Trading nation
Country with high percentage of international trade commodity / From Wikipedia, the free encyclopedia
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A trading nation (also known as a trade-dependent economy, or an export-oriented economy) is a country where international trade makes up a large percentage of its economy.
Smaller nations (by population) tend to be more trade-dependent than larger ones. In 2022, the most trade-dependent OECD member was Luxembourg, where trade was worth 384% of GDP, while the least trade-dependent was the United States, where trade made up 26% of GDP.[1]