Of the economies in the World Bank's latest release, Hong Kong SAR, China has the highest merchandise trade (% of GDP) (371.02% in 2025) and Cuba the lowest (8.32% in 2020). The world figure is 43.89% (2025).
What this measures
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.
Ranking
| # | Economy | Latest value | Year |
|---|---|---|---|
| 1 | Hong Kong SAR, China | 371.02% | 2025 |
| 2 | Djibouti | 267.14% | 2025 |
| 3 | Slovenia | 237.45% | 2025 |
| 4 | United Arab Emirates | 208.15% | 2024 |
| 5 | Viet Nam | 180.05% | 2025 |
| 6 | Singapore | 177.64% | 2025 |
| 7 | Slovak Republic | 160.52% | 2025 |
| 8 | Belgium | 152.43% | 2025 |
| 9 | Malaysia | 151.73% | 2025 |
| 10 | Kiribati | 147.76% | 2025 |
| 11 | Netherlands | 139.54% | 2025 |
| 12 | Czechia | 137.32% | 2025 |
| 13 | Hungary | 133.09% | 2025 |
| 14 | Cambodia | 127.1% | 2025 |
| 15 | Lao PDR | 124.13% | 2025 |
| 16 | Thailand | 118.64% | 2025 |
| 17 | American Samoa | 117.68% | 2022 |
| 18 | North Macedonia | 115.78% | 2025 |
| 19 | Brunei Darussalam | 109.99% | 2025 |
| 20 | Suriname | 108.1% | 2025 |
| 21 | Mongolia | 106.72% | 2025 |
| 22 | Guyana | 106.69% | 2025 |
| 23 | Lesotho | 102.89% | 2025 |
| 24 | Libya | 102.7% | 2025 |
| 25 | Namibia | 102.45% | 2025 |
| 26 | Switzerland | 101.73% | 2025 |
| 27 | Latvia | 99.56% | 2025 |
| 28 | Estonia | 98.4% | 2025 |
| 29 | Belarus | 96.11% | 2025 |
| 30 | Nicaragua | 95.9% | 2025 |
| 31 | Lithuania | 95.19% | 2025 |
| 32 | Congo, Rep. | 94.44% | 2025 |
| 33 | Zambia | 91.71% | 2025 |
| 34 | Oman | 91.03% | 2025 |
| 35 | Bahrain | 87.63% | 2025 |
| 36 | Mauritania | 87.29% | 2025 |
| 37 | Liberia | 86.96% | 2025 |
| 38 | Tunisia | 86.75% | 2025 |
| 39 | Seychelles | 86.72% | 2025 |
| 40 | Eswatini | 86.42% | 2025 |
| 41 | Lebanon | 85.88% | 2025 |
| 42 | Serbia | 84.58% | 2025 |
| 43 | Solomon Islands | 83.85% | 2025 |
| 44 | Bulgaria | 83.51% | 2025 |
| 45 | Micronesia, Fed. Sts. | 83.5% | 2025 |
| 46 | Bhutan | 83.28% | 2025 |
| 47 | Bosnia and Herzegovina | 83.25% | 2025 |
| 48 | Guinea | 82.72% | 2025 |
| 49 | Faroe Islands | 80.78% | 2024 |
| 50 | Sint Maarten (Dutch part) | 80.68% | 2025 |
| 51 | Poland | 80.62% | 2025 |
| 52 | Syrian Arab Republic | 79.18% | 2025 |
| 53 | Austria | 77.73% | 2025 |
| 54 | Mozambique | 77.49% | 2025 |
| 55 | Honduras | 77.37% | 2025 |
| 56 | Morocco | 75.21% | 2025 |
| 57 | Croatia | 75.19% | 2025 |
| 58 | Mexico | 73.55% | 2025 |
| 59 | Armenia | 73.28% | 2025 |
| 60 | Gabon | 72.8% | 2025 |
| 61 | Kuwait | 72.31% | 2025 |
| 62 | Moldova | 72.25% | 2025 |
| 63 | Korea, Rep. | 71.63% | 2025 |
| 64 | Curaçao | 71.55% | 2024 |
| 65 | Jordan | 71.19% | 2025 |
| 66 | Fiji | 70.62% | 2025 |
| 67 | Iraq | 70.02% | 2025 |
| 68 | Cabo Verde | 69.98% | 2025 |
| 69 | Kyrgyz Republic | 69.95% | 2025 |
| 70 | Georgia | 67.69% | 2025 |
| 71 | Burkina Faso | 67.5% | 2025 |
| 72 | El Salvador | 66.14% | 2025 |
