Economy
Trade Openness
Definition
Total trade (exports + imports) as a percentage of GDP, measuring how integrated an economy is with global markets.
Explanation
Highly trade-open economies like Singapore (trade > 300% of GDP) depend heavily on international commerce. Larger economies like the US tend to be less trade-open because domestic consumption drives most GDP. Trade openness has generally increased over time due to globalization, though trade wars and protectionism can reverse this trend.
See Current Data
Explore trade openness data for all 218 countries with interactive charts and historical trends.
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