Trade openness

Exports + imports, % of GDP · annual 2000–{{year}} · World Bank WDI · {{count}} countries

Exports plus imports as a share of GDP. The rate often exceeds 100%: that is not an error, it adds two gross flows and divides them by a net value added.

World Bank WDI series. The main bias is size: at equal integration, a small country trades far more externally simply because its home market is narrow.

A high rate signals deep insertion into value chains, but also exposure: Singapore and Belgium depend on world trade in a way the United States never will.

The most extreme values belong to re-export platforms, where goods enter and leave almost unchanged: Singapore, Hong Kong, Luxembourg. At the other end, the large continental economies — United States, Brazil, Japan — sit low because most of their trade is internal.