| 73 | Congo, Dem. Rep. | 66.13% | 2025 |
| 74 | Germany | 65.47% | 2025 |
| 75 | Azerbaijan | 65.08% | 2025 |
| 76 | Greenland | 63.19% | 2023 |
| 77 | Ireland | 62.72% | 2025 |
| 78 | Portugal | 62.1% | 2025 |
| 79 | Papua New Guinea | 62.04% | 2025 |
| 80 | Montenegro | 61.77% | 2025 |
| 81 | Denmark | 61.53% | 2025 |
| 82 | Paraguay | 61.31% | 2025 |
| 83 | Sweden | 61.18% | 2025 |
| 84 | Tajikistan | 61.13% | 2025 |
| 85 | Senegal | 59.96% | 2025 |
| 86 | Romania | 59.52% | 2025 |
| 87 | Marshall Islands | 59.42% | 2025 |
| 88 | Qatar | 58.6% | 2025 |
| 89 | Ukraine | 57.85% | 2025 |
| 90 | Botswana | 57.78% | 2025 |
| 91 | Mauritius | 57.42% | 2025 |
| 92 | South Africa | 57.23% | 2025 |
| 93 | Timor-Leste | 56.88% | 2025 |
| 94 | Belize | 56.37% | 2025 |
| 95 | Chile | 55.87% | 2025 |
| 96 | Naoero | 55.67% | 2025 |
| 97 | Italy | 54.68% | 2025 |
| 98 | Andorra | 54.65% | 2025 |
| 99 | Gambia, The | 54.29% | 2025 |
| 100 | Ecuador | 53.56% | 2025 |
| 101 | Finland | 53.28% | 2025 |
| 102 | Greece | 52.5% | 2025 |
| 103 | Maldives | 52.49% | 2025 |
| 104 | Costa Rica | 52.39% | 2025 |
| 105 | Norway | 52.36% | 2025 |
| 106 | Cyprus | 52.09% | 2025 |
| 107 | Northern Mariana Islands | 50.55% | 2022 |
| 108 | Spain | 50.27% | 2025 |
| 109 | Uganda | 49.85% | 2025 |
| 110 | Iran, Islamic Rep. | 49.32% | 2025 |
| 111 | Canada | 48.8% | 2025 |
| 112 | Trinidad and Tobago | 48.62% | 2025 |
| 113 | Grenada | 48.44% | 2025 |
| 114 | Albania | 47.89% | 2025 |
| 115 | Côte d'Ivoire | 47.85% | 2025 |
| 116 | Palau | 47.83% | 2025 |
| 117 | Tuvalu | 47.08% | 2025 |
| 118 | Iceland | 46.94% | 2025 |
| 119 | Malta | 46.94% | 2025 |
| 120 | Kazakhstan | 46.78% | 2025 |
| 121 | Philippines | 46.18% | 2025 |
| 122 | Luxembourg | 46.03% | 2025 |
| 123 | Rwanda | 45.93% | 2025 |
| 124 | Sierra Leone | 45.91% | 2025 |
| 125 | Burundi | 45.17% | 2025 |
| 126 | Uzbekistan | 44.48% | 2025 |
| 127 | Saudi Arabia | 44.23% | 2025 |
| 128 | Vanuatu | 43.81% | 2025 |
| 129 | Togo | 43.73% | 2025 |
| 130 | France | 43.65% | 2025 |
| 131 | St. Vincent and the Grenadines | 43.5% | 2025 |
| 132 | Peru | 42.8% | 2025 |
| 133 | Ghana | 42.52% | 2025 |
| 134 | Panama | 41.64% | 2025 |
| 135 | Antigua and Barbuda | 41.49% | 2025 |
| 136 | Jamaica | 41.28% | 2025 |
| 137 | St. Lucia | 41.18% | 2025 |
| 138 | New Caledonia | 41.09% | 2024 |
| 139 | Turkmenistan | 40.78% | 2025 |
| 140 | Egypt, Arab Rep. | 40.78% | 2025 |
| 141 | Guatemala | 40.69% | 2025 |
| 142 | Somalia, Fed. Rep. | 40.25% | 2025 |
| 143 | Türkiye | 39.99% | 2025 |
| 144 | Aruba | 39.66% | 2024 |
| 145 | Tonga | 39.46% | 2025 |
| 146 | Madagascar | 39.44% | 2025 |
| 147 | Mali | 39.35% | 2025 |
| 148 | Dominica | 39.1% | 2025 |
| 149 | Angola | 38.84% | 2025 |
| 150 | French Polynesia | 38.74% | 2024 |
| 151 | Zimbabwe | 38.7% | 2025 |
| 152 | Samoa | 38.12% | 2025 |
| 153 | United Kingdom | 37.59% | 2025 |
| 154 | St. Kitts and Nevis | 37.52% | 2025 |
