Total imports and exports around the world in 2019 represented what percentage of global GDP?

In 2019, total imports and exports around the world represented over 60% of global GDP, reflecting the increasing interconnectedness of economies and the significance of international trade in driving economic growth. This high percentage underscores how countries rely on the exchange of goods and services across borders, as trade allows nations to specialize in what they produce most efficiently, thereby enhancing overall economic productivity.

The increase in global trade can be attributed to various factors, including advancements in technology, transportation, and communication, which have made it easier and more cost-effective to trade internationally. Additionally, trade agreements and economic partnerships have facilitated smoother trading processes between countries, further contributing to the growth in trade relative to GDP.

While other options propose lower percentages, they do not accurately reflect the scale of global trade's contribution to economic activity in 2019. The figure emphasizes the critical role that trade plays in the global economy, influencing everything from national economic policies to employment levels and consumer choice.