Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Mercosur

Merchandise trade (% of GDP) in Mercosur in 2025 — 27.8%. Since 1960, the indicator has risen by 11.73 pp.

2025 27.8% +0.34 pp vs 2024
World rank
Period maximum 31.73%2022
Period minimum 11.15%1966

Trend over time

1960–2025 · % of GDP

Merchandise trade (% of GDP) — Mercosur, 1960–20251020304019601967197419811988199520022009201620231960: 16.07%1962: 14.66%1964: 11.81%1966: 11.15%1968: 11.54%1970: 12.89%1972: 13.97%1974: 16.79%1976: 15.75%1978: 13.8%1980: 20.67%1982: 15.63%1984: 18.32%1986: 14.25%1988: 15.24%1990: 14.15%1992: 16.07%1994: 15.74%1996: 14.32%1998: 15.3%2000: 18.22%2002: 24.47%2004: 27.27%2006: 24.49%2008: 25.79%2010: 20.67%2012: 21.83%2014: 21.21%2016: 19.65%2018: 23.49%2020: 26.09%2022: 31.73%2024: 27.45%2025: 27.8%
Change over the period: +11.73 pp Annual average: 0.18 pp

Comparison, 2025

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

Mercosur 27.8%
World 43.89%
Merchandise trade (% of GDP) — Mercosur, by year Mercosur All countries CSV XLSX
Year % Change, pp
2025 27.8 +0.34 pp
2024 27.45 +0.75 pp
2023 26.71 −5.02 pp
2022 31.73 +0.47 pp
2021 31.26 +5.17 pp
2020 26.09 +2.47 pp
2019 23.62 +0.13 pp
2018 23.49 +3.87 pp
2017 19.62 −0.03 pp
2016 19.65 −1.69 pp
2015 21.34 +0.13 pp
2014 21.21 −0.93 pp
2013 22.14 +0.31 pp
2012 21.83 +0.14 pp
2011 21.69 +1.02 pp
2010 20.67 +0.62 pp
2009 20.05 −5.74 pp
2008 25.79 +1.8 pp
2007 23.99 −0.51 pp
2006 24.49 −0.74 pp
2005 25.23 −2.04 pp
2004 27.27 +2.06 pp
2003 25.21 +0.74 pp
2002 24.47 +4.13 pp
2001 20.34 +2.12 pp
2000 18.22 +0.81 pp
1999 17.41 +2.11 pp
1998 15.3 −0.25 pp
1997 15.55 +1.22 pp
1996 14.32 −0.21 pp
1995 14.53 −1.21 pp
1994 15.74 −0.75 pp
1993 16.49 +0.42 pp
1992 16.07 +1.3 pp
1991 14.77 +0.61 pp
1990 14.15 −0.44 pp
1989 14.59 −0.65 pp
1988 15.24 +0.61 pp
1987 14.62 +0.37 pp
1986 14.25 −3.65 pp
1985 17.9 −0.42 pp
1984 18.32 +0.56 pp
1983 17.76 +2.13 pp
1982 15.63 −4.28 pp
1981 19.91 −0.76 pp
1980 20.67 +2.99 pp
1979 17.68 +3.88 pp
1978 13.8 −2.02 pp
1977 15.82 +0.07 pp
1976 15.75 −0.9 pp
1975 16.65 −0.14 pp
1974 16.79 +2.72 pp
1973 14.08 +0.11 pp
1972 13.97 +1.11 pp
1971 12.85 −0.03 pp
1970 12.89 +0.89 pp
1969 12 +0.46 pp
1968 11.54 +0.15 pp
1967 11.4 +0.24 pp
1966 11.15 −0.19 pp
1965 11.35 −0.46 pp
1964 11.81 −1.45 pp
1963 13.26 −1.4 pp
1962 14.66 −0.16 pp
1961 14.82 −1.25 pp
1960 16.07

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.