EU countries by trade as a share of GDP

Luxembourg had the highest trade as a share of GDP of 27 EU countries in 2020, at 375.6%. Italy had the lowest, at 53.9%. The median was 110.4%. Source: the World Bank.

Highest375.6Luxembourg
Lowest53.9Italy
Median110.427 EU countries

All EU countries, 2020

Luxembourg: 375.6 %Luxembourg375.6Ireland: 258.8 %Ireland258.8Malta: 242.4 %Malta242.4Slovakia: 167.5 %Slovakia167.5Cyprus: 160.7 %Cyprus160.7Belgium: 157 %Belgium157Hungary: 154.5 %Hungary154.5Netherlands: 152.2 %Netherlands152.2Slovenia: 147.5 %Slovenia147.5Estonia: 137.4 %Estonia137.4Lithuania: 135.8 %Lithuania135.8Czechia: 128.8 %Czechia128.8Latvia: 123.9 %Latvia123.9Bulgaria: 110.4 %Bulgaria110.4Denmark: 104.4 %Denmark104.4Austria: 99.9 %Austria99.9Poland: 99.3 %Poland99.3Croatia: 89.5 %Croatia89.5Sweden: 84.5 %Sweden84.5Romania: 78.4 %Romania78.4Portugal: 76.5 %Portugal76.5Germany: 72.9 %Germany72.9Finland: 72.2 %Finland72.2Greece: 70.3 %Greece70.3Spain: 59.4 %Spain59.4France: 58.8 %France58.8Italy: 53.9 %Italy53.9
%. Source: World Bank, Trade, % of GDP (NE.TRD.GNFS.ZS). Retrieved 2026-10-11.

Full ranking

RankEU countries2020 (%)Change on 2019
1Luxembourg375.6-7.1 pts
2Ireland258.8+1.1 pts
3Malta242.4+9.3 pts
4Slovakia167.5-16.2 pts
5Cyprus160.7+10.2 pts
6Belgium157-8.5 pts
7Hungary154.5-5.4 pts
8Netherlands152.2-8.4 pts
9Slovenia147.5-12.5 pts
10Estonia137.4-3 pts
11Lithuania135.8-12.6 pts
12Czechia128.8-9.4 pts
13Latvia123.9-1.4 pts
14Bulgaria110.4-14.8 pts
15Denmark104.4-7.5 pts
16Austria99.9-8.3 pts
17Poland99.3-2.3 pts
18Croatia89.5-11.8 pts
19Sweden84.5-8.3 pts
20Romania78.4-6.5 pts
21Portugal76.5-10.3 pts
22Germany72.9-6.1 pts
23Finland72.2-8.4 pts
24Greece70.3-10.3 pts
25Spain59.4-6.9 pts
26France58.8-7.6 pts
27Italy53.9-4.8 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 EU countries are compared on one definition. 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.

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Questions

Which EU country has the highest trade as a share of GDP?

Luxembourg, with 375.6% in 2020, according to the World Bank.

Which EU country has the lowest trade as a share of GDP?

Italy, with 53.9% in 2020.

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.

Trade as a share of GDP: other rankings

EU countries: more rankings