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
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Albania | - | - | - | - | - |
| Algeria | 9.4 | 0.5 | -18.1 | -20.1 | -14.3 |
| Angola | 41.9 | 30.6 | 12.5 | 14.5 | 20.4 |
| Argentina | 1.5 | 3.2 | -3.0 | 2.1 | -8.5 |
| Armenia | -2.2 | -2.1 | -1.2 | -0.9 | -1.5 |
| Australia | 20.3 | 11.9 | -13.1 | 3.1 | 10.0 |
| Austria | -1.3 | 1.2 | 2.3 | 0.3 | -1.4 |
| Azerbaijan | 21.4 | 18.9 | 5.8 | 4.2 | 6.1 |
| Bahrain | 4.3 | 3.7 | 0.8 | -0.8 | -0.7 |
| Bangladesh | -10.3 | -6.8 | -7.0 | -6.5 | -9.5 |
| Belarus | -4.6 | -2.6 | -2.1 | -2.5 | -2.9 |
| Belgium | 17.8 | 19.0 | 21.4 | 18.9 | 23.7 |
| Belize | -0.3 | -0.3 | -0.4 | -0.4 | -0.4 |
| Bolivia | 2.5 | 2.1 | -1.2 | -1.5 | -1.6 |
| Bosnia and Herzegovina | -4.7 | -5.5 | -4.1 | -4.0 | - |
| Botswana | -0.1 | 0.8 | -0.7 | 1.5 | 0.9 |
| Brazil | 2.3 | -4.0 | 19.7 | 47.7 | 67.1 |
| Brunei | 7.8 | 6.9 | 3.1 | 2.6 | - |
| Bulgaria | -3.8 | -3.8 | -2.9 | -1.1 | -2.4 |
| Cambodia | -3.2 | -3.2 | -3.5 | -3.4 | - |
| Canada | -3.6 | 13.2 | -9.5 | -12.1 | -11.1 |
| Chile | 2.0 | 6.5 | 3.4 | 5.4 | 7.9 |
| China | 259 | 383 | 594 | 510 | 419 |
| Colombia | 2.2 | -6.2 | -15.6 | -11.1 | -6.2 |
| Costa Rica | -6.4 | -6.4 | -5.5 | -5.4 | -5.3 |
| Croatia | -9.2 | -9.1 | -7.7 | -8.2 | -8.8 |
| Cyprus | -4.2 | -5.0 | -3.8 | -4.9 | -6.0 |
| Czech Republic | 8.5 | 10.8 | 7.6 | 10.1 | 10.1 |
| DR Congo | 0.8 | -0.4 | -0.3 | -0.2 | - |
| Denmark | 13.2 | 11.8 | 9.3 | 9.9 | 9.3 |
| Dominican Republic | -7.4 | -7.4 | -7.5 | -7.6 | -7.6 |
| Ecuador | -0.9 | -2.0 | -3.2 | 0.5 | -0.9 |
| Egypt | -30.7 | -34.1 | -39.1 | -38.7 | -36.6 |
| El Salvador | -5.2 | -5.2 | -4.8 | -4.4 | -4.8 |
| Estonia | -2.1 | -2.4 | -1.7 | -1.8 | -2.1 |
| Ethiopia | -9.1 | -12.0 | -13.8 | -13.6 | - |
| Eurozone | 275 | 321 | 398 | 415 | 391 |
| Finland | 3.4 | 2.5 | 1.9 | 0.9 | 2.5 |
| France | -57.1 | -57.1 | -32.1 | -38.3 | -53.8 |
| Georgia | -5.1 | -5.7 | -5.5 | -7.7 | -5.3 |
| Germany | 285 | 306 | 288 | 294 | 301 |
| Ghana | -3.8 | -1.4 | -3.2 | -1.8 | 1.1 |
| Greece | -23.8 | -24.7 | -15.9 | -17.9 | -20.4 |
| Guatemala | -6.2 | -6.1 | -5.6 | -5.2 | -6.0 |
| Haiti | -2.4 | -2.7 | -2.4 | -2.2 | -2.6 |
| Honduras | -3.1 | -3.0 | -2.9 | -2.6 | -2.6 |
| Hong Kong | -64.8 | -70.9 | -57.1 | -54.5 | -61.9 |
