Foreign Trade (As % of GDP) fell to 26.6% in USA in 2016

Foreign Trade (As % of GDP) (%)
Economy | USA | March 11, 2019
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Excel Sheet

Foreign trade as a share of GDP reached 26.6 % in 2016 in USA, according to the National Statistical Office. This is 4.7 % less than in the previous year.

Historically, foreign trade as a share of GDP in USA reached an all time high of 30.9 % in 2011 and an all time low of 8.93 % in 1961. When compared to USA's main peers, foreign trade as a share of GDP in Canada amounted to 64.4 %, 37.0 % in China, 31.3 % in Japan and 76.2 % in Mexico in 2016.

USA has been ranked 163rd within the group of 168 countries we follow in terms of foreign trade as a share of GDP, 7 places above the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Foreign Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia % 42.0% 43.3% 41.3% 42.6% 41.5%
Belize % 125% 125% 130% 125% 122%
Canada % 62.3% 62.4% 62.0% 64.1% 65.8%
China % 50.6% 48.1% 46.6% 44.9% 39.5%
Guatemala % 64.0% 61.0% 58.5% 56.7% 51.3%
Honduras % 122% 121% 116% 113% 107%
India % 55.6% 55.8% 53.8% 48.9% 41.9%
Japan % 30.4% 30.6% 34.1% 37.5% 35.6%
Mexico % 63.5% 65.8% 63.8% 65.0% 71.2%
Russia % 47.9% 47.1% 46.2% 47.7% 49.3%
South Korea % 110% 110% 103% 95.3% 83.7%
USA % 30.8% 30.6% 30.0% 30.0% 27.7%
United Kingdom % 62.0% 61.1% 61.1% 58.0% 56.2%