Trade Integration Index

The Trade Integration Index measures how connected a country's trade relationships are with the rest of the world. It indicates the extent to which a country's economy depends on importing and exporting goods and services with other nations. A higher index suggests that a country is more integrated into global trade networks, making its economy more sensitive to international changes. Conversely, a lower index implies a more self-contained economy with less reliance on external markets. It helps assess the openness and globalization level of an economy, guiding policymakers and investors in understanding trade dependencies and potential vulnerabilities.