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. 

Looking for forecasts? FocusEconomics Consensus Forecasts cover approx. 30 macro-economic indicators per country for a 5-year forecast period and quarterly forecasts for the most important economic variables. Get Details.

Trade Balance Data

2015 2016 2017 2018 2019
Albania-  -  -  -  -  
Algeria-18.1-20.1-14.4-7.5-  
Angola12.514.520.225.020.6
Argentina-3.42.1-8.3-3.716.0
Armenia-1.2-0.9-1.4-1.8-2.1
Australia-13.13.110.030.357.2
Austria2.52.91.74.24.3
Azerbaijan5.84.26.19.88.5
Bahrain0.8-0.8-0.5-1.10.9
Bangladesh-5.9-5.4-9.5-18.2-15.4
Belarus-2.1-2.5-3.0-2.5-4.1
Belgium21.319.021.213.619.0
Belize-0.4-0.4-0.4-0.4-0.5
Bolivia-0.4-0.9-0.5-0.5-0.2
Bosnia and Herzegovina-4.1-4.0-4.3-4.5-4.6
Botswana-0.71.50.80.5-1.3
Brazil19.547.667.058.048.0
Brunei2.92.22.42.42.1
Bulgaria-2.9-1.1-0.9-2.2-1.9
Cambodia-4.0-3.9-4.3-5.9-7.3
Canada-19.3-18.9-18.6-17.1-13.9
Chile3.44.97.44.64.2
China594510420351421
Colombia-13.5-9.2-4.5-5.1-8.5
Costa Rica-5.5-5.3-5.3-5.3-4.7
Croatia-7.7-8.2-8.8-10.9-10.6
Cyprus-3.8-4.9-6.0-5.7-5.8
Czech Republic7.610.110.99.4-  
DR Congo-  -  -  -  -  
Denmark9.310.39.36.912.7
Dominican Republic-7.5-7.6-7.6-9.3-9.1
Ecuador-3.20.5-0.9-1.5-0.2
Egypt-39.1-38.7-37.3-37.3-38.0
El Salvador-4.8-4.4-4.8-5.9-6.1
Estonia-1.7-1.8-2.1-2.1-1.9
Ethiopia-13.8-13.6-12.9-12.6-  
Eurozone385400391355361
Finland2.20.11.70.32.9
France-32.1-36.0-51.3-57.5-52.5
Georgia-4.0-3.9-3.8-4.1-3.7
Germany274277287271250
Ghana-3.2-1.81.21.82.3
Greece-19.6-19.8-22.3-26.5-25.6
Guatemala-7.0-6.6-7.4-8.7-8.7
Haiti-2.4-2.2-2.6-3.4-  
Honduras-2.9-2.6-2.7-3.7-3.2
Hong Kong-57.1-54.5-61.9-71.7-54.1
Hungary9.510.89.16.65.4
Iceland-0.6-1.2-2.2-2.2-1.3
India-117.3-108.9-158.6-182.3-153.5
Indonesia7.79.511.8-8.7-3.2
Iran5.420.822.632.6-  
Iraq11.012.225.447.532.2
Ireland47.349.445.057.669.9
Israel-3.4-8.3-11.4-18.3-16.9
Italy46.154.854.146.2-  
Jamaica-3.8-3.4-4.2-4.2-4.8
Japan-7.748.344.013.22.1
Jordan-12.6-11.8-13.0-12.6-11.0
Kazakhstan11.69.316.725.619.1
Kenya-10.1-8.5-10.9-11.4-11.8
Korea90.389.295.269.738.9
Kosovo-2.6-2.8-3.0-3.5-3.5
Kuwait27.819.525.740.8-  
Kyrgyzstan-2.2-2.1-2.4-3.0-2.6
Laos-2.0-1.1-0.8-0.9-0.5
Latvia-2.5-2.1-2.5-2.7-2.8
Lebanon-13.6-14.0-14.4-15.1-  
Lithuania-2.4-2.1-2.3-3.2-2.5
Luxembourg-6.7-6.4-7.2-7.8-8.1
Malaysia23.221.223.030.733.2
Malta-2.1-2.1-1.6-1.8-1.6
Mexico-14.7-13.1-11.0-13.65.4
Moldova-2.1-2.1-2.6-3.3-3.3
Mongolia0.91.61.91.11.5
Montenegro-1.6-1.8-2.1-2.4-2.4
Morocco-14.7-17.6-18.0-20.3-20.0
Mozambique-4.2-1.4-0.5-1.0-2.1
Myanmar-3.8-3.6-5.8-4.3-  
Netherlands52.060.165.866.863.1
New Zealand-2.5-2.2-2.0-4.3-2.9
Nicaragua-3.5-3.7-3.5-2.7-  
Nigeria-6.4-0.513.120.52.9
North Macedonia-2.0-2.0-2.0-2.1-2.2
Norway27.514.421.535.617.8
Oman9.16.38.818.1-  
Pakistan-17.3-19.1-26.0-30.9-27.6
Panama-8.3-7.8-8.5-9.2-7.9
Paraguay0.82.21.90.80.5
Peru-2.92.06.77.26.6
Philippines-12.2-26.7-27.4-43.5-40.7
Poland2.53.31.5-5.62.7
Portugal-11.9-12.6-16.6-20.7-22.8
Puerto Rico26.428.425.214.114.3
Qatar48.825.436.551.041.6
Romania-9.4-11.0-14.8-17.6-19.7
Russia14890.2115194163
Saudi Arabia44.355.898.5169129
Serbia-4.4-3.5-4.5-6.0-6.3
Singapore92.590.897.010497.6
Slovakia3.11.80.80.1-3.0
Slovenia1.71.71.91.51.5
South Africa-3.72.14.91.82.7
Spain-26.9-20.8-28.2-39.5-36.4
Sri Lanka-8.4-8.9-9.6-10.3-8.0
Sweden14.211.011.311.118.5
Switzerland36.832.829.731.236.1
Taiwan48.150.058.349.243.5
Tajikistan-2.3-1.9-1.5-1.9-1.7
Tanzania-5.0-3.6-3.0-3.6-3.4
Thailand26.135.832.622.426.6
Trinidad and Tobago3.91.23.03.9-  
Tunisia-5.0-4.8-5.3-6.0-5.4
Turkey-49.0-39.9-58.6-40.8-16.7
Turkmenistan3.52.73.67.26.8
USA-761.9-749.8-799.4-880.3-864.3
Uganda-2.3-1.6-1.7-2.5-2.7
Ukraine-3.5-6.9-9.7-12.7-14.3
United Arab Emirates76.668.467.285.674.8
United Kingdom-163.9-225.9-199.8-186.0-224.0
Uruguay1.31.92.42.42.9
Uzbekistan-14.0-2.4-2.2-6.9-7.3
Venezuela3.911.022.020.9-  
Vietnam7.411.010.816.545.4
Yemen-6.1-6.5-6.1-7.0-8.9
Zambia0.20.21.00.50.7

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