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Trade Openness - Ranking 1974

All countries ranked by trade openness · World Bank
Year

In 1974, China (10.34%), India (10.85%), and Argentina (13.19%) ranked highest in trade openness among all countries. Singapore ranked lowest at 313.96%.

Trade Openness by Country - 1974
RankCountryValueYoY %
1st China 10.34% +27.9%
2nd India 10.85% +21.5%
3rd Argentina 13.19% -1.0%
4th Bangladesh 14.05% -23.6%
5th Nepal 16.00% -5.8%
6th United States 16.44% +25.7%
7th Türkiye 17.00% +5.4%
8th Mexico 18.98% +6.2%
9th Brazil 20.97% +24.4%
10th Australia 26.29% +4.7%
11th Japan 26.33% +39.4%
12th Uganda 29.76% +0.2%
13th Colombia 30.17% +9.4%
14th Pakistan 30.83% +6.4%
15th Uruguay 31.27% +57.0%
16th Spain 31.73% +12.8%
17th Paraguay 32.67% +11.7%
18th Burkina Faso 32.79% +12.2%
19th Sudan 33.43% +4.9%
20th Rwanda 33.51% +33.8%
21st Greece 34.55% +12.0%
22nd Peru 35.46% +23.7%
23rd Madagascar 35.73% +7.9%
24th Germany 36.81% +16.6%
25th Chile 37.96% +35.5%
26th Ghana 40.13% +6.0%
27th Italy 40.71% +19.8%
28th Niger 41.24% +5.1%
29th Ecuador 41.40% +19.9%
30th Benin 43.81% +5.3%
31st France 44.21% +22.8%
32nd Guinea-Bissau 44.27% -5.4%
33rd Chad 45.19% +15.2%
34th Thailand 45.54% +17.8%
35th Somalia, Fed. Rep. 46.92% +9.7%
36th Guatemala 48.07% +17.0%
37th Canada 48.08% +8.6%
38th Cameroon 48.24% +7.9%
39th South Africa 48.80% +18.6%
40th European Union 49.19% +16.6%
41st Brunei Darussalam 49.71% -
42nd Sierra Leone 50.23% +4.6%
43rd Indonesia 50.42% +27.5%
44th Egypt, Arab Republic of 51.66% +63.0%
45th New Zealand 53.55% +11.9%
46th Mali 53.59% +62.3%
47th Portugal 53.94% +14.2%
48th Korea 54.56% +7.4%
49th Finland 55.21% +13.8%
50th Morocco 55.75% +29.8%
51st Syrian Arab Republic 57.83% +20.9%
52nd United Kingdom 58.74% +23.8%
53rd Sweden 59.31% +25.2%
54th Austria 59.80% +9.4%
55th Sri Lanka 60.33% +20.9%
56th Dominican Republic 60.59% +22.3%
57th Israel 61.22% -5.4%
58th Senegal 61.39% +35.5%
59th Bolivia, Plurinational State of 62.09% +10.8%
60th Denmark 64.73% +11.9%
61st Togo 66.87% +39.6%
62nd Tunisia 67.57% +28.8%
63rd Iceland 69.16% -0.9%
64th Central African Republic 71.07% +9.2%
65th Iran, Islamic Republic of 71.40% +32.0%
66th Nicaragua 71.68% +8.6%
67th El Salvador 73.25% +16.4%
68th Algeria 74.24% +30.0%
69th Kenya 74.57% +33.0%
70th Saudi Arabia 76.14% -36.9%
71st Cuba 76.79% 0.0%
72nd Mauritania 79.23% +14.6%
73rd Norway 80.11% +9.6%
74th Costa Rica 81.26% +20.1%
75th Switzerland 82.60% +6.4%
76th Gambia, The 82.69% +6.7%
77th Côte d'Ivoire 84.07% +21.9%
78th Papua New Guinea 86.73% +8.8%
79th Ireland 90.68% +20.5%
80th Lesotho 90.73% +10.6%
81st Iraq 92.61% +30.6%
82nd Faroe Islands 93.61% +3.3%
83rd Honduras 96.07% +20.0%
84th Netherlands 96.11% +11.5%
85th Malaysia 96.39% +24.6%
86th Kuwait 98.80% +5.0%
87th Puerto Rico (US) 98.90% +16.2%
88th Gabon 100.81% -13.5%
89th Belgium 105.27% +11.8%
90th Botswana 105.70% +4.9%
91st Congo, Republic of 112.70% +50.3%
92nd Kiribati 115.24% +1.4%
93rd Oman 121.48% -1.3%
94th Guyana 134.76% +11.3%
95th Panama 150.14% +32.0%
96th Hong Kong SAR, China 168.48% +2.4%
97th Malta 175.72% +31.3%
98th Luxembourg 180.07% +11.1%
99th Singapore 313.96% +27.8%

FAQ

Which country has the highest trade openness in 1974?

China has the highest trade openness in 1974 at 10.34%.

Which country has the lowest trade openness in 1974?

Singapore has the lowest trade openness in 1974 at 313.96%.

How many countries are ranked by trade openness?

99 countries have trade openness data for 1974.

What are the top 3 countries by trade openness?

1. China (10.34%), 2. India (10.85%), 3. Argentina (13.19%).