New Delhi, Nov. 10 -- Luxembourg was the world's most trade-dependent country in 2025, with the combined value of its exports and imports equivalent to 350% of its gross domestic product (GDP), according to World Bank data.

The European country ranked ahead of San Marino, where trade stood at 341% of GDP, and Singapore at 320%. The figures highlight how some smaller economies rely heavily on international trade, with cross-border flows of goods and services several times larger than their annual economic output.

Ireland ranked fourth, with trade at 240% of GDP, followed by Malta (219%), Djibouti (206%), the United Arab Emirates (199%), Vietnam (190%), Cyprus (189%) and Seychelles (172%).

(Combined exports and imports of goods and servi...