Kosovo Merchandise Trade Balance (USD bn)

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.

This chart displays Merchandise Trade Balance (USD bn) for Euro Area from 2010 to 2022.

Trade Balance (USD billion) Data

2018 2019 2020 2021 2022
Albania -3.4 -3.5 -3.4 -4.5 -4.5
Austria -7.1 -4.8 -2.1 -15.2 -21.6
Belgium 12.9 18.1 23.8 21.5 18.6
Bosnia-Herz. -1.2 -1.2 -0.9 -1.3 -1.6
Bulgaria -3.2 -3.3 -2.2 -3.4 -5.3
Croatia -11.4 -11.7 -10.1 -13.5 -18.9
Cyprus -5.4 -5.2 -4.8 -5.1 -6.2
Czech Republic 9.2 10.5 12.1 3.2 -4.3
Denmark 6.8 12.6 10.0 5.1 2.8
Estonia -1.4 -1.0 -0.3 -1.5 -2.7
Euro Area 324 333 377 324 -83
Finland 0.3 2.6 3.1 2.7 -0.4
France -60 -53 -66 -80 -144
Germany 266 249 215 225 117
Greece -26.5 -25.6 -21.1 -31.6 -41.0
Hungary -2.7 -4.1 -1.5 -5.2 -15.7
Iceland -2.1 -1.4 -1.1 -1.7 -2.2
Ireland 129 132 162 199 213
Italy 54.2 68.0 77.8 58.8 -19.0
Kosovo -3.2 -3.2 -2.9 -4.2 -4.5
Latvia -2.9 -3.0 -1.8 -3.3 -4.3
Lithuania -3.2 -2.6 -0.5 -3.8 -8.7
Luxembourg 2.0 1.8 1.7 1.0 0.1
Malta -1.8 -1.7 -1.5 -2.7 -3.1
Montenegro -2.4 -2.3 -1.9 -2.3 -2.8
Netherlands 84.5 67.3 70.4 86.5 77.3
North Macedonia -2.1 -2.2 -2.1 -2.8 -3.6
Norway 35.6 17.9 1.1 74.5 169.6
Poland -13.2 -4.9 8.2 -8.7 -25.4
Portugal -20.8 -22.5 -16.4 -23.1 -32.7
Romania -18.1 -20.0 -21.6 -27.3 -34.0
San Marino -0.2 -0.2 -0.2 - -
Serbia -6.0 -6.3 -5.9 -7.1 -9.9
Slovakia -0.3 -1.3 1.2 -0.6 -7.0
Slovenia 1.5 1.5 2.7 1.0 -2.3
Spain -39.9 -35.8 -15.3 -30.9 -71.6
Sweden 11.1 20.7 21.6 27.0 20.7
Afghanistan -5.7 -5.3 -5.1 - -
Algeria -7.5 -9.3 -13.6 1.1 -
Andorra -1.5 -1.4 -1.3 -1.1 -
Angola 25.0 20.6 11.4 21.8 32.8
Antigua and Barbuda -0.6 -0.6 -0.4 -0.5 -
Argentina -3.7 16.0 12.5 14.8 6.9
Armenia -1.8 -1.7 -1.4 -1.5 -1.9
Aruba -1.0 -1.1 -0.8 -0.9 -1.2
Australia 30.3 57.3 48.1 97.2 123.6
Azerbaijan 9.8 8.5 2.5 11.3 27.4
Bahamas, The -2.7 -2.3 -1.6 -2.6 -
Bahrain -1.1 0.9 -0.1 4.9 8.2
Bangladesh -16.0 -15.6 -16.4 -32.5 -28.9
Belarus -2.5 -4.2 -1.9 -0.7 0.2
Belize -0.5 -0.5 -0.4 -0.5 -0.7
Benin -0.6 -0.4 -0.2 -0.4 -
Bhutan -0.4 -0.4 -0.3 -0.2 -0.6
Bolivia -0.4 -0.3 0.6 2.2 1.6
Botswana 0.5 -1.1 -2.0 -0.7 0.5
Brazil 46.6 35.2 50.4 61.4 61.5
Brunei 2.4 2.2 1.4 2.7 5.2
Burkina Faso -1.0 -0.9 0.3 0.4 -1.0
Burundi -0.6 -0.7 -0.7 -0.9 -1.0
Cabo Verde -0.7 -0.7 -0.7 -0.7 -0.8
