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Australia - Trade Openness 2021

Name: Australia Trade Openness 2021
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

40.20% −4.30% from 2020 Global rank: 17th

Australia's trade openness was 40.20% in 2021, decreased +4.30% from 44.50% in 2020. This was the 17th highest globally.

Global Ranking - 2021▾

Trade Openness by Country - 2021
Rank	Country	Value	YoY
1st	Sudan	4.13%	-58.5%
2nd	United States	25.61%	9.4%
3rd	Pakistan	27.03%	1.2%
4th	Bangladesh	27.72%	5.5%
5th	Egypt, Arab Republic of	29.86%	-7.1%
6th	Tanzania	29.92%	7.0%
7th	Turkmenistan	33.06%	-8.0%
8th	Argentina	33.08%	9.5%
9th	Kenya	35.00%	15.1%
10th	China	36.52%	7.3%
11th	Cameroon	36.73%	8.9%
12th	Japan	36.74%	17.2%
13th	Niger	37.02%	4.2%
14th	Haiti	37.05%	-1.0%
15th	Brazil	37.66%	16.6%
16th	Colombia	40.06%	17.6%
17th	Australia	40.20%	-9.7%
18th	Indonesia	40.20%	21.9%
19th	Sri Lanka	41.23%	11.2%
20th	Uganda	41.71%	12.7%
21st	Comoros	42.07%	24.7%
22nd	Gambia, The	42.10%	-11.2%
23rd	Sierra Leone	42.14%	37.7%
24th	Iran, Islamic Republic of	42.67%	-2.8%
25th	Nepal	43.05%	5.2%
26th	Chad	43.95%	8.1%
27th	Zimbabwe	44.11%	9.8%
28th	Central African Republic	44.16%	-10.8%
29th	Malawi	44.60%	8.7%
30th	Guinea-Bissau	44.81%	4.5%
31st	Côte d'Ivoire	45.11%	7.6%
32nd	India	45.42%	20.3%
33rd	Algeria	46.84%	16.0%
34th	Bolivia, Plurinational State of	47.67%	27.1%
35th	Benin	48.05%	7.2%
36th	New Zealand	48.54%	10.4%
37th	New Caledonia	49.04%	-10.1%
38th	Guatemala	49.26%	19.7%
39th	Russian Federation	50.59%	10.0%
40th	Saudi Arabia	50.88%	7.0%
41st	Afghanistan	51.41%	10.1%
42nd	Dominican Republic	51.95%	16.1%
43rd	French Polynesia	52.98%	15.6%
44th	Ecuador	53.26%	21.1%
45th	Rwanda	54.29%	-1.6%
46th	Israel	54.90%	7.2%
47th	Madagascar	55.22%	12.7%
48th	Peru	55.43%	25.3%
49th	South Africa	56.16%	10.6%
50th	Togo	56.38%	2.4%
51st	Mali	56.72%	1.2%
52nd	Uzbekistan	57.46%	2.5%
53rd	Uruguay	58.32%	22.2%
54th	United Kingdom	58.54%	-1.1%
55th	Kazakhstan	58.67%	2.9%
56th	Samoa	59.77%	-22.9%
57th	Vanuatu	59.95%	-14.2%
58th	Italy	60.30%	11.8%
59th	Syrian Arab Republic	61.22%	36.6%
60th	Iraq	61.50%	6.5%
61st	Angola	61.53%	13.2%
62nd	Guam	61.84%	-2.9%
63rd	Canada	62.25%	1.8%
64th	Burkina Faso	62.42%	2.8%
65th	Ghana	62.71%	-5.8%
66th	Philippines	63.48%	9.1%
67th	France	63.79%	8.4%
68th	Chile	64.88%	11.5%
69th	Bahamas, The	65.93%	23.4%
70th	Spain	66.52%	11.9%
71st	Solomon Islands	67.42%	12.0%
72nd	Tonga	68.55%	-16.3%
73rd	Senegal	69.38%	15.5%
74th	Türkiye	69.61%	15.3%
75th	Paraguay	69.74%	11.1%
76th	Costa Rica	70.78%	17.7%
77th	Norway	71.22%	9.0%
78th	Bermuda	71.41%	3.2%
79th	Tajikistan	71.83%	28.8%
80th	West Bank and Gaza	73.08%	8.6%
81st	Kiribati	74.50%	-5.0%
82nd	Korea	75.31%	14.9%
83rd	Congo, Democratic Republic of	75.39%	23.5%
84th	Morocco	75.52%	9.7%
85th	Albania	75.59%	27.0%
86th	Iceland	76.23%	11.0%
87th	Azerbaijan	76.29%	5.9%
88th	Equatorial Guinea	76.97%	-1.2%
89th	Cabo Verde	77.46%	-1.2%
90th	Bhutan	77.58%	8.0%
91st	Lebanon	78.83%	57.2%
92nd	Northern Mariana Islands	78.88%	-0.1%
93rd	Somalia, Fed. Rep.	79.10%	4.5%
94th	Armenia	79.25%	13.0%
95th	Finland	79.79%	10.5%
96th	Germany	79.92%	9.6%
97th	Cuba	80.02%	410.3%
98th	Panama	80.13%	16.6%
99th	Jordan	80.33%	21.6%
100th	Palau	81.15%	-21.5%
101st	El Salvador	81.85%	23.2%
102nd	Kuwait	82.00%	0.0%
103rd	Ukraine	82.70%	4.5%
104th	Mexico	83.07%	8.1%
105th	Namibia	83.54%	8.6%
106th	Greenland	83.68%	1.2%
107th	Gabon	85.35%	21.7%
108th	Congo, Republic of	85.55%	23.4%
109th	Portugal	85.87%	12.2%
110th	Zambia	86.21%	8.8%
111th	Romania	87.07%	11.1%
112th	Micronesia, Federated States of	87.33%	2.7%
113th	Greece	88.01%	25.2%
114th	Mauritania	88.31%	1.8%
115th	Moldova	88.47%	11.6%
116th	Botswana	88.76%	14.3%
117th	Eswatini	89.93%	7.0%
118th	Sweden	91.11%	7.9%
119th	European Union	91.20%	8.8%
120th	Qatar	92.78%	3.1%
121st	Tunisia	93.63%	11.0%
122nd	Oman	95.95%	4.4%
123rd	Bosnia and Herzegovina	96.74%	17.2%
124th	Puerto Rico (US)	96.75%	-6.5%
125th	Kosovo	98.64%	30.5%
126th	Belize	98.98%	21.2%
127th	Timor-Leste	99.86%	17.8%
128th	Kyrgyz Republic	100.26%	26.9%
129th	Antigua and Barbuda	101.07%	7.2%
130th	Georgia	101.60%	9.4%
131st	Croatia	102.33%	14.3%
132nd	Honduras	103.37%	17.5%
133rd	Faroe Islands	103.49%	7.5%
134th	Montenegro	105.72%	20.3%
135th	Nicaragua	106.21%	19.8%
136th	Nauru	110.80%	-17.9%
137th	Poland	110.87%	11.7%
138th	Austria	111.03%	11.1%
139th	Mozambique	112.08%	12.2%
140th	Denmark	112.32%	7.6%
141st	Serbia	112.34%	12.0%
142nd	Guinea	115.20%	-0.5%
143rd	Thailand	117.25%	19.9%
144th	Mongolia	119.10%	5.5%
145th	Marshall Islands	120.06%	11.3%
146th	Bulgaria	121.21%	9.8%
147th	Switzerland	130.02%	6.8%
148th	Malaysia	134.04%	14.8%
149th	Mauritius	135.19%	11.6%
150th	Belarus	136.01%	14.4%
151st	Latvia	136.80%	10.4%
152nd	American Samoa	136.80%	-11.4%
153rd	Czechia	137.38%	6.7%
154th	Lesotho	139.19%	-1.4%
155th	Aruba	139.92%	14.0%
156th	Maldives	142.61%	24.7%
157th	Cambodia	146.18%	19.7%
158th	North Macedonia	146.72%	14.4%
159th	Brunei Darussalam	147.12%	33.4%
160th	Bahrain	153.80%	13.5%
161st	Lithuania	154.81%	14.0%
162nd	Hungary	159.19%	3.0%
163rd	Estonia	160.47%	16.8%
164th	Slovenia	161.79%	9.7%
165th	Netherlands	163.15%	7.2%
166th	Libya	164.28%	222.3%
167th	Macao SAR, China	171.32%	38.8%
168th	Cyprus	176.83%	10.1%
169th	Belgium	177.38%	13.0%
170th	Virgin Islands (US)	180.30%	58.7%
171st	Slovak Republic	181.98%	8.6%
172nd	United Arab Emirates	182.91%	0.9%
173rd	Seychelles	183.77%	19.7%
174th	Viet Nam	186.68%	14.4%
175th	Malta	220.17%	-9.2%
176th	Ireland	231.03%	-10.7%
177th	Djibouti	263.48%	16.7%
178th	Singapore	329.16%	-0.9%
179th	San Marino	342.47%	12.3%
180th	Luxembourg	397.51%	5.8%
181st	Hong Kong SAR, China	402.46%	14.8%

FAQ

What was Australia's trade openness in 2021?▾

Australia's trade openness in 2021 was 40.20%. This ranked 17th globally.

How did Australia's trade openness change in 2021?▾

Australia's trade openness decreased by 9.7% in 2021 compared to 2020.

Which country had the highest trade openness in 2021?▾

Hong Kong SAR, China had the highest trade openness in 2021 at 402.46%.

What is the trade openness of Australia in 2021?▾

The trade openness of Australia in 2021 was 40.20%. This ranked 17th globally.

How does 2021 compare to 2020 for Australia's trade openness?▾

Australia's trade openness went from 44.50% in 2020 to 40.20% in 2021, a 9.7% decrease.

HistorySaid - pattern alert

Australia matched the Export Boom Cycle pattern in 2021. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 3.6%. View full analysis →

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