Trade balance — all countries

Trade balance — Northern Europe

Trade balance in Northern Europe in 2025 — 371,579,588,642 US$. Since 1993, the indicator has risen by 1,025.7%.

2025 372B US$ +3.09% vs 2024
World rank
Period maximum 397B US$2022
Period minimum 33.01B US$1993

Trend over time

1993–2025 · US$

Trade balance — Northern Europe, 1993–20250100B200B300B400B1993199720012005200920132017202120251993: 33,007,969,064 US$1994: 39,161,912,230 US$1995: 57,519,109,405 US$1996: 63,758,076,800 US$1997: 63,030,114,780 US$1998: 33,321,216,086 US$1999: 42,171,030,147 US$2000: 55,712,560,460 US$2001: 51,961,138,678 US$2002: 42,279,225,354 US$2003: 50,439,381,519 US$2004: 53,690,742,913 US$2005: 59,390,574,336 US$2006: 64,129,739,079 US$2007: 52,792,875,956 US$2008: 93,791,039,513 US$2009: 91,365,027,972 US$2010: 99,321,445,506 US$2011: 136,233,800,986 US$2012: 124,131,376,611 US$2013: 116,198,711,292 US$2014: 89,006,261,065 US$2015: 112,605,482,902 US$2016: 52,851,112,203 US$2017: 102,450,884,537 US$2018: 137,783,128,988 US$2019: 43,802,531,450 US$2020: 156,304,790,382 US$2021: 347,939,058,570 US$2022: 397,441,055,518 US$2023: 281,370,712,669 US$2024: 360,434,152,109 US$2025: 371,579,588,642 US$
Change over the period: +339B (+1,025.73%) Average annual rate: 7.86 %
Trade balance — Northern Europe, by year Northern Europe All countries CSV XLSX
Year US$ Change Change, %
2025 372B +11.15B +3.09%
2024 360B +79.06B +28.1%
2023 281B −116B −29.2%
2022 397B +49.5B +14.23%
2021 348B +192B +122.6%
2020 156B +113B +256.84%
2019 43.8B −93.98B −68.21%
2018 138B +35.33B +34.49%
2017 102B +49.6B +93.85%
2016 52.85B −59.75B −53.07%
2015 113B +23.6B +26.51%
2014 89.01B −27.19B −23.4%
2013 116B −7.93B −6.39%
2012 124B −12.1B −8.88%
2011 136B +36.91B +37.16%
2010 99.32B +7.96B +8.71%
2009 91.37B −2.43B −2.59%
2008 93.79B +41B +77.66%
2007 52.79B −11.34B −17.68%
2006 64.13B +4.74B +7.98%
2005 59.39B +5.7B +10.62%
2004 53.69B +3.25B +6.45%
2003 50.44B +8.16B +19.3%
2002 42.28B −9.68B −18.63%
2001 51.96B −3.75B −6.73%
2000 55.71B +13.54B +32.11%
1999 42.17B +8.85B +26.56%
1998 33.32B −29.71B −47.13%
1997 63.03B −728M −1.14%
1996 63.76B +6.24B +10.85%
1995 57.52B +18.36B +46.88%
1994 39.16B +6.15B +18.64%
1993 33.01B

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.