Globalisation
branch Trade in goods and services
As a percentage of GDP
  2008
Luxembourg 156.5   156.50 
Belgium 85.3   85.30 
Slovak Republic 84.2   84.20 
Hungary 81.7   81.70 
Ireland 78.3   78.30 
Estonia 77.7   77.70 
Czech Republic 74.8   74.80 
Netherlands 72.6   72.60 
Slovenia 69.2   69.20 
Austria 56.5   56.50 
Denmark 53.7   53.70 
Korea 53.5   53.50 
Switzerland 50.8   50.80 
Sweden 50.5   50.50 
Iceland 45.9   45.90 
Finland 45.0   45.00 
Germany 44.1   44.10 
Chile 43.1   43.10 
Poland 42.0   42.00 
EU27 total 41.0   41.00 
Israel 40.8   40.80 
Norway 38.4   38.40 
Portugal 37.7   37.70 
Canada 34.3   34.30 
New Zealand 32.8   32.80 
United Kingdom 30.4   30.40 
Spain 29.5   29.50 
Mexico 29.4   29.40 
Italy 29.1   29.10 
OECD total 28.9   28.90 
Greece 28.3   28.30 
France 27.7   27.70 
Russian Federation 26.5   26.50 
Turkey 26.1   26.10 
Australia 24.5   24.50 
Japan 17.4   17.40 
United States 15.2   15.20 

Definition

The importance of international trade in different countries is measured here by the share of trade in goods and services in GDP. The rates shown correspond to the average of imports and exports of both goods and services at current prices as a percentage of GDP. Goods consist of merchandise imports and exports. Services cover transport, travel, communications, construction, IT, financial, other business, personal and government services, as well as royalties and license fees.

The data are taken from OECD national accounts statistics compiled according to the 1993 System of National Accounts.

For more statistics on economic, environmental and social issues visit online the OECD Factbook 2010.