| Hungary | 8.7 | 8.3 | 9.5 | 10.8 | 9.1 |
| Iceland | 0.0 | -0.3 | -0.6 | -1.2 | -2.2 |
| India | -136.6 | -137.5 | -117.2 | -109.0 | -157.0 |
| Indonesia | -4.1 | -2.2 | 7.7 | 9.5 | 11.8 |
| Iran | 29.3 | 18.1 | 5.4 | 20.8 | - |
| Iraq | 30.4 | 26.8 | 3.3 | 7.1 | 18.8 |
| Ireland | 44.5 | 40.7 | 47.3 | 49.6 | 49.3 |
| Israel | -7.9 | -7.2 | -3.3 | -7.4 | -9.5 |
| Italy | 38.7 | 55.6 | 46.1 | 54.8 | 53.9 |
| Jamaica | -4.6 | -4.4 | -3.7 | -3.6 | - |
| Japan | -117.5 | -122.4 | -23.3 | 37.0 | 26.1 |
| Jordan | -11.7 | -12.0 | -10.3 | -9.6 | -10.7 |
| Kazakhstan | 34.8 | 36.2 | 12.7 | 9.2 | 17.5 |
| Kenya | -10.5 | -12.4 | -10.1 | -7.9 | -10.9 |
| Korea | 44.0 | 47.2 | 90.3 | 89.2 | 95.2 |
| Kosovo | -2.8 | -3.0 | -2.6 | -2.8 | -3.0 |
| Kuwait | 89.6 | 78.3 | 27.8 | 20.1 | 23.5 |
| Kyrgyzstan | -2.8 | -2.8 | -2.2 | -2.1 | -2.3 |
| Laos | -0.8 | -1.6 | -2.5 | -1.4 | - |
| Latvia | -3.5 | -3.2 | -2.4 | -2.1 | -3.0 |
| Lebanon | -15.3 | -17.5 | -15.0 | -15.4 | -15.9 |
| Lithuania | -2.2 | -2.0 | -2.8 | -2.3 | -2.7 |
| Luxembourg | -9.9 | -9.1 | -6.6 | -6.4 | -7.2 |
| Macedonia | -2.5 | -2.5 | -2.0 | -2.0 | -2.0 |
| Malaysia | 22.4 | 25.1 | 23.2 | 21.2 | 22.7 |
| Malta | -1.4 | -1.5 | -2.1 | -2.1 | - |
| Mexico | -1.2 | -3.1 | -14.7 | -13.1 | -11.0 |
| Moldova | -3.1 | -3.0 | -2.0 | -2.0 | -2.4 |
| Mongolia | -2.1 | 0.5 | 0.9 | 1.6 | 1.9 |
| Montenegro | -1.7 | -1.9 | -1.6 | -1.8 | -2.1 |
| Morocco | -23.6 | -21.2 | -14.7 | -17.8 | -18.2 |
| Mozambique | -4.4 | -4.1 | -4.2 | -1.4 | -0.5 |
| Myanmar | -0.1 | -1.9 | -3.8 | -3.7 | - |
| Netherlands | 62.0 | 67.7 | 52.0 | 57.8 | 64.1 |
| New Zealand | -0.3 | -1.0 | -2.5 | -2.2 | -2.0 |
| Nicaragua | -3.3 | -3.2 | -3.5 | -3.7 | -3.6 |
| Nigeria | 43.8 | 21.0 | -6.4 | -0.5 | 13.1 |
| Norway | 66.2 | 55.3 | 27.5 | 14.4 | 21.2 |
| Oman | 24.4 | 25.6 | 9.1 | 6.2 | - |
| Pakistan | -15.4 | -16.6 | -17.2 | -18.4 | -26.7 |
| Panama | -9.5 | -10.8 | -9.7 | -8.8 | -9.4 |
| Paraguay | 1.7 | 1.0 | 0.6 | 1.4 | 0.6 |
| Peru | 0.5 | -1.5 | -2.9 | 1.9 | 6.2 |
| Philippines | -5.7 | -3.3 | -12.2 | -26.7 | -30.0 |
| Poland | -0.5 | -4.3 | 2.5 | 3.3 | 0.9 |
| Portugal | -12.9 | -14.6 | -11.9 | -12.4 | -15.7 |
| Puerto Rico | 17.4 | 20.0 | 26.2 | 28.5 | 24.9 |
| Qatar | 102 | 95.5 | 48.8 | 25.4 | 36.5 |
