EU countries by trade as a share of GDP

Luxembourg had the highest trade as a share of GDP of 27 EU countries in 2024, at 351.3%. Italy had the lowest, at 62.6%. The median was 131.3%. Source: the World Bank.

Highest351.3Luxembourg
Lowest62.6Italy
Median131.327 EU countries

All EU countries, 2024

Luxembourg: 351.3 %Luxembourg351.3Ireland: 246.2 %Ireland246.2Malta: 217.7 %Malta217.7Cyprus: 190.4 %Cyprus190.4Slovakia: 171.2 %Slovakia171.2Belgium: 159 %Belgium159Slovenia: 155.7 %Slovenia155.7Netherlands: 154 %Netherlands154Estonia: 151 %Estonia151Hungary: 147.9 %Hungary147.9Lithuania: 142.4 %Lithuania142.4Denmark: 131.8 %Denmark131.8Czechia: 131.5 %Czechia131.5Latvia: 131.3 %Latvia131.3Bulgaria: 110.2 %Bulgaria110.2Austria: 108.8 %Austria108.8Sweden: 106 %Sweden106Croatia: 104.9 %Croatia104.9Poland: 100.4 %Poland100.4Greece: 89.8 %Greece89.8Portugal: 89.7 %Portugal89.7Finland: 83.5 %Finland83.5Germany: 79.1 %Germany79.1Romania: 77.2 %Romania77.2Spain: 70 %Spain70France: 68.1 %France68.1Italy: 62.6 %Italy62.6
%. Source: World Bank, Trade, % of GDP (NE.TRD.GNFS.ZS). Retrieved 2026-10-11.

Full ranking

RankEU countries2024 (%)Change on 2023
1Luxembourg351.3-51.3 pts
2Ireland246.2+6.5 pts
3Malta217.7-3.4 pts
4Cyprus190.4-0.3 pts
5Slovakia171.2-10.2 pts
6Belgium159-7 pts
7Slovenia155.7-4.5 pts
8Netherlands154-11.1 pts
9Estonia151-3.6 pts
10Hungary147.9-10.7 pts
11Lithuania142.4-5.6 pts
12Denmark131.8+2.1 pts
13Czechia131.5-0.4 pts
14Latvia131.3-4.3 pts
15Bulgaria110.2-9.7 pts
16Austria108.8-6.3 pts
17Sweden106-1.7 pts
18Croatia104.9-2.4 pts
19Poland100.4-9.7 pts
20Greece89.8-2.7 pts
21Portugal89.7-3.5 pts
22Finland83.5-2.1 pts
23Germany79.1-2.9 pts
24Romania77.2-6.2 pts
25Spain70-1.8 pts
26France68.1-2.5 pts
27Italy62.6-2.5 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 351.3% in 2024, according to the World Bank.

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

Italy, with 62.6% in 2024.

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