2023-01-03.
- "Imports of goods and services (% of GDP) | Data". Retrieved 2023-01-03.
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