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

20132014201520162017
Albania-  -  -  -  -  
Algeria9.90.5-18.1-20.4-  
Angola40.230.012.514.8-  
Argentina1.53.2-3.02.1-  
Armenia-2.2-2.1-1.2-0.9-  
Australia20.311.9-13.13.1-  
Austria-1.31.41.7-0.2-  
Azerbaijan21.418.95.84.2-  
Bahrain7.37.40.8-0.8-  
Bangladesh-10.3-6.8-7.0-6.3-  
Belarus-4.6-2.6-2.1-2.6-  
Belgium17.820.122.426.1-  
Belize-0.3-0.4-0.8-0.8-  
Bolivia2.52.1-1.1-1.5-  
Bosnia and Herzegovina-4.9-5.7-4.2-4.1-  
Botswana-0.30.5-0.90.3-  
Brazil2.3-4.019.747.7-  
Brunei7.86.93.12.2-  
Bulgaria59.061.4-2.9-2.1-  
Cambodia-3.6-2.6-3.5-3.4-  
Canada-3.613.2-9.6-12.3-  
Chile2.06.53.55.3-  
China258383591510-  
Colombia2.2-6.3-15.6-11.5-  
Costa Rica-6.4-6.4-5.9-5.4-  
Croatia-9.2-9.1-7.7-8.2-  
Cyprus-4.2-5.1-3.8-4.9-  
Czech Republic18.020.87.610.3-  
DR Congo0.8-0.4-0.3-  -  
Denmark13.211.19.29.3-  
Dominican Republic-7.4-7.4-7.5-7.6-  
Ecuador-0.6-2.0-3.20.5-  
Egypt-30.7-34.1-39.1-38.7-  
El Salvador-5.3-5.2-4.9-4.5-  
Estonia-2.1-2.4-1.7-1.8-  
Ethiopia-9.1-12.0-13.8-13.6-  
Eurozone275319388416-  
Finland0.31.62.20.7-  
France-82.7-27.0-27.9-29.8-  
Georgia-3.5-4.3-3.9-3.9-  
Germany285306288297-  
Ghana-3.8-1.3-3.2-1.8-  
Greece-20.2-22.7-15.9-17.7-  
Guatemala-6.2-6.1-5.6-5.3-  
Haiti-2.4-2.7-2.4-2.2-  
Honduras-3.1-3.0-3.0-2.7-  
Hong Kong-64.8-70.9-57.1-54.5-  
Hungary8.78.39.511.0-  
Iceland0.0-0.3-0.6-1.2-  
India-136.6-137.5-117.8-105.7-  
Indonesia-4.1-2.27.79.5-  
Iran29.318.112.2-  -  
Iraq30.430.810.2-  -  
Ireland44.540.747.349.9-  
Israel-7.1-6.7-3.3-7.4-  
Italy38.755.646.156.9-  
Jamaica-4.7-4.4-3.7-3.5-  
Japan-117.5-122.4-23.337.0-  
Jordan-11.7-12.0-10.3-9.5-  
Kazakhstan34.836.212.79.4-  
Kenya-10.5-12.4-10.1-7.9-  
Korea44.047.290.389.2-  
Kosovo-2.8-3.0-2.6-2.8-  
Kuwait89.678.327.820.6-  
Kyrgyzstan-4.3-4.1-2.7-2.2-  
Laos-0.8-1.6-2.5-1.7-  
Latvia-3.5-3.2-2.4-2.1-  
Lebanon-15.3-16.6-13.1-13.6-  
Lithuania-2.2-2.1-2.8-2.3-  
Luxembourg-9.9-9.1-6.6-6.4-  
Macedonia-2.5-2.5-2.0-2.1-  
Malaysia22.425.123.221.0-  
Malta-1.4-1.5-2.1-2.1-  
Mexico-1.2-3.1-14.7-13.1-  
Moldova-3.1-3.0-2.0-2.0-  
Mongolia-2.10.50.91.6-  
Montenegro-  -  -  -  -  
Morocco-23.6-21.2-14.7-17.8-  
Mozambique-  -  -  -  -  
Myanmar2.37.3-5.4-  -  
Netherlands62.067.749.057.2-  
New Zealand-0.3-1.0-2.5-2.2-  
Nicaragua-3.3-3.3-3.5-3.7-  
Nigeria43.821.0-6.4-0.5-  
Norway66.255.327.516.8-  
Oman24.425.69.1-  -  
Pakistan-15.4-16.6-17.2-18.4-  
Panama-9.5-10.4-9.7-8.8-  
Paraguay1.71.00.61.4-  
Peru0.5-1.5-2.91.9-  
Philippines-5.7-3.3-12.2-27.7-  
Poland-0.4-4.32.51.8-  
Portugal-12.8-14.6-11.7-11.9-  
Puerto Rico17.420.026.228.5-  
Qatar10295.548.825.3-  
Romania-8.0-8.0-9.4-11.0-  
Russia18118914890.3-  
Saudi Arabia22318444.358.4-  
Serbia-  -  -4.4-3.8-  
Singapore75.081.982.882.9-  
Slovakia3.93.72.22.5-  
Slovenia0.91.61.71.7-  
South Africa-7.0-7.7-4.21.7-  
Spain-21.0-34.0-26.9-20.8-  
Sri Lanka-7.6-8.3-8.4-9.1-  
Sweden18.617.413.511.4-  
Switzerland28.536.238.135.7-  
Taiwan33.438.248.149.8-  
Tajikistan-3.0-3.6-2.5-2.1-  
Tanzania-5.8-5.7-4.1-2.9-  
Thailand0.217.226.836.6-  
Trinidad and Tobago6.13.31.3-  -  
Tunisia-7.1-8.1-6.2-5.8-  
Turkey-79.9-63.6-48.1-40.9-  
Turkmenistan6.87.26.2-  -  
USA-702.2-752.2-761.9-752.5-  
Uganda-2.1-2.4-2.3-1.4-  
Ukraine-22.1-7.1-3.5-6.8-  
United Arab Emirates14112876.668.3-  
United Kingdom-114.2-182.8-163.9-225.4-  
Uruguay-1.4-0.9-0.20.4-  
Uzbekistan-6.2-7.9-5.3-  -  
Venezuela31.627.2-  -  -  
Vietnam0.40.8-4.12.1-  
Yemen-2.9-3.3-  -  -  
Zambia0.40.1-0.1-1.0-  

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