Cambodia -5.9 -7.3 -2.5 -11.3 -8.9
Cameroon -0.5 -0.7 -0.7 -0.5 -
Canada -16.8 -14.2 -30.0 3.7 16.8
CdI 2.5 3.1 3.1 3.1 1.0
Chad -0.5 -0.1 -0.9 -0.2 -0.2
Chile 4.4 3.0 18.9 10.5 3.8
China 351 421 524 670 851
Colombia -6.4 -9.9 -8.9 -14.0 -12.0
Comoros -0.2 -0.2 -0.3 -0.3 -0.3
Congo 0.0 4.3 2.2 - -
Costa Rica -4.6 -3.9 -2.0 -2.8 -4.6
Cuba -9.1 -7.8 -5.5 -6.5 -
Djibouti -0.1 -0.1 -0.1 -0.7 -0.9
Dominica -0.3 -0.3 -0.2 -0.2 -
Dominican Republic -9.6 -9.1 -6.8 -11.7 -17.0
DR Congo 1.0 0.4 1.9 3.9 -
Ecuador -0.2 1.0 3.5 3.0 2.5
Egypt -37.3 -38.0 -36.5 -42.1 -43.4
El Salvador -5.6 -5.7 -5.0 -8.0 -9.6
Equatorial Guinea 3.4 3.3 1.9 3.3 5.2
Eritrea -0.4 -0.4 -0.4 -0.6 -0.7
Ethiopia -12.6 -11.8 -9.9 -12.0 -14.7
Fiji -1.7 -1.7 -0.9 -1.3 -1.9
Gabon 2.4 4.2 2.8 4.0 4.6
Gambia, The -0.4 -0.4 -0.5 -0.7 -0.6
Georgia -4.1 -3.8 -3.2 -3.8 -5.1
Ghana 1.8 2.3 2.0 1.1 2.9
Grenada -0.4 -0.4 -0.4 -0.4 -0.6
Guatemala -8.0 -8.0 -6.3 -10.9 -14.2
Guinea 0.6 0.5 5.2 6.1 5.8
Guinea-Bissau 0.1 -0.1 -0.1 -0.1 -0.1
Guyana -1.1 -2.5 0.3 0.0 6.8
Haiti -3.7 -3.3 -2.9 -3.5 -
Honduras -3.8 -3.4 -2.6 -4.9 -5.4
Hong Kong -71.7 -54.2 -43.8 -44.1 -49.8
India -184 -161 -100 -191 -272
Indonesia -0.2 3.5 28.3 43.8 62.7
Iran 30.8 1.9 3.2 15.8 -
Iraq 47.5 32.2 5.9 38.4 -
Israel -16.7 -15.3 -11.4 -21.7 -26.1
Jamaica -3.5 -4.0 -2.9 -2.8 -4.6
Japan 13 -1 25 16 -123
Jordan -10.3 -8.7 -7.4 -9.9 -11.9
Kazakhstan 24.0 18.4 6.0 24.2 35.7
Kenya -10.2 -10.7 -8.4 -11.4 -11.7
Kiribati -0.1 -0.1 -0.1 -0.1 -
Korea 69.7 38.9 44.9 29.3 -47.8
Kuwait 46.4 35.3 15.4 40.5 71.9
Kyrgyzstan -3.0 -2.6 -1.4 -2.4 -6.8
Laos -0.9 -0.5 0.7 1.4 1.0
Lebanon -14.9 -13.5 -6.6 -8.3 -
Lesotho -0.7 -0.7 -0.7 -0.8 -0.7
Liberia -0.5 -0.4 - - -
Libya 16.0 11.3 0.2 - -
Macao -10.8 -10.6 -7.7 -10.8 -
Madagascar -0.5 -0.8 -0.9 -1.0 -
Malawi -1.7 -1.7 -1.8 -1.9 -
Malaysia 30.7 35.2 43.6 61.2 58.2
Maldives -2.4 -2.4 -1.5 -2.1 -2.9
Mali -1.1 -1.5 -0.3 -1.5 -2.1
Marshall Islands 0.0 0.0 0.0 0.0 -0.1
Mauritania -1.1 -1.3 0.1 -0.6 -1.4
Mauritius -3.3 -3.4 -2.4 -3.2 -4.3
Mexico -13.6 5.4 34.2 -10.8 -26.9
Micronesia, Federated States of -0.2 -0.1 -0.2 -0.1 -0.1
Moldova -3.3 -3.3 -3.1 -4.2 -5.0
Mongolia 0.7 1.2 1.8 1.4 1.2
Morocco -20.3 -19.8 -15.5 -19.9 -26.7
Mozambique -1.3 -2.1 -2.3 -2.3 -5.1
Myanmar -4.1 -2.8 -3.9 -1.2 -
