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Australia - Trade Openness 2003

Name: Australia Trade Openness 2003
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

40.13% −1.25% from 2002 Global rank: 22nd

Australia's trade openness was 40.13% in 2003, decreased +1.25% from 41.38% in 2002. This was the 22nd highest globally.

Global Ranking - 2003▾

Trade Openness by Country - 2003
Rank	Country	Value	YoY
1st	Japan	21.33%	4.3%
2nd	United States	22.63%	1.5%
3rd	Pakistan	24.65%	6.6%
4th	Sudan	26.44%	3.2%
5th	Cuba	26.59%	7.5%
6th	Bangladesh	27.66%	-4.5%
7th	Brazil	28.14%	1.9%
8th	Rwanda	29.31%	6.2%
9th	Burkina Faso	30.37%	-3.0%
10th	Tanzania	30.45%	10.7%
11th	India	30.59%	3.7%
12th	Niger	33.38%	8.3%
13th	Madagascar	34.03%	-32.2%
14th	Guinea	35.08%	-7.8%
15th	Comoros	35.76%	0.0%
16th	Central African Republic	36.23%	0.3%
17th	Colombia	36.52%	10.7%
18th	Uganda	36.59%	0.8%
19th	Haiti	37.20%	49.1%
20th	Peru	37.62%	6.7%
21st	Guinea-Bissau	38.03%	-4.1%
22nd	Australia	40.13%	-3.0%
23rd	Cameroon	40.24%	-17.0%
24th	Argentina	40.64%	-2.7%
25th	Benin	41.62%	-4.9%
26th	Nepal	44.25%	-4.3%
27th	South Africa	45.72%	-14.5%
28th	Italy	45.99%	-3.9%
29th	Egypt, Arab Republic of	46.18%	12.7%
30th	Türkiye	46.37%	-3.6%
31st	Sierra Leone	46.45%	19.3%
32nd	Mali	46.89%	1.2%
33rd	Greece	47.89%	-4.3%
34th	Mexico	48.70%	7.7%
35th	United Kingdom	50.07%	-2.3%
36th	Iran, Islamic Republic of	50.68%	5.2%
37th	Senegal	50.82%	-4.4%
38th	China	51.08%	21.1%
39th	Uruguay	51.76%	29.3%
40th	Bolivia, Plurinational State of	51.97%	5.3%
41st	Morocco	52.33%	-3.6%
42nd	Ecuador	52.36%	-4.5%
43rd	France	52.60%	-4.6%
44th	Côte d'Ivoire	53.26%	-4.7%
45th	Spain	53.44%	-3.0%
46th	Indonesia	53.62%	-9.2%
47th	Congo, Democratic Republic of	54.03%	84.3%
48th	Lebanon	54.09%	6.0%
49th	Kenya	54.13%	-1.9%
50th	Mauritania	55.32%	-2.6%
51st	Togo	55.39%	7.3%
52nd	Solomon Islands	55.96%	24.0%
53rd	Romania	56.18%	4.6%
54th	Algeria	57.77%	2.1%
55th	New Zealand	57.91%	-7.6%
56th	Serbia	58.29%	7.4%
57th	Germany	58.91%	1.0%
58th	Russian Federation	59.13%	-0.9%
59th	Korea	59.42%	4.9%
60th	Lao PDR	60.57%	-9.9%
61st	Portugal	61.14%	-1.9%
62nd	Syrian Arab Republic	61.55%	-14.1%
63rd	New Caledonia	61.89%	10.3%
64th	Nicaragua	62.18%	7.0%
65th	Zambia	62.31%	-4.0%
66th	Turkmenistan	63.20%	-0.8%
67th	Guam	64.02%	-7.1%
68th	Albania	64.82%	-1.8%
69th	Chile	65.69%	5.1%
70th	Norway	66.32%	-1.8%
71st	Israel	66.88%	2.2%
72nd	Guatemala	67.00%	-0.2%
73rd	European Union	67.36%	-1.6%
74th	Iceland	67.40%	-1.9%
75th	Finland	68.07%	-1.8%
76th	El Salvador	68.24%	3.5%
77th	Gambia, The	68.86%	15.5%
78th	Poland	69.21%	13.8%
79th	Saudi Arabia	69.83%	8.1%
80th	Canada	69.84%	-7.7%
81st	Mozambique	70.17%	-4.3%
82nd	Zimbabwe	70.45%	5.5%
83rd	Uzbekistan	70.46%	19.5%
84th	Bahamas, The	71.06%	1.1%
85th	North Macedonia	71.07%	-0.6%
86th	Bhutan	72.85%	3.7%
87th	Tonga	73.22%	-0.8%
88th	Eritrea	74.01%	-3.4%
89th	Yemen, Republic of	74.38%	-0.5%
90th	Sweden	75.33%	-2.3%
91st	Sri Lanka	75.34%	-1.3%
92nd	Samoa	76.27%	-13.2%
93rd	West Bank and Gaza	76.40%	0.2%