| Romania | -7.5 | -8.3 | -9.4 | -11.0 | -14.8 |
| Russia | 181 | 189 | 148 | 90.3 | 115 |
| Saudi Arabia | 223 | 184 | 44.3 | 55.8 | 102 |
| Serbia | -5.5 | -5.5 | -4.4 | -3.5 | -4.5 |
| Singapore | 76.1 | 85.2 | 89.8 | 85.5 | 84.4 |
| Slovakia | 3.9 | 3.9 | 3.1 | 1.8 | 0.7 |
| Slovenia | 0.9 | 1.6 | 1.7 | 1.7 | 1.8 |
| South Africa | -7.2 | -6.9 | -5.0 | 1.2 | 6.0 |
| Spain | -20.7 | -33.5 | -26.9 | -20.8 | -28.2 |
| Sri Lanka | -7.6 | -8.3 | -8.4 | -8.9 | -9.6 |
| Sweden | 18.6 | 17.4 | 13.8 | 12.0 | 12.4 |
| Switzerland | 36.3 | 35.6 | 36.8 | 32.8 | 29.7 |
| Taiwan | 33.4 | 38.2 | 48.1 | 49.8 | 58.0 |
| Tajikistan | -3.0 | -3.6 | -2.5 | -2.1 | -1.6 |
| Tanzania | -5.8 | -5.7 | -4.5 | -2.8 | - |
| Thailand | 0.1 | 17.2 | 26.8 | 36.6 | 31.8 |
| Trinidad and Tobago | 7.6 | 6.4 | 2.5 | -1.2 | - |
| Tunisia | -7.1 | -8.1 | -6.2 | -5.8 | -6.4 |
| Turkey | -79.9 | -63.6 | -48.1 | -40.9 | -58.9 |
| Turkmenistan | 6.8 | 7.5 | 6.0 | 4.0 | - |
| USA | -700.5 | -749.9 | -761.9 | -751.1 | -807.5 |
| Uganda | -2.1 | -2.4 | -2.3 | -1.5 | -1.7 |
| Ukraine | -22.1 | -7.1 | -3.5 | -6.8 | -9.4 |
| United Arab Emirates | 140 | 108 | 76.6 | 68.3 | - |
| United Kingdom | -114.2 | -182.8 | -163.9 | -225.6 | -200.3 |
| Uruguay | 1.8 | 1.6 | 1.2 | 0.6 | 0.0 |
| Uzbekistan | -5.4 | -6.9 | -4.3 | -2.4 | - |
| Venezuela | 31.6 | 27.2 | 2.2 | - | - |
| Vietnam | 0.4 | 0.8 | -4.1 | 2.1 | 2.9 |
| Yemen | -6.2 | -9.6 | -6.1 | -6.9 | - |
| Zambia | 0.0 | -0.1 | -1.4 | -1.0 | -0.6 |
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Trade Balance Economic News
China: Export growth surges in September despite escalating U.S.-China trade tensions
October 12, 2018
Export growth accelerated from 9.8% in August to 14.5% in September.
Indonesia: Country records another trade deficit in August
September 17, 2018
According to Statistics Indonesia, the country recorded a trade deficit of USD 1.0 billion in August, contrasting the USD 1.7 billion surplus registered in the same month last year and marking the second consecutive monthly deficit.
China: Export growth cools in August amid escalating U.S.-China trade tensions
September 10, 2018
Export growth slowed to 9.8% year-on-year in August, down from the 12.2% increased registered in July.
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