Merchandise trade (% of GDP) in Saint Martin in 2021 — 145.56%. Ranked 13 in the world out of 204. Since 2011, the indicator has risen by 34.59 pp.
2011–2021 · % of GDP
How the value compares with the world and the groups this territory belongs to: Saint Martin
| Year | % | Change, pp |
|---|---|---|
| 2021 | 145.56 | — |
| 2019 | 169.12 | — |
| 2014 | 148.14 | — |
| 2011 | 110.97 | — |
The same indicator for neighboring countries — with links to their pages
Saint Martin
145.56
Sint Maarten
67.92
Curaçao
66.69
Trinidad and Tobago
59.37
Jamaica
46.68
Saint Vincent and the Grenadines
45.91
Dominica
44.41
Grenada
42.95
Aruba
41.08
Dominican Republic
38.76
Antigua and Barbuda
38.39
Saint Kitts and Nevis
36.1
Saint Lucia
35.33
Barbados
34.02
Turks and Caicos Islands
33.56
Bahamas
33.45
Haiti
27.95
Cayman Islands
25.62
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.