North America - Merchandise trade

Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in North America was 20.55 as of 2020. Its highest value over the past 60 years was 26.90 in 2011, while its lowest value was 7.91 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 8.20
1961 7.99
1962 7.91
1963 7.94
1964 8.36
1965 8.39
1966 8.81
1967 8.79
1968 9.35
1969 9.46
1970 10.05
1971 10.03
1972 10.72
1973 12.56
1974 16.34
1975 15.33
1976 15.87
1977 16.10
1978 16.60
1979 18.24
1980 19.58
1981 18.64
1982 16.43
1983 15.53
1984 16.82
1985 15.80
1986 15.85
1987 16.45
1988 17.62
1989 17.70
1990 17.72
1991 17.47
1992 17.80
1993 18.19
1994 19.36
1995 20.82
1996 20.96
1997 21.70
1998 21.11
1999 21.48
2000 23.30
2001 21.16
2002 20.29
2003 20.61
2004 22.18
2005 23.34
2006 24.39
2007 24.99
2008 26.63
2009 20.90
2010 24.31
2011 26.90
2012 26.70
2013 25.99
2014 25.78
2015 23.53
2016 22.21
2017 22.74
2018 23.27
2019 22.09
2020 20.55

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade