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Trade Openness - Ranking 1972

All countries ranked by trade openness · World Bank
Year

In 1972, China (5.67%), India (7.74%), and United States (11.34%) ranked highest in trade openness among all countries. Singapore ranked lowest at 229.05%.

Trade Openness by Country - 1972
RankCountryValueYoY %
1st China 5.67% +14.6%
2nd India 7.74% +0.9%
3rd United States 11.34% +5.4%
4th Nepal 13.58% -6.6%
5th Argentina 14.04% +11.3%
6th Türkiye 14.56% +7.3%
7th Pakistan 15.82% -13.1%
8th Brazil 16.13% +10.1%
9th Mexico 16.89% +3.2%
10th Japan 17.76% -8.9%
11th Bangladesh 19.41% +14.0%
12th Chile 22.30% -1.4%
13th Rwanda 24.54% -9.4%
14th Greece 24.62% +8.6%
15th Australia 24.72% -3.1%
16th Colombia 26.05% -6.9%
17th Spain 27.21% +5.0%
18th Paraguay 27.61% -5.8%
19th Burkina Faso 27.69% +8.8%
20th Ecuador 27.96% +2.5%
21st Peru 28.15% -1.6%
22nd Mali 29.60% -12.0%
23rd Egypt, Arab Republic of 30.09% -3.0%
24th Uruguay 30.33% +39.7%
25th Germany 30.62% -0.4%
26th Italy 31.75% +4.7%
27th Madagascar 32.59% -8.1%
28th Sudan 32.69% -0.4%
29th Somalia, Fed. Rep. 33.78% +6.7%
30th Chad 33.95% -8.2%
31st France 33.97% +1.5%
32nd Niger 34.71% +24.1%
33rd Indonesia 35.41% +14.0%
34th Ghana 35.91% -0.2%
35th Uganda 36.17% -17.4%
36th Thailand 37.37% +7.4%
37th Guatemala 37.44% +4.1%
38th Korea 37.54% +6.3%
39th Morocco 37.80% +3.0%
40th European Union 39.89% +0.2%
41st Guinea-Bissau 39.99% +3.9%
42nd South Africa 40.77% +0.7%
43rd Benin 41.18% -9.7%
44th United Kingdom 41.58% -2.5%
45th Syrian Arab Republic 41.84% +5.4%
46th Canada 41.85% +2.9%
47th Sweden 42.66% -1.3%
48th Senegal 43.87% +10.6%
49th Iran, Islamic Republic of 44.45% +0.1%
50th Bolivia, Plurinational State of 45.13% -1.4%
51st New Zealand 45.86% +3.8%
52nd Dominican Republic 45.92% +0.4%
53rd Algeria 46.18% +0.2%
54th Sri Lanka 46.23% -9.8%
55th Portugal 46.23% +3.5%
56th Cameroon 46.48% -7.4%
57th Finland 47.79% +0.7%
58th Tunisia 50.09% +3.2%
59th Denmark 53.23% -4.4%
60th Togo 54.22% -11.9%
61st Austria 54.51% -0.2%
62nd Kenya 55.31% -13.3%
63rd Israel 55.95% -5.1%
64th Sierra Leone 56.81% -10.8%
65th El Salvador 57.22% +11.7%
66th Iraq 58.41% -12.4%
67th Central African Republic 58.75% -12.6%
68th Côte d'Ivoire 62.52% +3.1%
69th Nicaragua 64.93% +18.4%
70th Costa Rica 66.83% +4.6%
71st Norway 66.96% -3.9%
72nd Honduras 67.48% -3.3%
73rd Ireland 67.63% -6.3%
74th Iceland 68.47% -11.7%
75th Mauritania 72.21% +47.7%
76th Malaysia 73.38% -7.7%
77th Gambia, The 74.53% +7.2%
78th Switzerland 76.68% -2.5%
79th Cuba 76.81% +0.0%
80th Faroe Islands 78.11% -0.9%
81st Papua New Guinea 79.46% -0.2%
82nd Saudi Arabia 79.86% +11.1%
83rd Congo, Republic of 80.10% -6.0%
84th Puerto Rico (US) 80.30% -3.0%
85th Netherlands 82.76% -3.1%
86th Lesotho 85.21% +26.0%
87th Belgium 85.21% -0.4%
88th Kuwait 89.26% +5.0%
89th Botswana 97.92% +3.4%
90th Oman 103.13% +5.3%
91st Kiribati 103.25% -
92nd Malta 113.98% -0.4%
93rd Panama 115.02% 0.0%
94th Guyana 116.24% +2.8%
95th Gabon 145.35% +22.5%
96th Luxembourg 155.73% -7.4%
97th Hong Kong SAR, China 160.83% -7.8%
98th Singapore 229.05% -11.7%

FAQ

Which country has the highest trade openness in 1972?

China has the highest trade openness in 1972 at 5.67%.

Which country has the lowest trade openness in 1972?

Singapore has the lowest trade openness in 1972 at 229.05%.

How many countries are ranked by trade openness?

98 countries have trade openness data for 1972.

What are the top 3 countries by trade openness?

1. China (5.67%), 2. India (7.74%), 3. United States (11.34%).