Trade Share of GDP by Country 2024

About This Dataset

This chart ranks countries by total trade, exports plus imports, as a share of GDP in 2024. It is the standard measure of how open an economy is to the rest of the world. Values above 100% are normal for re-export hubs.

✨ AI Insight

Hong Kong tops the list at 359.4% of GDP, meaning its combined trade is more than three and a half times the size of its own economy, just ahead of Luxembourg on 351.3% and Singapore on 313.3%. These are not the world's biggest traders in absolute terms but its most exposed: goods flow in and straight back out, counted twice against a small domestic economy. Djibouti at 241.2% is the clearest example of pure geography as an economic model, serving as the port for landlocked Ethiopia. Vietnam on 173.9% and Slovakia on 171.2% are the notable large-economy entries, both deeply embedded in global manufacturing supply chains. Every country listed exceeds 171%.

Source: World Bank (National Accounts)

Key Findings

Auto-computed highlights from this dataset

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Hong Kong leads with 359 in 2024.

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Average value in 2024: 244 · median: 229.

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Gap in 2024: Hong Kong is 2.1× larger than Slovakia.