# **Merchandise trade (% of GDP)**
- "**Merchandise trade (% of GDP)**" is an **economic indicator** that measures the total value of a country's merchandise trade, including **exports** and **imports of goods**, as a percentage of its **GDP**.
- This indicator provides insight into the degree of a country's **openness to international trade** relative to the size of its economy.
- The **chart** shows the **Merchandise trade (% of GDP)** for **Iran** over a **23-year period**, from **2000 to 2022**.