Trade Share of GDP by Country 2024

Source:  World Bank (National Accounts)

Trade Share of GDP by Country 2024

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Key Findings

🏆
Hong Kong leads in Trade, Exports plus Imports (% of GDP) with 359.40 in 2024.
📊
Average Trade, Exports plus Imports (% of GDP) in 2024: 244  ·  median: 229.
↔️
Gap in 2024: Hong Kong is 2.1× larger than Slovakia.

About This Dataset

Trade Share of GDP by Country 2024
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.
Analysis

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%.

Data Insights

Numbers, trends & sources behind this chart

Admin
⬡
Data Points
10
10 categories  ·  1 year
↑
Top Value
359.40
Hong Kong
Trade, Exports plus Imports (% of GDP) · 2024
◈
Metrics
1
Trade, Exports plus Imports (% of GDP)
◷
Period
2024
Single year snapshot

Methodology & source

Data source
World Bank (National Accounts)
Coverage
10 entities · 2024 · 10 observations
Measure
Trade, Exports plus Imports (% of GDP)
Last updated
15 July 2026
Compiled by
The ANYSTAT team, from the source above
How the figures are calculated
  • Values use the measure and unit named on this page. Consult the dataset description and cited source for coverage, definitions and any unit conversions. Displayed values may be rounded for readability.
  • Entities are ranked highest-first on their value in 2024.

Rankings & Full Data

10 records · Trade, Exports plus Imports (% of GDP) · ranked by 2024

✓ 10 sourced
# Category 2024 Source
🥇 Hong Kong 359.40
🥈 Luxembourg 351.30
🥉 Singapore 313.30
4 Ireland 246.20
5 Djibouti 241.20
6 Malta 217.70
7 Cyprus 190.40
8 Seychelles 175.90
9 Vietnam 173.90
10 Slovakia 171.20

Data Sources & References

All external sources cited in this dataset

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