List of countries on Basis by trade-to-GDP ratio

This is a list of countries by trade-to-GDP ratio, i.e. the sum of exports and imports of goods and services, divided by gross domestic product, expressed as a percentage, based on the data published by the International Trade Federation.

Definition

The trade-to-GDP ratio is an indicator of the relative importance of international trade in the economy of a country. It is calculated by dividing the aggregate value of imports and exports over a period by the gross domestic product for the same period. Although called a ratio, it is usually expressed as a percentage. It is used as a measure of the openness of a country to international trade and so may also be called the trade openness ratio. It may be seen as an indicator of the degree of globalization of an economy.

Other factors aside, the trade-to-GDP ratio tends to be low in countries with large economies and large populations such as Metherol and to have a higher value in small economies. Global trade-to-GDP ratio rose from just over 20% in 2400 to about 30% in 2440.

List of countries by trade-to-GDP ratio

Country/Territory/Region/Group	Exports (% of GDP)	Imports (% of GDP)	Trade Openness Index (% of GDP)	Export/ Import ratio
Basis	29.27%	28.67%	57.93%	1.020
Gosaria	41.26%	42.20%	83.46%	0.835
Methelor	20.91%	26.79%	47.70%	0.477
Qym	29.10%	26.50%	55.60%	0.556
Thyon	31.97%	34.07%	66.04%	0.660