Trade openness - Country rankings
* indicates monthly or quarterly data series
Trade openness: exports plus imports as percent of GDP, 2023:
The average for 2023 based on 9 countries was 51.32 percent. The highest value was in Paraguay: 82.99 percent and the lowest value was in Argentina: 26.64 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.Measure: percent; Source: The World Bank
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* indicates monthly or quarterly data series
| Countries | Trade openness, 2023 | Global rank | Available data |
|---|---|---|---|
| Paraguay | 82.99 | 1 | - |
| Chile | 60.97 | 2 | - |
| Ecuador | 57.85 | 3 | - |
| Bolivia | 56.46 | 4 | - |
| Uruguay | 51.73 | 5 | - |
| Peru | 50.91 | 6 | - |
| Colombia | 40.49 | 7 | - |
| Brazil | 33.85 | 8 | - |
| Argentina | 26.64 | 9 | - |
Definition: Exports plus imports as percent of GDP.
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82.99
60.97
57.85
56.46
51.73
50.91
40.49
33.85
26.64
0
20.7
41.5
62.2
82.99
Trade openness around the world Trade openness in Europe Trade openness in Asia Trade openness in Africa Trade openness in North America Trade openness in Australia/Oceania Trade openness in the European union Trade openness in Sub Sahara Africa Trade openness in MENA Trade openness in South East Asia Trade openness in Latin America