Trade balance in Melanesia in 2024 — -2,830,461,948 US$. Since 1980, the indicator has fallen by 615.8%.
1980–2024 · US$
How the value compares with the world and the groups this territory belongs to: Melanesia
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | -2.83B | +206M | +6.77% |
| 2023 | -3.04B | +549M | +15.32% |
| 2022 | -3.59B | −8.43M | −0.24% |
| 2021 | -3.58B | −729M | −25.61% |
| 2020 | -2.85B | +108M | +3.64% |
| 2019 | -2.96B | −617M | −26.41% |
| 2018 | -2.34B | −301M | −14.77% |
| 2017 | -2.04B | +94.76M | +4.44% |
| 2016 | -2.13B | +416M | +16.34% |
| 2015 | -2.55B | +229M | +8.24% |
| 2014 | -2.78B | +658M | +19.14% |
| 2013 | -3.43B | −513M | −17.55% |
| 2012 | -2.92B | +180M | +5.8% |
| 2011 | -3.1B | −26.92M | −0.88% |
| 2010 | -3.08B | −435M | −16.47% |
| 2009 | -2.64B | +958M | +26.63% |
| 2008 | -3.6B | −1.45B | −67.22% |
| 2007 | -2.15B | −62.12M | −2.97% |
| 2006 | -2.09B | −516M | −32.81% |
| 2005 | -1.57B | −692M | −78.51% |
| 2004 | -881M | −150M | −20.53% |
| 2003 | -731M | +902,854 | +0.12% |
| 2002 | -732M | −245M | −50.29% |
| 2001 | -487M | −449M | −1,176.2% |
| 2000 | -38.18M | +352M | +90.21% |
| 1999 | -390M | +129M | +24.88% |
| 1998 | -519M | −94.01M | −22.11% |
| 1997 | -425M | −570M | −394.72% |
| 1996 | 144M | −63.04M | −30.41% |
| 1995 | 207M | +126M | +156.39% |
| 1994 | 80.87M | +48.28M | +148.13% |
| 1993 | 32.59M | +644M | +105.33% |
| 1992 | -611M | +396M | +39.31% |
| 1991 | -1.01B | −116M | −13.07% |
| 1990 | -890M | −332M | −59.44% |
| 1989 | -558M | −141M | −33.75% |
| 1988 | -418M | −147M | −54.13% |
| 1987 | -271M | +2.11M | +0.77% |
| 1986 | -273M | +85.04M | +23.75% |
| 1985 | -358M | +81.91M | +18.62% |
| 1984 | -440M | +163M | +27.07% |
| 1983 | -603M | +128M | +17.48% |
| 1982 | -731M | +53.48M | +6.82% |
| 1981 | -785M | −389M | −98.42% |
| 1980 | -395M | — | — |
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.
The value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.