Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Macao

Merchandise trade (% of GDP) in Macao in 2025 — 33.18%. Ranked 158 in the world out of 189. Since 1982, the indicator has fallen by 92.94 pp.

2025 33.18% −2.58 pp vs 2024
World rank 158of 189
Period maximum 131.51%1983
Period minimum 21.59%2017

Trend over time

1982–2025 · % of GDP

Merchandise trade (% of GDP) — Macao, 1982–202505010015019821987199219972002200720122017202220251982: 126.13%1983: 131.51%1984: 130.95%1985: 123.64%1986: 125.64%1987: 128.82%1988: 122.03%1989: 115.42%1990: 99.8%1991: 93.41%1992: 75.98%1993: 67.28%1994: 61.27%1995: 57.32%1996: 55.68%1997: 58.2%1998: 60.26%1999: 64.76%2000: 76.23%2001: 74.69%2002: 72.78%2003: 70.49%2004: 64.89%2005: 57.48%2006: 52.39%2007: 46.57%2008: 37.46%2009: 26.46%2010: 23.01%2011: 23.87%2012: 23.16%2013: 21.87%2014: 22.76%2015: 26.57%2016: 22.64%2017: 21.59%2018: 23.01%2019: 23.18%2020: 51.19%2021: 68.03%2022: 76.28%2023: 42.07%2024: 35.76%2025: 33.18%
Change over the period: −92.94 pp Annual average: -2.16 pp

Comparison, 2025

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

Macao 33.18%
World 43.89%
Eastern Asia computed 41.12%
High-income countries computed 44.15%
Merchandise trade (% of GDP) — Macao, by year Macao All countries CSV XLSX
Year % Change, pp
2025 33.18 −2.58 pp
2024 35.76 −6.31 pp
2023 42.07 −34.2 pp
2022 76.28 +8.25 pp
2021 68.03 +16.84 pp
2020 51.19 +28.01 pp
2019 23.18 +0.17 pp
2018 23.01 +1.42 pp
2017 21.59 −1.06 pp
2016 22.64 −3.93 pp
2015 26.57 +3.81 pp
2014 22.76 +0.89 pp
2013 21.87 −1.28 pp
2012 23.16 −0.71 pp
2011 23.87 +0.86 pp
2010 23.01 −3.45 pp
2009 26.46 −11 pp
2008 37.46 −9.11 pp
2007 46.57 −5.82 pp
2006 52.39 −5.09 pp
2005 57.48 −7.4 pp
2004 64.89 −5.6 pp
2003 70.49 −2.29 pp
2002 72.78 −1.91 pp
2001 74.69 −1.54 pp
2000 76.23 +11.47 pp
1999 64.76 +4.5 pp
1998 60.26 +2.06 pp
1997 58.2 +2.53 pp
1996 55.68 −1.64 pp
1995 57.32 −3.95 pp
1994 61.27 −6.01 pp
1993 67.28 −8.7 pp
1992 75.98 −17.43 pp
1991 93.41 −6.39 pp
1990 99.8 −15.62 pp
1989 115.42 −6.61 pp
1988 122.03 −6.79 pp
1987 128.82 +3.18 pp
1986 125.64 +2.01 pp
1985 123.64 −7.31 pp
1984 130.95 −0.56 pp
1983 131.51 +5.38 pp
1982 126.13

Eastern Asia, 2025

The same indicator for neighboring countries — with links to their pages

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.