EU countries by trade as a share of GDP

Luxembourg had the highest trade as a share of GDP of 27 EU countries in 2022, at 412.2%. Italy had the lowest, at 72%. The median was 138.8%. Source: the World Bank.

Highest412.2Luxembourg
Lowest72Italy
Median138.827 EU countries

All EU countries, 2022

Luxembourg: 412.2 %Luxembourg412.2Malta: 244.6 %Malta244.6Ireland: 237.8 %Ireland237.8Cyprus: 205.8 %Cyprus205.8Slovakia: 204.1 %Slovakia204.1Belgium: 191.1 %Belgium191.1Slovenia: 186.6 %Slovenia186.6Hungary: 185 %Hungary185Netherlands: 184.1 %Netherlands184.1Lithuania: 176.6 %Lithuania176.6Estonia: 175.7 %Estonia175.7Latvia: 159.9 %Latvia159.9Czechia: 144 %Czechia144Bulgaria: 138.8 %Bulgaria138.8Denmark: 132 %Denmark132Croatia: 125.4 %Croatia125.4Austria: 123.6 %Austria123.6Poland: 123 %Poland123Greece: 108.1 %Greece108.1Sweden: 107.1 %Sweden107.1Portugal: 101.4 %Portugal101.4Finland: 94.6 %Finland94.6Romania: 93.9 %Romania93.9Germany: 88.8 %Germany88.8Spain: 78.5 %Spain78.5France: 76 %France76Italy: 72 %Italy72
%. Source: World Bank, Trade, % of GDP (NE.TRD.GNFS.ZS). Retrieved 2026-10-11.

Full ranking

RankEU countries2022 (%)Change on 2021
1Luxembourg412.2+14.7 pts
2Malta244.6+24.5 pts
3Ireland237.8+6.7 pts
4Cyprus205.8+28.9 pts
5Slovakia204.1+22.1 pts
6Belgium191.1+13.7 pts
7Slovenia186.6+24.9 pts
8Hungary185+25.8 pts
9Netherlands184.1+21 pts
10Lithuania176.6+21.9 pts
11Estonia175.7+15.2 pts
12Latvia159.9+23.1 pts
13Czechia144+6.6 pts
14Bulgaria138.8+17.6 pts
15Denmark132+19.7 pts
16Croatia125.4+23.1 pts
17Austria123.6+12.5 pts
18Poland123+12.1 pts
19Greece108.1+20.1 pts
20Sweden107.1+16 pts
21Portugal101.4+15.5 pts
22Finland94.6+14.8 pts
23Romania93.9+6.9 pts
24Germany88.8+8.9 pts
25Spain78.5+11.9 pts
26France76+12.2 pts
27Italy72+11.7 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 412.2% in 2022, according to the World Bank.

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

Italy, with 72% in 2022.

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