Merchandise trade in Europe & Central Asia

Europe & Central Asia: Merchandise trade was 62.2% in 2025. ▲ Rising

Latest (2025)
62.2%
Change on year
down 1.8%
Rank
8th
of 47 groups
All-time high
74.7%
in 2022
All-time low
27.2%
in 1962
Years of data
66
1960–2025

Merchandise trade in Europe & Central Asia, 1960–2025

020406080196019922025

Source: World Trade Organization (WTO). Measured in % of GDP.

Analysis

Europe & Central Asia recorded 62.2% for merchandise trade in 2025.

Compared with earlier readings it is down 1.8% on the previous year and up 1.4% over ten years.

Over the whole period, merchandise trade in Europe & Central Asia peaked at 74.7% in 2022 and was at its lowest, 27.2%, in 1962.

That places Europe & Central Asia 8th out of 47 groups with data for 2025, putting it in the top quarter.

The long-run direction has been consistently rising across the 66 years of available data.

Merchandise trade in Europe & Central Asia, year by year

Annual values for Merchandise trade (% of GDP) in Europe & Central Asia, 1960 to 2025.
Year % of GDP Change
1960 28.7%
1961 27.9% -2.8%
1962 27.2% -2.3%
1963 27.4% +0.6%
1964 27.7% +1.3%
1965 27.9% +0.5%
1966 28.0% +0.3%
1967 27.5% -1.7%
1968 29.1% +5.9%
1969 30.6% +5.2%
1970 31.8% +3.7%
1971 31.6% -0.6%
1972 31.5% -0.2%
1973 34.2% +8.4%
1974 40.8% +19.3%
1975 36.8% -9.6%
1976 39.5% +7.2%
1977 39.8% +0.7%
1978 38.3% -3.6%
1979 40.1% +4.5%
1980 41.7% +4.0%
1981 42.7% +2.6%
1982 42.5% -0.6%
1983 42.4% -0.2%
1984 45.2% +6.6%
1985 45.8% +1.3%
1986 40.3% -12.0%
1987 39.6% -1.6%
1988 39.7% +0.1%
1989 41.5% +4.6%
1990 40.1% -3.3%
1991 38.7% -3.6%
1992 36.6% -5.5%
1993 36.6% +0.0%
1994 40.1% +9.6%
1995 42.1% +5.0%
1996 43.0% +2.0%
1997 45.2% +5.3%
1998 46.3% +2.3%
1999 48.9% +5.8%
2000 55.2% +12.7%
2001 54.6% -1.0%
2002 52.9% -3.2%
2003 52.3% -1.1%
2004 54.2% +3.6%
2005 56.5% +4.3%
2006 59.8% +5.8%
2007 60.1% +0.5%
2008 62.2% +3.4%
2009 53.4% -14.1%
2010 59.0% +10.5%
2011 63.2% +7.1%
2012 63.7% +0.8%
2013 62.7% -1.6%
2014 61.7% -1.5%
2015 61.3% -0.7%
2016 61.1% -0.3%
2017 63.7% +4.2%
2018 65.6% +2.9%
2019 64.5% -1.6%
2020 62.1% -3.7%
2021 67.1% +8.0%
2022 74.7% +11.4%
2023 67.5% -9.7%
2024 63.3% -6.2%
2025 62.2% -1.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 28.2% 27.2% 30.6% 10
1970s 36.4% 31.5% 40.8% 10
1980s 42.2% 39.6% 45.8% 10
1990s 41.8% 36.6% 48.9% 10
2000s 56.1% 52.3% 62.2% 10
2010s 62.7% 59.0% 65.6% 10
2020s 66.1% 62.1% 74.7% 6

Countries ranked near Europe & Central Asia

  1. 5 Viet Nam 180.0% compare
  2. 6 Singapore 177.6% compare
  3. 7 Slovakia 160.5% compare
  4. 8 Belgium 152.4% compare
  5. 9 Malaysia 151.7% compare
  6. 10 Kiribati 147.8% compare
  7. 11 Netherlands 139.5% compare

See the full ranking of 251 places →

More private sector data for Europe & Central Asia

All data for Europe & Central Asia →

Frequently asked questions

What is merchandise trade in Europe & Central Asia?
Merchandise trade in Europe & Central Asia was 62.2% in 2025, according to World Trade Organization (WTO).
What is the highest merchandise trade recorded in Europe & Central Asia?
The highest recorded value was 74.7% in 2022.
What is the lowest merchandise trade recorded in Europe & Central Asia?
The lowest recorded value was 27.2% in 1962.
How does Europe & Central Asia rank for merchandise trade?
Europe & Central Asia ranks 8th out of 47 groups with data for 2025.
Is merchandise trade rising or falling in Europe & Central Asia?
Over the last ten years it is up 1.4%. The long-run trend across the full record is rising.
Where does this Europe & Central Asia data come from?
The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.

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Merchandise trade in Europe & Central Asia. Statizoid, drawing on World Trade Organization (WTO). Retrieved 07 September 2026, from https://private-sector.statizoid.com/stat/merchandise-trade-percent-of-gdp/europe-and-central-asia/

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About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.