Euro area - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Euro area was 66.73 as of 2020. Its highest value over the past 60 years was 71.08 in 2018, while its lowest value was 26.27 in 1962.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1960 27.23
1961 27.07
1962 26.27
1963 26.37
1964 26.70
1965 26.79
1966 27.13
1967 26.39
1968 27.14
1969 29.01
1970 30.38
1971 30.30
1972 30.55
1973 32.64
1974 38.93
1975 35.29
1976 38.42
1977 38.44
1978 37.21
1979 39.36
1980 40.66
1981 42.55
1982 41.97
1983 41.29
1984 43.90
1985 44.62
1986 38.79
1987 38.17
1988 38.57
1989 40.84
1990 39.97
1991 38.82
1992 37.29
1993 36.58
1994 39.43
1995 42.18
1996 42.70
1997 45.92
1998 47.49
1999 51.26
2000 59.11
2001 58.17
2002 56.06
2003 55.13
2004 57.41
2005 60.18
2006 63.79
2007 65.21
2008 66.22
2009 55.62
2010 63.65
2011 68.98
2012 70.16
2013 68.92
2014 68.31
2015 68.31
2016 66.79
2017 69.63
2018 71.08
2019 70.04
2020 66.73

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade