Israel | 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 Israel over a 23-year period, from 2000 to 2022.