Asia Trade (% GDP) Ranking (2024)
In 2024, trade (% GDP) in Asia was highest in Hong Kong at 359.40%, followed by Singapore at 322.37% and the United Arab Emirates at 202.33%. The average trade (% GDP) across countries in Asia was 99.60%, the median was 82.69%, and Bangladesh recorded the lowest trade (% GDP) at 26.78%, according to the World Bank.
Data is available for the period 1960 to 2024 across 45 countries in Asia.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 359.4% | 352.99% | 2024 | |
| 2 | 322.37% | 325.69% | 2024 | |
| 3 | 202.33% | 188.95% | 2023 | |
| 4 | 164.82% | 183.15% | 2023 | |
| 5 | 157.45% | 167.14% | 2023 | |
| 6 | 152.14% | 119.71% | 2024 | |
| 7 | 150.03% | 162.24% | 2023 | |
| 8 | 143.45% | 134.21% | 2024 | |
| 9 | 138.89% | 142.86% | 2024 | |
| 10 | 137.37% | 132.06% | 2024 | |
| 11 | 136.77% | 128.82% | 2024 | |
| 12 | 135.12% | 142.01% | 2024 | |
| 13 | 133.22% | 136.86% | 2024 | |
| 14 | 132.37% | 133.79% | 2023 | |
| 15 | 105.92% | 105.75% | 2023 | |
| 16 | 104.34% | 107.15% | 2024 | |
| 17 | 104.21% | 114.89% | 2023 | |
| 18 | 100.21% | 92.78% | 2022 | |
| 19 | 99.68% | 100.35% | 2024 | |
| 20 | 90.92% | 82% | 2022 | |
| 21 | 89.3% | 97.62% | 2023 | |
| 22 | 87.94% | 96.54% | 2023 | |
| 23 | 82.69% | 83.54% | 2024 | |
| 24 | 81.56% | 85.57% | 2023 | |
| 25 | 81.31% | 79.53% | 2024 | |
| 26 | 74.74% | 69.46% | 2024 | |
| 27 | 67.58% | 72.89% | 2023 | |
| 28 | 65.89% | 67.42% | 2024 | |
| 29 | 65.63% | 65.44% | 2023 | |
| 30 | 61.96% | 68.33% | 2023 | |
| 31 | 60.73% | 66.11% | 2024 | |
| 32 | 56.08% | 42.97% | 2018 | |
| 33 | 54.8% | 54.17% | 2024 | |
| 34 | 54.45% | 57.99% | 2024 | |
| 35 | 49.71% | 52.18% | 2024 | |
| 36 | 45.15% | 46.81% | 2023 | |
| 37 | 44.67% | 44.99% | 2024 | |
| 38 | 42.57% | 41.34% | 2024 | |
| 39 | 42.4% | 43.54% | 2024 | |
| 40 | 40.53% | 41.57% | 2024 | |
| 41 | 37.2% | 36.11% | 2024 | |
| 42 | 35.61% | 61.22% | 2022 | |
| 43 | 34.1% | 37.36% | 2023 | |
| 44 | 27.48% | 28.6% | 2024 | |
| 45 | 26.78% | 30.98% | 2024 |
Asia Trade (% GDP) Ranking (2024) : Definition
Trade (% GDP) measures the sum of exports and imports (goods and services) expressed as a percentage of nominal GDP for the reporting year.