Countries by trade as a share of GDP
Luxembourg had the highest trade as a share of GDP of 175 countries in 2023, at 402.6%. Sudan had the lowest, at 2.5%. The median was 82.3% and the figure for the World was 58.1%. Source: the World Bank.
Top 40 countries, 2023
Full ranking
| Rank | Countries | 2023 (%) | Change on 2022 |
|---|---|---|---|
| 1 | Luxembourg | 402.6 | -9.6 pts |
| 2 | Hong Kong | 353.2 | -31.7 pts |
| 3 | San Marino | 341 | -29.5 pts |
| 4 | Singapore | 323.7 | -6.5 pts |
| 5 | Djibouti | 285.9 | -16.4 pts |
| 6 | Ireland | 239.6 | +1.9 pts |
| 7 | Malta | 221.1 | -23.4 pts |
| 8 | United Arab Emirates | 199 | +13.3 pts |
| 9 | Cyprus | 190.7 | -15 pts |
| 10 | Seychelles | 183.8 | -7.7 pts |
| 11 | Slovakia | 181.4 | -22.7 pts |
| 12 | Belgium | 166 | -25.1 pts |
| 13 | Netherlands | 165 | -19.1 pts |
| 14 | Vietnam | 165 | -18.2 pts |
| 15 | Libya | 161.1 | +4.7 pts |
| 16 | Slovenia | 160.2 | -26.5 pts |
| 17 | Hungary | 158.6 | -26.4 pts |
| 18 | Bahrain | 157.4 | -9.7 pts |
| 19 | Estonia | 154.6 | -21.1 pts |
| 20 | Aruba | 153.7 | -6.8 pts |
| 21 | Maldives | 149.3 | -12.9 pts |
| 22 | Lithuania | 148 | -28.6 pts |
| 23 | North Macedonia | 147.8 | -18.4 pts |
| 24 | Mauritius | 147.3 | -0.3 pts |
| 25 | Macao | 145.9 | -24.5 pts |
| 26 | Mongolia | 142.9 | +6.5 pts |
| 27 | Lesotho | 140.7 | -1.7 pts |
| 28 | Brunei | 136.9 | -10.1 pts |
| 29 | Latvia | 135.6 | -24.2 pts |
| 30 | Nauru | 135 | -6.1 pts |
| 31 | Cambodia | 134.2 | -11.7 pts |
| 32 | Malaysia | 132.6 | -13.8 pts |
| 33 | Kyrgyzstan | 132.4 | -1.4 pts |
| 34 | Czechia | 131.9 | -12.1 pts |
| 35 | Belarus | 131.6 | +11.6 pts |
| 36 | Switzerland | 129.7 | -6.5 pts |
| 37 | Denmark | 129.6 | -2.4 pts |
| 38 | Thailand | 128.8 | -4 pts |
| 39 | Fiji | 126.3 | +7.1 pts |
| 40 | Armenia | 123.4 | +19.5 pts |
| 41 | Cuba | 120.5 | +26.7 pts |
| 42 | Bulgaria | 119.9 | -18.9 pts |
| 43 | Marshall Islands | 118.2 | -10.2 pts |
| 44 | Montenegro | 116.8 | -8.6 pts |
| 45 | Austria | 115.2 | -8.4 pts |
| 46 | Serbia | 114.5 | -17.4 pts |
| 47 | Faroe Islands | 113.3 | -9.5 pts |
| 48 | Tunisia | 112.1 | -4 pts |
| 49 | Poland | 110 | -13 pts |
| 50 | Namibia | 109.8 | +10.6 pts |
| 51 | Sweden | 107.6 | +0.5 pts |
| 52 | Croatia | 107.3 | -18.1 pts |
| 53 | Georgia | 107.2 | -7.5 pts |
| 54 | Palau | 106.8 | +3.1 pts |
| 55 | Kiribati | 106.5 | -0.7 pts |
| 56 | Oman | 106.4 | +0.7 pts |
| 57 | Belize | 106.4 | -1.4 pts |
| 58 | Mozambique | 106 | -29.2 pts |
| 59 | Nicaragua | 105 | -10.4 pts |
| 60 | Lebanon | 104.2 | -10.7 pts |
| 61 | Somalia | 103.1 | +12.4 pts |
| 62 | Puerto Rico | 101.7 | +3.4 pts |
| 63 | Solomon Islands | 101.1 | +26.3 pts |
| 64 | Eswatini | 99.7 | +7.2 pts |
| 65 | Bosnia and Herzegovina | 99.6 | -10.6 pts |
