DEFINITION
Trade in goods (% of
GDP).
Trade in goods as a share of
GDP is the sum of merchandise
exports and
imports, measured in current U.S. dollars, divided by the value of
GDP in U.S. dollars.
DEFINITION: Trade in goods (% of
GDP).
Trade in goods as a share of
GDP is the sum of merchandise
exports and
imports, measured in current U.S. dollars, divided by the value of
GDP in U.S. dollars.