U.S. Trade to GDP Ratio 1970-2023

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • U.S. trade to gdp ratio for 2021 was 25.48%, a 2.1% increase from 2020.
  • U.S. trade to gdp ratio for 2020 was 23.38%, a 3.07% decline from 2019.
  • U.S. trade to gdp ratio for 2019 was 26.45%, a 1.16% decline from 2018.
  • U.S. trade to gdp ratio for 2018 was 27.61%, a 0.33% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Hong Kong 402.22%
Luxembourg 388.12%
Singapore 338.31%
Malta 287.67%
Ireland 229.45%
Slovak Republic 187.83%
Belgium 172.67%
Cyprus 170.31%
Macao 163.90%
Hungary 162.79%
Slovenia 160.92%
Estonia 156.96%
Lithuania 156.47%
Netherlands 155.70%
Seychelles 152.74%
Brunei 147.12%
Czech Republic 142.50%
Aruba 137.16%
Switzerland 130.85%
Latvia 130.37%
Poland 112.45%
Denmark 112.18%
Austria 111.22%
Faroe Islands 104.90%
Croatia 104.03%
Puerto Rico 96.67%
Oman 93.92%
Qatar 93.05%
Panama 92.70%
Greece 89.46%
Germany 88.74%
Sweden 86.69%
Portugal 86.17%
South Korea 80.49%
Finland 78.60%
Iceland 78.18%
Bermuda 72.23%
Norway 70.89%
Barbados 70.85%
Bahamas 69.63%
Spain 68.38%
Chile 64.43%
Italy 62.98%
Guam 62.93%
Canada 61.37%
France 60.84%
Saudi Arabia 59.12%
Uruguay 56.81%
United Kingdom 56.67%
Israel 54.96%
New Zealand 49.10%
Australia 39.87%
Japan 37.38%
Argentina 32.98%
United States 25.48%
U.S. Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2021 25.48% 2.10%
2020 23.38% -3.07%
2019 26.45% -1.16%
2018 27.61% 0.33%
2017 27.28% 0.69%
2016 26.59% -1.23%
2015 27.81% -2.19%
2014 30.00% 0.00%
2013 30.00% -0.68%
2012 30.68% -0.16%
2011 30.84% 2.62%
2010 28.22% 3.46%
2009 24.76% -5.11%
2008 29.87% 1.86%
2007 28.01% 1.04%
2006 26.98% 1.34%
2005 25.64% 1.19%
2004 24.45% 1.82%
2003 22.63% 0.34%
2002 22.29% -0.68%
2001 22.97% -2.14%
2000 25.10% 1.79%
1999 23.31% 0.49%
1998 22.83% -0.60%
1997 23.43% 0.74%
1996 22.69% 0.23%
1995 22.45% 1.40%
1994 21.06% 1.01%
1993 20.04% 0.09%
1992 19.95% 0.16%
1991 19.79% -0.03%
1990 19.82% 0.40%
1989 19.42% 0.34%
1988 19.07% 1.10%
1987 17.97% 1.08%
1986 16.90% 0.29%
1985 16.60% -0.92%
1984 17.52% 0.86%
1983 16.67% -0.87%
1982 17.54% -1.89%
1981 19.43% -0.68%
1980 20.11% 1.73%
1979 18.38% 1.40%
1978 16.97% 0.55%
1977 16.42% 0.37%
1976 16.05% 0.53%
1975 15.52% -0.93%
1974 16.45% 3.37%
1973 13.08% 1.74%
1972 11.34% 0.58%
1971 10.76% 0.00%
1970 10.76% 0.00%