| 66 | Honduras | 98.8 | -13.9 pts |
| 67 | Republic of the Congo | 96.2 | -2 pts |
| 68 | Kuwait | 96 | +5.1 pts |
| 69 | Guinea | 95.8 | +1.7 pts |
| 70 | Micronesia | 95.3 | -9.5 pts |
| 71 | Cape Verde | 95 | -2 pts |
| 72 | Moldova | 94 | -18.1 pts |
| 73 | Portugal | 93.1 | -8.2 pts |
| 74 | Morocco | 93.1 | -7.8 pts |
| 75 | Greece | 92.5 | -15.7 pts |
| 76 | Mauritania | 92.2 | -9.9 pts |
| 77 | Greenland | 91.9 | -1.5 pts |
| 78 | Gabon | 91.5 | -0.6 pts |
| 79 | Timor-Leste | 89.3 | -8.3 pts |
| 80 | Panama | 88.3 | -5.1 pts |
| 81 | Iceland | 87.2 | -5.8 pts |
| 82 | Democratic Republic of the Congo | 86.7 | +0.9 pts |
| 83 | Finland | 85.5 | -9 pts |
| 84 | Azerbaijan | 83.5 | -3.4 pts |
| 85 | Romania | 83.4 | -10.6 pts |
| 86 | Paraguay | 82.6 | +8.7 pts |
| 87 | Albania | 82.4 | -2.3 pts |
| 88 | South Korea | 82.3 | -8.3 pts |
| 89 | Germany | 82 | -6.8 pts |
| 90 | Bhutan | 81.7 | -3.8 pts |
| 91 | Samoa | 80.8 | +20 pts |
| 92 | El Salvador | 79.8 | -8.9 pts |
| 93 | Tonga | 79.6 | +9.5 pts |
| 94 | Zambia | 78.2 | +8.9 pts |
| 95 | Vanuatu | 78.1 | +7.6 pts |
| 96 | Bermuda | 77.6 | -0.3 pts |
| 97 | Ukraine | 77.5 | -9.9 pts |
| 98 | Norway | 77.4 | -2.5 pts |
| 99 | Bahamas | 76.5 | +0.6 pts |
| 100 | Palestine | 76.2 | -6.2 pts |
| 101 | Mexico | 73.7 | -15.1 pts |
| 102 | Spain | 71.8 | -6.7 pts |
| 103 | French Polynesia | 71.7 | +2.1 pts |
| 104 | Senegal | 71.6 | -7.8 pts |
| 105 | Costa Rica | 71.4 | -7.6 pts |
| 106 | France | 70.6 | -5.3 pts |
| 107 | Botswana | 70.1 | -16 pts |
| 108 | Iraq | 69.5 | +0.7 pts |
| 109 | Philippines | 67.4 | -5 pts |
| 110 | Afghanistan | 67 | -5.9 pts |
| 111 | Rwanda | 66.9 | +5.9 pts |
| 112 | Canada | 66.6 | -0.4 pts |
| 113 | Türkiye | 65.7 | -14.2 pts |
| 114 | South Africa | 65.7 | +0.7 pts |
| 115 | Tajikistan | 65.6 | +0.2 pts |
| 116 | Italy | 65.1 | -6.9 pts |
| 117 | United Kingdom | 65 | -4.2 pts |
| 118 | Ghana | 64.4 | -5.7 pts |
| 119 | Burkina Faso | 63.2 | -4.4 pts |
| 120 | Uzbekistan | 63.1 | +3.1 pts |
| 121 | Madagascar | 62.8 | -7.7 pts |
| 122 | Kazakhstan | 62.3 | -6 pts |
| 123 | Equatorial Guinea | 60.7 | -21.1 pts |
| 124 | Chile | 60.7 | -14.6 pts |
| 125 | Togo | 59.9 | -1.6 pts |
| 126 | Israel | 58 | -2.7 pts |
| 127 | Mali | 57.6 | -3.9 pts |
| 128 | Ecuador | 57.2 | -4.7 pts |
| 129 | Saudi Arabia | 55.8 | -1 pts |
| 130 | Sierra Leone | 55.3 | +10.2 pts |
| 131 | Angola | 53.6 | -2.9 pts |
| 132 | Uruguay | 52.3 | -7.9 pts |
| 133 | New Caledonia | 51.6 | +1.2 pts |
| 134 | Peru | 50.9 | -6.4 pts |
| 135 | New Zealand | 49.9 | -3.3 pts |
| 136 | Dominican Republic | 49.8 | -4.5 pts |
| 137 | Bolivia | 49.6 | -7.9 pts |
| 138 | Iran | 49.4 | +0.5 pts |
| 139 | Australia | 49 | +3.3 pts |
| 140 | Côte d’Ivoire | 48.8 | -4 pts |