94th	Montenegro	77.60%	-18.5%
95th	Georgia	77.63%	8.4%
96th	Bulgaria	79.01%	5.0%
97th	Armenia	80.05%	8.2%
98th	Gabon	80.30%	-5.3%
99th	Bosnia and Herzegovina	80.57%	2.3%
100th	Denmark	80.76%	-4.4%
101st	Paraguay	81.13%	2.1%
102nd	Croatia	81.44%	0.3%
103rd	Tunisia	82.39%	-3.5%
104th	Costa Rica	83.33%	3.6%
105th	Chad	83.38%	-34.0%
106th	Kyrgyz Republic	83.93%	1.2%
107th	Dominican Republic	84.45%	22.9%
108th	Oman	84.85%	1.4%
109th	Botswana	85.83%	-6.5%
110th	Kuwait	86.56%	6.6%
111th	Austria	86.88%	-0.8%
112th	Greenland	87.30%	-
113th	Philippines	87.57%	4.4%
114th	Latvia	88.58%	3.0%
115th	Brunei Darussalam	89.09%	-4.4%
116th	Qatar	90.16%	1.9%
117th	Switzerland	90.34%	-1.6%
118th	Libya	90.61%	14.9%
119th	Angola	90.68%	0.1%
120th	Kazakhstan	91.46%	-2.7%
121st	Vanuatu	91.57%	-0.1%
122nd	Belize	94.36%	1.4%
123rd	Czechia	94.65%	4.1%
124th	Namibia	95.95%	1.6%
125th	Micronesia, Federated States of	96.70%	5.4%
126th	Ghana	97.29%	-0.2%
127th	Lithuania	98.09%	-2.2%
128th	Cabo Verde	98.77%	-2.3%
129th	United Arab Emirates	102.30%	9.9%
130th	Ukraine	102.59%	6.9%
131st	Slovenia	103.28%	-1.5%
132nd	Kiribati	103.93%	-17.3%
133rd	Azerbaijan	107.55%	15.9%
134th	Faroe Islands	108.26%	9.8%
135th	Mauritius	108.66%	-8.1%
136th	Netherlands	111.30%	-1.3%
137th	Cyprus	114.00%	-7.8%
138th	Jordan	115.71%	1.5%
139th	Thailand	116.69%	1.5%
140th	Hungary	116.79%	-1.3%
141st	Marshall Islands	117.02%	14.4%
142nd	Panama	117.27%	-6.9%
143rd	Puerto Rico (US)	118.84%	11.8%
144th	Cambodia	120.07%	1.5%
145th	Mongolia	120.30%	1.5%
146th	Honduras	122.25%	3.6%
147th	Timor-Leste	122.31%	-32.2%
148th	Estonia	122.74%	-0.4%
149th	Papua New Guinea	123.45%	3.8%
150th	Viet Nam	124.33%	6.5%
151st	Slovak Republic	126.00%	4.5%
152nd	Bahrain	128.09%	-2.3%
153rd	Belgium	132.72%	-2.5%
154th	Aruba	132.79%	-0.3%
155th	Belarus	134.14%	2.4%
156th	Tajikistan	137.67%	-0.7%
157th	Moldova	140.06%	7.9%
158th	Ireland	146.53%	-10.5%
159th	Macao SAR, China	150.79%	-1.0%
160th	Northern Mariana Islands	152.70%	0.5%
161st	Iraq	154.23%	28.8%
162nd	Malta	154.57%	-4.9%
163rd	Congo, Republic of	156.86%	15.8%
164th	Seychelles	168.84%	7.6%
165th	Guyana	189.16%	-3.8%
166th	Malaysia	194.20%	-2.6%
167th	American Samoa	207.44%	-1.7%
168th	Luxembourg	244.98%	-2.3%
169th	Hong Kong SAR, China	292.45%	14.2%
170th	Virgin Islands (US)	362.97%	28.2%
171st	Singapore	377.22%	7.9%

FAQ

What was Australia's trade openness in 2003?▾

Australia's trade openness in 2003 was 40.13%. This ranked 22nd globally.

How did Australia's trade openness change in 2003?▾

Australia's trade openness decreased by 3.0% in 2003 compared to 2002.

Which country had the highest trade openness in 2003?▾

Singapore had the highest trade openness in 2003 at 377.22%.

What is the trade openness of Australia in 2003?▾

The trade openness of Australia in 2003 was 40.13%. This ranked 22nd globally.

How does 2003 compare to 2002 for Australia's trade openness?▾

Australia's trade openness went from 41.38% in 2002 to 40.13% in 2003, a 3.0% decrease.

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