Trade balance — all countries

Trade balance — Australia and New Zealand

Trade balance in Australia and New Zealand in 2024 — 33,587,114,555 US$. Since 1970, the indicator has risen by 11,487.7%.

2024 33.59B US$ −51.26% vs 2023
World rank
Period maximum 75.88B US$2022
Period minimum -27.69B US$2016

Trend over time

1970–2024 · US$

Trade balance — Australia and New Zealand, 1970–2024-50B050B100B19701976198219881994200020062012201820241970: -294,941,577 US$1971: -60,846,275 US$1972: 734,443,932 US$1973: 2,016,917,156 US$1974: -1,772,868,593 US$1975: -1,332,198,718 US$1976: -204,523,562 US$1977: -942,965,834 US$1978: -1,004,571,161 US$1979: -1,733,565,259 US$1980: 536,976,063 US$1981: -3,974,296,057 US$1982: -7,096,818,025 US$1983: -3,883,375,892 US$1984: -3,318,775,671 US$1985: -4,220,214,073 US$1986: -5,436,870,793 US$1987: -2,120,341,848 US$1988: 241,999,806 US$1989: -5,170,086,346 US$1990: -5,572,624,549 US$1991: 1,144,404,577 US$1992: 2,196,857,587 US$1993: 708,010,668 US$1994: -144,440,846 US$1995: -6,029,152,189 US$1996: -707,807,671 US$1997: 2,115,249,389 US$1998: -2,754,756,060 US$1999: -9,214,974,312 US$2000: -7,402,384,885 US$2001: 2,280,914,099 US$2002: 2,040,992,677 US$2003: -8,205,029,224 US$2004: -16,203,148,684 US$2005: -20,528,821,939 US$2006: -14,294,034,600 US$2007: -13,864,685,495 US$2008: -27,255,110,775 US$2009: 5,429,230,754 US$2010: -7,309,939,574 US$2011: 16,920,670,642 US$2012: -1,528,471,811 US$2013: -17,740,324,967 US$2014: -2,901,633,920 US$2015: -18,886,477,857 US$2016: -27,685,048,846 US$2017: 5,975,668,036 US$2018: 535,849,562 US$2019: 30,072,953,362 US$2020: 43,974,891,973 US$2021: 49,774,346,838 US$2022: 75,881,721,765 US$2023: 68,905,670,547 US$2024: 33,587,114,555 US$
Change over the period: +33.88B (+11,487.72%)

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Australia and New Zealand

Australia and New Zealand 33.59B US$
World computed 863B US$
Trade balance — Australia and New Zealand, by year Australia and New Zealand All countries CSV XLSX
Year US$ Change Change, %
2024 33.59B −35.32B −51.26%
2023 68.91B −6.98B −9.19%
2022 75.88B +26.11B +52.45%
2021 49.77B +5.8B +13.19%
2020 43.97B +13.9B +46.23%
2019 30.07B +29.54B +5,512.2%
2018 536M −5.44B −91.03%
2017 5.98B +33.66B +121.58%
2016 -27.69B −8.8B −46.59%
2015 -18.89B −15.98B −550.89%
2014 -2.9B +14.84B +83.64%
2013 -17.74B −16.21B −1,060.66%
2012 -1.53B −18.45B −109.03%
2011 16.92B +24.23B +331.47%
2010 -7.31B −12.74B −234.64%
2009 5.43B +32.68B +119.92%
2008 -27.26B −13.39B −96.58%
2007 -13.86B +429M +3%
2006 -14.29B +6.23B +30.37%
2005 -20.53B −4.33B −26.7%
2004 -16.2B −8B −97.48%
2003 -8.21B −10.25B −502.01%
2002 2.04B −240M −10.52%
2001 2.28B +9.68B +130.81%
2000 -7.4B +1.81B +19.67%
1999 -9.21B −6.46B −234.51%
1998 -2.75B −4.87B −230.23%
1997 2.12B +2.82B +398.85%
1996 -708M +5.32B +88.26%
1995 -6.03B −5.88B −4,074.13%
1994 -144M −852M −120.4%
1993 708M −1.49B −67.77%
1992 2.2B +1.05B +91.97%
1991 1.14B +6.72B +120.54%
1990 -5.57B −403M −7.79%
1989 -5.17B −5.41B −2,236.4%
1988 242M +2.36B +111.41%
1987 -2.12B +3.32B +61%
1986 -5.44B −1.22B −28.83%
1985 -4.22B −901M −27.16%
1984 -3.32B +565M +14.54%
1983 -3.88B +3.21B +45.28%
1982 -7.1B −3.12B −78.57%
1981 -3.97B −4.51B −840.13%
1980 537M +2.27B +130.98%
1979 -1.73B −729M −72.57%
1978 -1B −61.61M −6.53%
1977 -943M −738M −361.05%
1976 -205M +1.13B +84.65%
1975 -1.33B +441M +24.86%
1974 -1.77B −3.79B −187.9%
1973 2.02B +1.28B +174.62%
1972 734M +795M +1,307.05%
1971 -60.85M +234M +79.37%
1970 -295M

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.