Trade balance — all countries

Trade balance — Middle East & North Africa

Trade balance in Middle East & North Africa in 2024 — 25,423,144,292 US$. Since 1976, the indicator has fallen by 16.5%.

2024 25.42B US$ −87.93% vs 2023
World rank
Period maximum 535B US$2012
Period minimum -43.35B US$1991

Trend over time

1976–2024 · US$

Trade balance — Middle East & North Africa, 1976–2024-200B0200B400B600B197619811986199119962001200620112016202120241976: 30,455,507,372 US$1977: 16,251,069,022 US$1978: 4,752,719,170 US$1979: 45,445,733,374 US$1980: 70,324,781,237 US$1981: 34,332,848,141 US$1982: -12,924,722,215 US$1983: -37,906,999,574 US$1984: -30,710,060,928 US$1985: -26,527,293,899 US$1986: -42,939,969,248 US$1987: -15,076,895,987 US$1988: -26,654,447,983 US$1989: -28,474,467,125 US$1990: -12,706,033,163 US$1991: -43,350,624,561 US$1992: -28,370,140,771 US$1993: -17,248,218,682 US$1994: 6,784,895,223 US$1995: 3,848,684,441 US$1996: 15,102,179,350 US$1997: 21,366,884,073 US$1998: -20,679,698,953 US$1999: 21,168,356,919 US$2000: 77,092,786,571 US$2001: 48,021,165,848 US$2002: 54,198,624,720 US$2003: 80,474,115,101 US$2004: 121,856,077,900 US$2005: 223,401,142,522 US$2006: 289,766,952,998 US$2007: 266,755,627,133 US$2008: 374,120,262,941 US$2009: 103,577,345,666 US$2010: 291,122,147,267 US$2011: 515,752,911,463 US$2012: 534,899,703,376 US$2013: 480,010,312,775 US$2014: 323,103,453,082 US$2015: 12,027,702,908 US$2016: 10,356,849,161 US$2017: 103,065,151,876 US$2018: 264,083,703,290 US$2019: 165,575,310,091 US$2020: -9,124,852,802 US$2021: 225,335,054,632 US$2022: 495,161,571,984 US$2023: 210,568,255,391 US$2024: 25,423,144,292 US$
Change over the period: −5.03B (−16.52%) Average annual rate: -0.38 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Middle East & North Africa

Middle East & North Africa 25.42B US$
World computed 863B US$
Trade balance — Middle East & North Africa, by year Middle East & North Africa All countries CSV XLSX
Year US$ Change Change, %
2024 25.42B −185B −87.93%
2023 211B −285B −57.47%
2022 495B +270B +119.74%
2021 225B +234B +2,569.47%
2020 -9.12B −175B −105.51%
2019 166B −98.51B −37.3%
2018 264B +161B +156.23%
2017 103B +92.71B +895.14%
2016 10.36B −1.67B −13.89%
2015 12.03B −311B −96.28%
2014 323B −157B −32.69%
2013 480B −54.89B −10.26%
2012 535B +19.15B +3.71%
2011 516B +225B +77.16%
2010 291B +188B +181.07%
2009 104B −271B −72.31%
2008 374B +107B +40.25%
2007 267B −23.01B −7.94%
2006 290B +66.37B +29.71%
2005 223B +102B +83.33%
2004 122B +41.38B +51.42%
2003 80.47B +26.28B +48.48%
2002 54.2B +6.18B +12.86%
2001 48.02B −29.07B −37.71%
2000 77.09B +55.92B +264.19%
1999 21.17B +41.85B +202.36%
1998 -20.68B −42.05B −196.78%
1997 21.37B +6.26B +41.48%
1996 15.1B +11.25B +292.4%
1995 3.85B −2.94B −43.28%
1994 6.78B +24.03B +139.34%
1993 -17.25B +11.12B +39.2%
1992 -28.37B +14.98B +34.56%
1991 -43.35B −30.64B −241.18%
1990 -12.71B +15.77B +55.38%
1989 -28.47B −1.82B −6.83%
1988 -26.65B −11.58B −76.79%
1987 -15.08B +27.86B +64.89%
1986 -42.94B −16.41B −61.87%
1985 -26.53B +4.18B +13.62%
1984 -30.71B +7.2B +18.99%
1983 -37.91B −24.98B −193.29%
1982 -12.92B −47.26B −137.65%
1981 34.33B −35.99B −51.18%
1980 70.32B +24.88B +54.74%
1979 45.45B +40.69B +856.2%
1978 4.75B −11.5B −70.75%
1977 16.25B −14.2B −46.64%
1976 30.46B

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.