Merchandise trade (% of GDP)
Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.
Description: The map below shows how Merchandise trade (% of GDP) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is Hong Kong SAR, China, with a value of 329.97. The country with the lowest value in the world is Cuba, with a value of 12.77.
Source: World Trade Organization, and World Bank GDP estimates.
Aggregation method: Weighted average