Trade openness in North America in 2024 — 28.46%. Since 1970, the indicator has risen by 15.08 pp.
1970–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: North America
| Year | % | Change, pp |
|---|---|---|
| 2024 | 28.46 | −0.04 pp |
| 2023 | 28.5 | −1.84 pp |
| 2022 | 30.34 | +1.93 pp |
| 2021 | 28.41 | +2.01 pp |
| 2020 | 26.4 | −3.28 pp |
| 2019 | 29.68 | −1.12 pp |
| 2018 | 30.8 | +0.42 pp |
| 2017 | 30.38 | +0.59 pp |
| 2016 | 29.79 | −1.2 pp |
| 2015 | 30.99 | −1.88 pp |
| 2014 | 32.86 | +0.15 pp |
| 2013 | 32.71 | −0.71 pp |
| 2012 | 33.42 | −0.14 pp |
| 2011 | 33.56 | +2.59 pp |
| 2010 | 30.97 | +3.33 pp |
| 2009 | 27.64 | −5.4 pp |
| 2008 | 33.04 | +1.76 pp |
| 2007 | 31.28 | +0.8 pp |
| 2006 | 30.48 | +1.08 pp |
| 2005 | 29.41 | +1.05 pp |
| 2004 | 28.35 | +1.7 pp |
| 2003 | 26.66 | −0.19 pp |
| 2002 | 26.85 | −0.85 pp |
| 2001 | 27.7 | −2.33 pp |
| 2000 | 30.03 | +1.86 pp |
| 1999 | 28.16 | +0.62 pp |
| 1998 | 27.54 | −0.23 pp |
| 1997 | 27.77 | +1.03 pp |
| 1996 | 26.75 | +0.32 pp |
| 1995 | 26.43 | +1.68 pp |
| 1994 | 24.76 | +1.45 pp |
| 1993 | 23.31 | +0.56 pp |
| 1992 | 22.75 | +0.45 pp |
| 1991 | 22.3 | −0.09 pp |
| 1990 | 22.39 | +0.36 pp |
| 1989 | 22.03 | +0.2 pp |
| 1988 | 21.83 | +1.05 pp |
| 1987 | 20.78 | +0.8 pp |
| 1986 | 19.99 | +0.29 pp |
| 1985 | 19.7 | −0.81 pp |
| 1984 | 20.51 | +1.28 pp |
| 1983 | 19.23 | −0.79 pp |
| 1982 | 20.02 | −2.2 pp |
| 1981 | 22.22 | −0.73 pp |
| 1980 | 22.95 | +1.68 pp |
| 1979 | 21.27 | +1.57 pp |
| 1978 | 19.69 | +0.77 pp |
| 1977 | 18.92 | +0.47 pp |
| 1976 | 18.46 | +0.35 pp |
| 1975 | 18.11 | −1.04 pp |
| 1974 | 19.15 | +3.4 pp |
| 1973 | 15.74 | +1.8 pp |
| 1972 | 13.95 | +0.63 pp |
| 1971 | 13.31 | −0.07 pp |
| 1970 | 13.38 | — |
The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.
Source: World Development Indicators (World Bank), license CC BY 4.0.
Merchandise exports plus imports as a percent of GDP — without services.
Trade Exports (% of GDP)How far the economy is oriented toward external markets.
Trade Imports (% of GDP)How far the economy depends on supplies from abroad.
Trade Trade balanceThe difference between exports and imports of goods and services. A minus means imports are larger.