| 155 | Nepal | 36.73% | 2025 |
| 156 | Benin | 36.39% | 2025 |
| 157 | Indonesia | 36.3% | 2025 |
| 158 | Myanmar | 36.28% | 2025 |
| 159 | Australia | 36.04% | 2025 |
| 160 | New Zealand | 35.69% | 2025 |
| 161 | Dominican Republic | 35.58% | 2025 |
| 162 | Bahamas, The | 35.58% | 2024 |
| 163 | Japan | 33.68% | 2025 |
| 164 | Equatorial Guinea | 33.53% | 2025 |
| 165 | Nigeria | 33.33% | 2025 |
| 166 | Algeria | 33.27% | 2025 |
| 167 | Macao SAR, China | 33.18% | 2025 |
| 168 | Barbados | 33.14% | 2025 |
| 169 | China | 32.59% | 2025 |
| 170 | Sri Lanka | 32.22% | 2025 |
| 171 | Guinea-Bissau | 31.73% | 2025 |
| 172 | Malawi | 30.89% | 2025 |
| 173 | Bolivia | 30.46% | 2025 |
| 174 | India | 30.3% | 2025 |
| 175 | Eritrea | 29.36% | 2025 |
| 176 | Chad | 28.87% | 2025 |
| 177 | Uruguay | 28.33% | 2025 |
| 178 | Russian Federation | 28.19% | 2025 |
| 179 | Brazil | 28.16% | 2025 |
| 180 | Tanzania | 27.47% | 2025 |
| 181 | Central African Republic | 27% | 2025 |
| 182 | Cayman Islands | 26.44% | 2024 |
| 183 | Colombia | 26.36% | 2025 |
| 184 | Turks and Caicos Islands | 26.24% | 2024 |
| 185 | Bangladesh | 25.76% | 2025 |
| 186 | Israel | 25.29% | 2025 |
| 187 | Yemen, Rep. | 24.66% | 2025 |
| 188 | Cameroon | 24.6% | 2025 |
| 189 | Ethiopia | 24.21% | 2025 |
| 190 | Argentina | 23.85% | 2025 |
| 191 | Pakistan | 23.67% | 2025 |
| 192 | Comoros | 23.09% | 2025 |
| 193 | São Tomé and Principe | 22.52% | 2025 |
| 194 | Venezuela, RB | 22.48% | 2025 |
| 195 | Afghanistan | 22.24% | 2025 |
| 196 | Kenya | 22.23% | 2025 |
| 197 | Niger | 21.25% | 2025 |
| 198 | United States | 18.5% | 2025 |
| 199 | Guam | 18.42% | 2022 |
| 200 | Haiti | 16.15% | 2025 |
| 201 | Sudan | 14.96% | 2025 |
| 202 | Bermuda | 14.55% | 2024 |
| 203 | Cuba | 8.32% | 2020 |
Regions and income groups
More private sector & trade indicators
- New business density (new registrations per 1,000 people ages 15-64)
- New businesses registered (number)
- Investment in energy with private participation (current US$)
- Public private partnerships investment in energy (current US$)
- International tourism, number of arrivals
- International tourism, number of departures
- International tourism, receipts (current US$)
- International tourism, receipts (% of total exports)
- International tourism, receipts for passenger transport items (current US$)
- International tourism, expenditures for passenger transport items (current US$)
- International tourism, receipts for travel items (current US$)
- International tourism, expenditures for travel items (current US$)
Reading data like this
Source
World Bank, World Development Indicators, TG.VAL.TOTL.GD.ZS, CC BY 4.0. Original source: World Trade Organization (WTO); World Bank GDP estimates, World Bank (WB); World Development Indicators, World Bank (WB) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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