Namibia -0.8 -1.8 -1.2 -2.4 -2.7
Nauru 0.0 0.0 0.0 0.1 0.1
Nepal -11.9 -11.4 -9.0 -14.2 -12.1
New Zealand -4.3 -2.9 1.6 -5.0 -9.3
Nicaragua -1.6 -1.1 -0.9 -1.9 -2.8
Niger -1.1 -1.2 -1.3 -1.5 -1.5
Nigeria 20.5 2.9 -16.4 -4.6 6.0
Oman 18.1 18.2 7.6 16.5 -
Pakistan -30.9 -27.6 -21.1 -28.6 -39.1
Palau -0.2 -0.2 -0.1 -0.2 -0.2
Panama -9.2 -7.5 -2.8 -3.6 -9.3
Papua New Guinea 7.0 7.5 6.0 7.5 12.0
Paraguay 0.6 0.2 1.2 0.6 -1.9
Peru 7.2 6.9 8.1 15.0 10.3
Philippines -43.5 -40.7 -24.6 -42.2 -58.2
Puerto Rico 14.0 14.3 17.7 12.9 8.3
Qatar 51.0 41.6 27.1 60.3 97.4
Russia 195.1 165.8 93.4 190.3 314.1
Rwanda -1.2 -1.5 -1.7 -1.7 -2.0
Saint Kitts and Nevis -0.3 -0.3 -0.2 -0.2 -
Saint Lucia -0.5 -0.4 -0.4 -0.4 -
Saint Vincent and the Grenadines -0.3 -0.3 -0.3 -0.3 -0.5
Samoa -0.3 -0.3 -0.2 -0.3 -0.4
Sao Tome and Principe -0.1 -0.1 -0.1 -0.1 -0.1
Saudi Arabia 168.7 121.3 47.9 136.4 234.4
Senegal -3.4 -2.9 -2.8 -3.1 -3.9
Seychelles -0.6 -0.6 -0.4 -0.5 -
Sierra Leone -0.6 -0.8 -0.6 -0.6 -
Singapore 104.4 97.8 106.5 125.7 136.5
Solomon Islands 0.0 -0.1 -0.1 -0.2 -0.3
Somalia -2.1 -2.4 -2.8 -3.0 -3.2
South Africa 2.0 2.5 17.5 30.2 13.7
South Sudan 1.0 0.8 0.0 -0.6 -
Sri Lanka -10.3 -8.0 -6.0 -8.1 -5.2
Sudan -4.4 -5.6 -6.0 -4.7 -5.9
Suriname 0.7 0.4 0.7 0.1 -0.1
Swaziland 0.2 2.6 2.4 1.2 -
Switzerland 72.3 71.4 63.4 116.3 120.0
Syrian Arab Republic -6.9 -6.1 -4.4 -5.7 -7.6
Taiwan 49.2 43.5 59.0 64.4 51.4
Tajikistan -1.9 -1.9 -1.4 -1.7 -3.0
Tanzania -4.2 -3.2 -1.5 -3.2 -7.0
Thailand 22.3 26.6 40.5 32.3 13.3
Timor-Leste -0.5 -0.4 -0.4 -0.3 -0.6
Togo -0.8 -0.8 -0.7 - -
Tonga -0.2 -0.2 -0.2 -0.2 -0.2
Trinidad and Tobago 4.1 2.7 1.0 4.7 9.2
Tunisia -6.0 -5.6 -3.6 -4.8 -7.0
Turkey -40.7 -16.8 -37.9 -29.3 -89.5
Turkmenistan 7.3 7.5 3.3 - -
Tuvalu 0.0 0.0 0.0 0.0 -
UAE 85.6 80.4 60.3 79.0 -
Uganda -2.5 -2.8 -2.6 -3.0 -3.7
Ukraine -12.7 -14.3 -6.8 -6.6 -14.7
United Kingdom -191 -189 -171 -233 -284
United States -879 -857 -913 -1,084 -1,183
Uruguay 2.4 3.1 2.2 4.5 3.5
Uzbekistan -6.9 -7.3 -6.2 -8.8 -11.2
Vanuatu -0.3 -0.3 -0.3 -0.3 -0.3
Venezuela 20.9 - - - -
Vietnam 16.5 21.2 30.7 15.7 25.7
West Bank and Gaza -5.4 -5.5 -4.8 -6.0 -8.0
Yemen -2.7 -4.1 -4.3 -4.5 -
Zambia 0.5 0.7 3.2 4.8 3.4
Zimbabwe -1.9 0.2 0.2 -0.8 -1.1

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