Upper middle income
Merchandise trade (% of GDP)

Within the “Upper middle income” group, Viet Nam leads Merchandise trade (% of GDP) in 2025 at 180.05%, while Argentina sits at the lower end of the current snapshot with 23.85%. This format is well suited to long-tail regional and income-group queries.

Group leaders

0.045.090.0135180Viet NamViet Nam: 180.05%180MalaysiaMalaysia: 151.73%152ThailandThailand: 118.64%119North MacedoniaNorth Macedonia: 115.78%116SurinameSuriname: 108.10%108MongoliaMongolia: 106.72%107LibyaLibya: 102.70%103BelarusBelarus: 96.11%96.1SerbiaSerbia: 84.58%84.6Micronesia, Fed. Sts.Micronesia, Fed. Sts.: 83.50%83.5Bosnia and HerzegovinaBosnia and Herzegovina: 83.25%83.3MexicoMexico: 73.55%73.5

Country table

#CountryValue
1 Viet Nam 180.05%
2 Malaysia 151.73%
3 Thailand 118.64%
4 North Macedonia 115.78%
5 Suriname 108.10%
6 Mongolia 106.72%
7 Libya 102.70%
8 Belarus 96.11%
9 Serbia 84.58%
10 Micronesia, Fed. Sts. 83.50%
11 Bosnia and Herzegovina 83.25%
12 Mexico 73.55%
13 Armenia 73.28%
14 Gabon 72.80%
15 Moldova 72.25%
16 Jordan 71.19%
17 Fiji 70.62%
18 Iraq 70.02%
19 Cabo Verde 69.98%
20 Georgia 67.69%
21 El Salvador 66.14%
22 Azerbaijan 65.08%
23 Montenegro 61.77%
24 Paraguay 61.31%
25 Marshall Islands 59.42%
26 Ukraine 57.85%
27 Botswana 57.78%
28 Mauritius 57.42%
29 South Africa 57.23%
30 Belize 56.37%
31 Ecuador 53.56%
32 Maldives 52.49%
33 Iran, Islamic Rep. 49.32%
34 Grenada 48.44%
35 Albania 47.89%
36 Tuvalu 47.08%
37 Kazakhstan 46.78%
38 Philippines 46.18%
39 St. Vincent and the Grenadines 43.50%
40 Peru 42.80%
41 Jamaica 41.28%
42 St. Lucia 41.18%
43 Turkmenistan 40.78%
44 Guatemala 40.68%
45 Turkiye 39.99%
46 Tonga 39.46%
47 Dominica 39.10%
48 Samoa 38.12%
49 Indonesia 36.30%
50 Dominican Republic 35.58%

Analytical takeaways

  • Inside the Upper middle income group for Merchandise trade (% of GDP) in 2025, Viet Nam leads with a gap of 28.32% to the next country.
  • The peer set on this page covers 57 countries, and the lower end of the current distribution sits with Argentina at 23.85%.
  • This page bridges the global ranking context with a more relevant regional or income-based comparison layer.