Trade Balance (USD billion)

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

20122013201420152016
Albania-  -  -  -  -  
Algeria20.29.90.5-18.1-20.4
Angola42.040.230.012.514.8
Argentina12.01.53.2-3.02.1
Armenia-2.1-2.2-2.1-1.2-0.9
Australia6.120.311.9-13.13.1
Austria-4.0-1.31.41.7-0.2
Azerbaijan22.221.418.95.84.2
Bahrain6.57.37.40.8-0.8
Bangladesh-12.7-10.3-6.8-7.0-6.3
Belarus0.6-4.6-2.6-2.1-2.6
Belgium7.017.820.122.426.1
Belize-0.2-0.3-0.4-0.8-0.8
Bolivia3.42.52.1-1.1-1.5
Bosnia and Herzegovina-5.2-4.9-5.7-4.2-4.1
Botswana-2.2-0.30.5-0.90.3
Brazil19.42.3-4.019.747.7
Brunei9.47.86.93.12.2
Bulgaria55.059.061.4-2.9-2.1
Cambodia-3.5-3.6-2.6-3.5-3.4
Canada-6.9-3.613.2-9.6-12.3
Chile2.62.06.53.55.3
China230258383591510
Colombia4.02.2-6.3-15.6-11.5
Costa Rica-6.2-6.4-6.4-5.9-5.4
Croatia-9.0-9.2-9.1-7.7-8.2
Cyprus-5.5-4.2-5.1-3.8-4.9
Czech Republic15.618.020.87.610.3
DR Congo0.10.8-0.4-0.3-  
Denmark14.713.211.19.29.3
Dominican Republic-8.7-7.4-7.4-7.5-7.6
Ecuador-1.7-0.6-2.0-3.20.5
Egypt-34.1-30.7-34.1-39.1-38.7
El Salvador-4.9-5.3-5.2-4.9-4.5
Estonia-2.0-2.1-2.4-1.7-1.8
Ethiopia-8.5-9.1-12.0-13.8-13.6
Eurozone159275319388416
Finland-0.50.31.62.20.7
France-90.5-82.7-27.0-27.9-29.8
Georgia-4.2-3.5-4.3-3.9-3.9
Germany258285306288297
Ghana-4.4-3.8-1.3-3.2-1.8
Greece-25.4-20.2-22.7-15.9-17.7
Guatemala-5.7-6.2-6.1-5.6-5.3
Haiti-2.3-2.4-2.7-2.4-2.2
Honduras-3.0-3.1-3.0-3.0-2.7
Hong Kong-61.6-64.8-70.9-57.1-54.5
Hungary8.58.78.39.511.0
Iceland0.30.0-0.3-0.6-1.2
India-189.5-136.6-137.5-117.8-105.7
Indonesia-1.7-4.1-2.27.79.5
Iran28.629.318.112.2-  
Iraq35.230.430.810.2-  
Ireland48.144.540.747.349.9
Israel-9.0-7.1-6.7-3.3-7.4
Italy12.538.755.646.156.9
Jamaica-4.6-4.7-4.4-3.7-3.5
Japan-87.3-117.5-122.4-23.337.0
Jordan-10.6-11.7-12.0-10.3-9.5
Kazakhstan38.134.836.212.79.4
Kenya-10.2-10.5-12.4-10.1-7.9
Korea28.344.047.290.389.2
Kosovo-2.8-2.8-3.0-2.6-2.8
Kuwait95.489.678.327.820.6
Kyrgyzstan-3.9-4.3-4.1-2.7-2.2
Laos-0.8-0.8-1.6-2.5-1.7
Latvia-3.4-3.5-3.2-2.4-2.1
Lebanon-14.7-15.3-16.6-13.1-13.6
Lithuania-2.3-2.2-2.1-2.8-2.3
Luxembourg-10.3-9.9-9.1-6.6-6.4
Macedonia-2.6-2.5-2.5-2.0-2.1
Malaysia31.122.425.123.221.0
Malta-1.4-1.4-1.5-2.1-2.1
Mexico0.0-1.2-3.1-14.7-13.1
Moldova-3.1-3.1-3.0-2.0-2.0
Mongolia-2.4-2.10.50.91.6
Montenegro-  -  -  -  -  
Morocco-23.4-23.6-21.2-14.7-17.8
Mozambique-  -  -  -  -  
Myanmar2.42.37.3-5.4-  
Netherlands51.862.067.749.057.2
New Zealand-0.9-0.3-1.0-2.5-2.2
Nicaragua-3.2-3.3-3.3-3.5-3.7
Nigeria40.943.821.0-6.4-0.5
Norway73.166.255.327.516.8
Oman26.524.425.69.1-  
Pakistan-15.7-15.4-16.6-17.2-18.4
Panama-9.9-9.5-10.4-9.7-8.8
Paraguay0.61.71.00.61.4
Peru6.40.5-1.5-2.91.9
Philippines-10.0-5.7-3.3-12.2-27.7
Poland-10.5-0.4-4.32.51.8
Portugal-14.1-12.8-14.6-11.7-11.9
Puerto Rico12.317.420.026.228.5
Qatar10210295.548.825.3
Romania-12.0-8.0-8.0-9.4-11.0
Russia19218118914890.3
Saudi Arabia24722318444.358.4
Serbia-  -  -  -4.4-3.8
Singapore71.375.081.982.882.9
Slovakia3.23.93.72.22.5
Slovenia-0.10.91.61.71.7
South Africa-4.6-7.0-7.7-4.21.7
Spain-39.0-21.0-34.0-26.9-20.8
Sri Lanka-9.4-7.6-8.3-8.4-9.1
Sweden22.018.617.413.511.4
Switzerland28.728.536.238.135.7
Taiwan29.133.438.248.149.8
Tajikistan-2.4-3.0-3.6-2.5-2.1
Tanzania-4.4-5.8-5.7-4.1-2.9
Thailand0.10.217.226.836.6
Trinidad and Tobago1.36.13.31.3-  
Tunisia-7.4-7.1-8.1-6.2-5.8
Turkey-65.4-79.9-63.6-48.1-40.9
Turkmenistan6.66.87.26.2-  
USA-741.2-702.2-752.2-761.9-752.5
Uganda-2.5-2.1-2.4-2.3-1.4
Ukraine-21.9-22.1-7.1-3.5-6.8
United Arab Emirates14214112876.668.3
United Kingdom-223.8-114.2-182.8-163.9-225.4
Uruguay-2.4-1.4-0.9-0.20.4
Uzbekistan-6.1-6.2-7.9-5.3-  
Venezuela31.931.627.2-  -  
Vietnam2.00.40.8-4.12.1
Yemen-3.5-2.9-3.3-  -  
Zambia0.60.40.1-0.1-1.0

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Trade Balance Economic News

  • Indonesia: Trade surplus rises in September

    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.

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  • Indonesia: Trade balance rebounds with unexpectedly large surplus 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.

    Read more

  • Indonesia: Trade deficit deteriorates to 20-month record 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.

    Read more

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