Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — G7

Merchandise trade (% of GDP) in the G7 in 2025 — 30.47%. Since 1960, the indicator has risen by 16.67 pp.

2025 30.47% +0.01 pp vs 2024
World rank
Period maximum 36.01%2008
Period minimum 13.36%1962

Trend over time

1960–2025 · % of GDP

Merchandise trade (% of GDP) — G7, 1960–20251020304019601967197419811988199520022009201620231960: 13.8%1962: 13.36%1964: 14.02%1966: 14.41%1968: 14.96%1970: 16.36%1972: 17.01%1974: 24.48%1976: 23.67%1978: 23.28%1980: 27.53%1982: 24.82%1984: 24.35%1986: 22.02%1988: 22.69%1990: 24.28%1992: 22.84%1994: 22.85%1996: 25.15%1998: 26.4%2000: 28.12%2002: 26.71%2004: 29.33%2006: 33.19%2008: 36.01%2010: 32.79%2012: 35.11%2014: 34.69%2016: 30.88%2018: 33.02%2020: 29.18%2022: 34.9%2024: 30.46%2025: 30.47%
Change over the period: +16.67 pp Annual average: 0.26 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: G7

G7 30.47%
World 43.89%
Merchandise trade (% of GDP) — G7, by year G7 All countries CSV XLSX
Year % Change, pp
2025 30.47 +0.01 pp
2024 30.46 −1.11 pp
2023 31.57 −3.33 pp
2022 34.9 +3.02 pp
2021 31.88 +2.69 pp
2020 29.18 −2.4 pp
2019 31.58 −1.44 pp
2018 33.02 +0.88 pp
2017 32.15 +1.26 pp
2016 30.88 −1.5 pp
2015 32.39 −2.3 pp
2014 34.69 −0.41 pp
2013 35.1 −0.01 pp
2012 35.11 −0.71 pp
2011 35.82 +3.03 pp
2010 32.79 +3.94 pp
2009 28.85 −7.15 pp
2008 36.01 +1.71 pp
2007 34.29 +1.1 pp
2006 33.19 +2.35 pp
2005 30.84 +1.5 pp
2004 29.33 +1.88 pp
2003 27.46 +0.75 pp
2002 26.71 −0.45 pp
2001 27.16 −0.96 pp
2000 28.12 +2 pp
1999 26.12 −0.28 pp
1998 26.4 +0.05 pp
1997 26.35 +1.2 pp
1996 25.15 +0.79 pp
1995 24.36 +1.51 pp
1994 22.85 +1.1 pp
1993 21.75 −1.09 pp
1992 22.84 −0.39 pp
1991 23.23 −1.05 pp
1990 24.28 +0.79 pp
1989 23.49 +0.8 pp
1988 22.69 +0.4 pp
1987 22.29 +0.27 pp
1986 22.02 −1.56 pp
1985 23.58 −0.78 pp
1984 24.35 +1.02 pp
1983 23.33 −1.48 pp
1982 24.82 −1.58 pp
1981 26.4 −1.14 pp
1980 27.53 +1.95 pp
1979 25.58 +2.29 pp
1978 23.28 −0.52 pp
1977 23.8 +0.13 pp
1976 23.67 +1.08 pp
1975 22.59 −1.89 pp
1974 24.48 +5.19 pp
1973 19.29 +2.28 pp
1972 17.01 +0.54 pp
1971 16.46 +0.1 pp
1970 16.36 +0.81 pp
1969 15.55 +0.59 pp
1968 14.96 +0.65 pp
1967 14.31 −0.1 pp
1966 14.41 +0.29 pp
1965 14.12 +0.1 pp
1964 14.02 +0.41 pp
1963 13.61 +0.26 pp
1962 13.36 −0.24 pp
1961 13.6 −0.2 pp
1960 13.8

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.