Which economies export the most?
Exports play an important role in boosting employment and driving economic growth.
This 2013 data from the World Bank analyses exports of goods and other market services as a percentage of GDP. This includes the value of merchandise, freight and travel, as well as services such as communication, finance and construction.
Which are the most export-driven economies?
Hong Kong comes in first, with exports worth over 200% their GDP. Luxemburg also returns a figure over 200%. Another Special Administrative Region (SAR), Macao, also features in the top 10, while Equatorial Guinea is the only African representative in 10th place. This data is taken from the World Bank’s National Accounts and the OECD National Accounts data files.
Have you read?
How can we invigorate global trade?
Are corporations using trade deals for good?
What’s the future for Chinese trade?
To keep up with the Agenda subscribe to our weekly newsletter.
Author: Joe Myers is a Digital Content Producer at Formative Content.
Image: A container ship departs Burrard Inlet in Vancouver, British Columbia. REUTERS/Andy Clark.
Don't miss any update on this topic
Create a free account and access your personalized content collection with our latest publications and analyses.
License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.
The views expressed in this article are those of the author alone and not the World Economic Forum.
Stay up to date:
Trade and Investment
The Agenda Weekly
A weekly update of the most important issues driving the global agenda
You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.
More on Economic GrowthSee all
John Letzing
December 6, 2024