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

2014 2015 2016 2017 2018
Albania-  -  -  -  -  
Algeria0.5-18.1-20.1-14.4-7.5
Angola30.612.514.520.225.0
Argentina2.7-3.42.1-8.3-3.8
Armenia-2.1-1.2-0.9-1.4-1.8
Australia11.9-13.13.110.030.3
Austria1.22.52.11.05.2
Azerbaijan18.95.84.26.19.8
Bahrain3.70.8-0.8-0.7-0.8
Bangladesh-6.8-7.0-6.5-9.5-18.3
Belarus-2.6-2.1-2.5-3.0-2.7
Belgium19.021.419.021.816.0
Belize-0.3-0.4-0.4-0.4-0.4
Bolivia2.9-0.4-0.9-0.5-0.5
Bosnia and Herzegovina-5.5-4.1-4.0-4.3-4.5
Botswana0.8-0.71.50.80.3
Brazil-4.019.747.767.158.0
Brunei7.42.92.22.42.4
Bulgaria-3.8-2.9-1.1-0.9-2.6
Cambodia-3.9-4.0-3.9-4.3-5.9
Canada4.2-19.3-19.3-19.0-16.9
Chile6.53.44.97.44.7
China383594510420351
Colombia-4.6-13.5-9.1-4.6-5.2
Costa Rica-6.4-5.5-5.3-5.3-5.3
Croatia-9.1-7.7-8.2-8.8-10.9
Cyprus-5.0-3.8-4.9-6.0-5.7
Czech Republic10.87.610.110.910.2
DR Congo-  -  -  -  -  
Denmark11.89.310.39.36.3
Dominican Republic-7.4-7.5-7.6-7.6-9.3
Ecuador-2.0-3.20.5-0.9-1.6
Egypt-34.1-39.1-38.7-37.3-37.3
El Salvador-5.2-4.8-4.4-4.8-5.8
Estonia-2.4-1.7-1.8-2.1-2.1
Ethiopia-12.0-13.8-13.6-12.9-12.6
Eurozone321366384360-  
Finland2.52.10.41.80.9
France-57.1-32.1-36.0-50.2-58.7
Georgia-4.3-4.0-3.9-3.8-4.1
Germany295274277287265
Ghana-1.3-3.2-1.81.21.8
Greece-29.6-19.6-19.8-22.3-26.5
Guatemala-6.1-5.6-5.2-6.0-7.3
Haiti-2.7-2.4-2.2-2.6-3.4
Honduras-3.0-2.9-2.6-2.7-3.5
Hong Kong-70.9-57.1-54.5-61.9-71.7
Hungary8.39.510.89.16.6
Iceland-0.3-0.6-1.2-2.2-2.2
India-137.5-117.3-108.9-158.6-176.4
Indonesia-2.27.79.511.8-8.7
Iran18.15.420.822.6-  
Iraq35.611.012.225.448.4
Ireland40.647.349.445.057.8
Israel-6.8-3.3-7.6-9.5-17.9
Italy55.646.154.854.1-  
Jamaica-3.8-3.2-2.9-3.6-3.5
Japan-101.3-7.648.444.414.0
Jordan-14.5-12.6-11.8-13.0-12.6
Kazakhstan36.611.69.316.726.4
Kenya-10.9-8.5-7.7-10.3-10.3
Korea47.290.389.295.269.7
Kosovo-3.0-2.6-2.8-3.0-3.5
Kuwait78.327.819.525.646.4
Kyrgyzstan-2.8-2.2-2.1-2.4-2.8
Laos-1.7-2.0-1.1-0.8-0.9
Latvia-3.4-2.4-2.1-2.9-3.6
Lebanon-15.0-13.3-14.0-14.4-15.1
Lithuania-1.3-2.2-2.0-2.2-3.1
Luxembourg-9.2-6.7-6.4-7.2-8.0
Malaysia25.123.221.223.029.9
Malta-1.5-2.1-2.1-1.6-1.7
Mexico-3.1-14.7-13.1-11.0-13.6
Moldova-3.0-2.1-2.1-2.6-3.3
Mongolia0.50.91.61.91.1
Montenegro-1.9-1.6-1.8-2.1-2.4
Morocco-21.0-14.7-17.6-18.0-20.2
Mozambique-4.0-4.2-1.4-0.5-1.0
Myanmar-1.9-3.8-3.6-5.8-  
Netherlands67.752.060.165.864.2
New Zealand-1.0-2.5-2.2-2.0-4.3
Nicaragua-3.2-3.5-3.7-3.6-2.7
Nigeria21.0-6.4-0.513.122.3
North Macedonia-2.5-2.0-2.0-2.0-2.1
Norway55.327.514.421.535.3
Oman25.69.16.28.7-  
Pakistan-16.6-17.3-19.3-26.7-31.8
Panama-8.9-8.3-7.8-8.5-9.2
Paraguay1.00.82.21.90.9
Peru-1.5-2.92.06.77.2
Philippines-3.3-12.2-26.7-27.4-43.5
Poland-4.32.53.31.5-6.1
Portugal-14.6-11.9-12.4-16.4-20.1
Puerto Rico19.726.428.425.214.1
Qatar95.548.825.436.751.0
Romania-8.3-9.4-11.0-14.8-17.7
Russia18914890.2115194
Saudi Arabia18444.355.898.5170
Serbia-5.5-4.4-3.5-4.5-6.2
Singapore86.792.687.292.598.3
Slovakia3.93.11.80.80.1
Slovenia1.61.71.71.81.4
South Africa-6.9-5.01.25.81.0
Spain-33.5-26.9-20.8-28.2-39.5
Sri Lanka-8.3-8.4-8.9-9.6-10.3
Sweden17.413.811.610.98.6
Switzerland35.636.832.829.731.2
Taiwan38.248.149.858.049.6
Tajikistan-2.5-2.0-1.7-1.2-1.7
Tanzania-5.7-4.5-3.5-3.0-3.8
Thailand17.526.135.832.522.3
Trinidad and Tobago7.03.91.23.03.7
Tunisia-6.7-5.1-4.7-5.3-6.0
Turkey-63.6-48.1-40.9-59.0-41.8
Turkmenistan3.03.52.43.0-  
USA-749.9-761.9-749.8-805.2-887.3
Uganda-2.4-2.3-1.6-1.7-2.4
Ukraine-7.1-3.5-6.9-9.7-12.6
United Arab Emirates10876.668.467.281.5
United Kingdom-182.8-163.9-225.6-199.7-186.2
Uruguay2.01.31.92.12.4
Uzbekistan-12.6-10.5-2.4-2.2-6.9
Venezuela27.43.911.022.018.8
Vietnam2.4-3.81.61.96.8
Yemen-9.6-6.1-7.1-6.8-  
Zambia1.70.20.21.00.5

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