Merchandise trade in South Asia

South Asia: Merchandise trade was 30.0% in 2025. ◆ Volatile

Latest (2025)
30.0%
Change on year
down 1.3%
Rank
43rd
of 45 groups
All-time high
43.4%
in 2008
All-time low
7.5%
in 1971
Years of data
66
1960–2025

Merchandise trade in South Asia, 1960–2025

10203040196019922025

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

Analysis

In 2025, merchandise trade in South Asia stood at 30.0%.

That represents a change of down 1.3% on the previous year and down 6.7% over ten years.

Over the whole period, merchandise trade in South Asia peaked at 43.4% in 2008 and was at its lowest, 7.5%, in 1971.

That places South Asia 43rd out of 45 groups with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise trade in South Asia, year by year

Annual values for Merchandise trade (% of GDP) in South Asia, 1960 to 2025.
Year % of GDP Change
1960 11.5%
1961 10.8% -6.6%
1962 10.2% -4.9%
1963 9.8% -4.7%
1964 9.5% -2.8%
1965 8.7% -8.0%
1966 13.0% +49.1%
1967 9.9% -24.2%
1968 9.2% -6.4%
1969 8.1% -12.8%
1970 7.6% -5.3%
1971 7.5% -1.6%
1972 8.0% +6.0%
1973 8.7% +9.5%
1974 10.2% +17.4%
1975 11.4% +11.5%
1976 11.9% +4.2%
1977 12.0% +1.0%
1978 12.1% +0.9%
1979 13.3% +9.6%
1980 14.4% +9.0%
1981 14.0% -3.5%
1982 13.6% -2.4%
1983 12.2% -10.5%
1984 13.6% +11.2%
1985 12.4% -8.8%
1986 11.5% -7.3%
1987 11.5% +0.8%
1988 12.5% +7.9%
1989 13.7% +10.4%
1990 14.4% +5.0%
1991 15.8% +9.4%
1992 16.9% +7.2%
1993 18.2% +7.2%
1994 18.4% +1.1%
1995 20.8% +13.4%
1996 20.6% -1.4%
1997 21.0% +2.1%
1998 20.7% -1.2%
1999 20.6% -0.5%
2000 22.8% +10.3%
2001 21.8% -4.2%
2002 22.6% +3.6%
2003 23.6% +4.6%
2004 26.7% +13.0%
2005 30.9% +15.7%
2006 33.3% +7.9%
2007 32.5% -2.5%
2008 43.4% +33.6%
2009 32.2% -25.8%
2010 35.0% +8.7%
2011 42.5% +21.3%
2012 43.0% +1.2%
2013 42.0% -2.4%
2014 38.7% -7.6%
2015 32.2% -16.9%
2016 28.0% -13.2%
2017 28.8% +3.0%
2018 31.4% +9.0%
2019 28.9% -7.9%
2020 24.5% -15.3%
2021 30.9% +26.3%
2022 35.6% +15.3%
2023 31.0% -12.9%
2024 30.4% -2.0%
2025 30.0% -1.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 10.1% 8.1% 13.0% 10
1970s 10.3% 7.5% 13.3% 10
1980s 12.9% 11.5% 14.4% 10
1990s 18.7% 14.4% 21.0% 10
2000s 29.0% 21.8% 43.4% 10
2010s 35.0% 28.0% 43.0% 10
2020s 30.4% 24.5% 35.6% 6

Countries ranked near South Asia

  1. 40 Eswatini 86.4% compare
  2. 41 Lebanon 85.9% compare
  3. 42 Serbia 84.6% compare
  4. 43 Solomon Islands 83.8% compare
  5. 44 Bulgaria 83.5% compare
  6. 45 Micronesia (country) 83.5% compare
  7. 46 Bhutan 83.3% compare

See the full ranking of 251 places →

More private sector data for South Asia

All data for South Asia →

Frequently asked questions

What is merchandise trade in South Asia?
Merchandise trade in South Asia was 30.0% in 2025, according to World Trade Organization (WTO).
What is the highest merchandise trade recorded in South Asia?
The highest recorded value was 43.4% in 2008.
What is the lowest merchandise trade recorded in South Asia?
The lowest recorded value was 7.5% in 1971.
How does South Asia rank for merchandise trade?
South Asia ranks 43rd out of 45 groups with data for 2025.
Is merchandise trade rising or falling in South Asia?
Over the last ten years it is down 6.7%. The long-run trend across the full record is volatile.
Where does this South 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 South Asia. Statizoid, drawing on World Trade Organization (WTO). Retrieved 02 September 2026, from https://private-sector.statizoid.com/stat/merchandise-trade-percent-of-gdp/south-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.