Trade Balance (USD billion)
The trade balance is the net sum of a country’s exports and imports of goods without taking into account all financial transfers, investments and other financial components. A country's trade balance is positive (meaning that it registers a surplus) if the value of exports exceeds the value of imports. Conversely, a country's trade balance is negative, or registers a deficit, if the value of imports exceeds that of exports. The trade balance is the official term that is used for net exports in the current account.
The table below shows the trade balance in U.S. dollar (USD) billions by country for the last five years.
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Trade Balance Data
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Trade Balance Economic News
October 16, 2017
According to Statistics Indonesia (BPS), a trade surplus of USD 1.8 billion was recorded in September (September 2016: USD 1.3 billion), handily beating the USD 1.2 billion surplus that market analysts had expected. Exports grew 15.6% annually in September, slowing from the 19.4% expansion recorded in August.
September 15, 2017
According to Statistics Indonesia (BPS), a trade surplus of USD 1.7 billion was recorded in August (August 2016: USD 369 million), rebounding from the one-off deficit posted in July and handily beating the USD 607 million surplus that market analysts had expected. Exports grew 19.2% annually in August, slowing from the 41.0% expansion recorded in July.
August 15, 2017
Indonesia recorded a trade deficit of USD 271 million in July (July 2016: USD 633 million), its first deficit in 20 months.
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