| 141 | Guatemala | 48.3 | -6.1 pts |
| 142 | São Tomé and Príncipe | 47 | -18 pts |
| 143 | Chad | 46.9 | -1.1 pts |
| 144 | India | 46.3 | -4.4 pts |
| 145 | Benin | 44.7 | +0.3 pts |
| 146 | Comoros | 44.4 | -5.9 pts |
| 147 | Algeria | 43.7 | -7.5 pts |
| 148 | Japan | 43.6 | -1.3 pts |
| 149 | Central African Republic | 43.5 | -1.8 pts |
| 150 | Sri Lanka | 43.3 | -3.3 pts |
| 151 | Malawi | 42.4 | -1.2 pts |
| 152 | Guinea-Bissau | 42.4 | -3.6 pts |
| 153 | Nepal | 41.6 | -7.4 pts |
| 154 | Indonesia | 41.5 | -4 pts |
| 155 | Russia | 41.3 | -1.4 pts |
| 156 | Kenya | 40.9 | +0.7 pts |
| 157 | Egypt | 40.5 | +3.5 pts |
| 158 | Zimbabwe | 40.3 | -3.3 pts |
| 159 | Colombia | 40.1 | -8.1 pts |
| 160 | Gambia | 40 | -4.8 pts |
| 161 | Tanzania | 38.2 | +3.2 pts |
| 162 | Cameroon | 37.9 | -3.4 pts |
| 163 | China | 36.7 | -0.8 pts |
| 164 | Turkmenistan | 34.2 | -3.6 pts |
| 165 | Brazil | 33.7 | -5.1 pts |
| 166 | Uganda | 33.3 | -1.2 pts |
| 167 | Bangladesh | 31 | -2.8 pts |
| 168 | Niger | 30.7 | -6.4 pts |
| 169 | Pakistan | 28.5 | -4.6 pts |
| 170 | Venezuela | 28.1 | +0.2 pts |
| 171 | Argentina | 26.7 | -4.9 pts |
| 172 | Haiti | 25.2 | -4.5 pts |
| 173 | United States | 24.9 | -2 pts |
| 174 | Ethiopia | 20.6 | -6 pts |
| 175 | Sudan | 2.5 | -0.2 pts |
Other periods
About this ranking
Sum of exports and imports of goods and services, as a percentage of GDP. World Bank series.
Can exceed 100%, because exports and imports are both counted against GDP, which is only value added. Small open economies with large re-export or transit trade reach several hundred percent.
Every value in the ranking comes from the same publisher and the same period, so the countries are compared on one definition. 18 countries with data in other periods have no value for 2023 and are left out rather than filled from another source. Equal values share a rank.
How to cite
World Bank, World Development Indicators. Trade, % of GDP (NE.TRD.GNFS.ZS). https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS. Retrieved 2026-10-11.Use this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
Rank Countries by trade as a share of GDP using official data, and cite the source.
rank_places {"indicator":"trade_share_gdp","level":"country","limit":10}
GET https://invokely.ai/api/v1/rank?indicator=trade_share_gdp&level=country&limit=10Questions
Which country has the highest trade as a share of GDP?
Luxembourg, with 402.6% in 2023, according to the World Bank.
Which country has the lowest trade as a share of GDP?
Sudan, with 2.5% in 2023.
Where does this ranking come from?
Every value comes from one source and one period, so the places are comparable: World Bank, Trade, % of GDP (NE.TRD.GNFS.ZS). Retrieved 2026-10-11. 18 countries have no value for 2023 and are not ranked.