Countries by Trade as a Share of GDP 2023

About This Dataset

Countries by Trade as a Share of GDP 2023
The 20 countries and territories where trade is worth the largest share of GDP in 2023. Trade is exports plus imports combined. Luxembourg tops the list at 402.6% of GDP, followed by Hong Kong at 353.2% and San Marino at 341%. Data covers 176 countries and territories.
✨ AI Insight

The median country trades 82.4% of GDP, against 402.6% in Luxembourg. 7 of the 176 measured are above 200%, which happens in entrepot economies where the same goods are imported and then exported again.

Source:  World Bank

Key Findings

Auto-computed highlights from this dataset

🏆
Luxembourg leads with 403 in 2023.
📊
Average value in 2023: 218  ·  median: 183.
↔️
Gap in 2023: Luxembourg is 2.6× larger than Aruba.

Countries by Trade as a Share of GDP 2023

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Data Insights

Numbers, trends & sources behind this chart

Admin
⬡
Data Points
20
20 categories  ·  1 year
↑
Top Value
402.60
Luxembourg
Trade (% of GDP) · 2023
◈
Metrics
1
Trade (% of GDP)
◷
Period
2023
Single year snapshot

Rankings & Full Data

20 records · Trade (% of GDP) · ranked by 2023

✓ 20 sourced
# Category 2023 Source
🥇 Luxembourg 402.60
🥈 Hong Kong 353.20
🥉 San Marino 341
4 Singapore 323.70
5 Djibouti 285.90
6 Ireland 239.60
7 Malta 221.10
8 United Arab Emirates 199
9 Cyprus 190.70
10 Seychelles 183.80
11 Slovakia 181.40
12 Belgium 166
13 Netherlands 165
14 Vietnam 165
15 Libya 161.10
16 Slovenia 160.20
17 Hungary 158.60
18 Bahrain 157.40
19 Estonia 154.60
20 Aruba 153.70

Data Sources & References

All external sources cited in this dataset

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