Trade balance in Western Asia in 2024 — 102,344,377,405 US$. Since 1980, the indicator has risen by 23.6%.
1980–2024 · US$
How the value compares with the world and the groups this territory belongs to: Western Asia
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 102B | −112B | −52.3% |
| 2023 | 215B | −280B | −56.66% |
| 2022 | 495B | +217B | +77.9% |
| 2021 | 278B | +234B | +524.36% |
| 2020 | 44.57B | −211B | −82.56% |
| 2019 | 256B | −49.93B | −16.34% |
| 2018 | 306B | +171B | +127.81% |
| 2017 | 134B | +66.76B | +99.12% |
| 2016 | 67.35B | −9.32B | −12.16% |
| 2015 | 76.67B | −283B | −78.71% |
| 2014 | 360B | −97.34B | −21.28% |
| 2013 | 457B | −45.99B | −9.13% |
| 2012 | 503B | +83.23B | +19.81% |
| 2011 | 420B | +186B | +79.27% |
| 2010 | 234B | +116B | +97.93% |
| 2009 | 118B | −171B | −59.13% |
| 2008 | 290B | +115B | +65.91% |
| 2007 | 175B | −27.19B | −13.47% |
| 2006 | 202B | +38.47B | +23.55% |
| 2005 | 163B | +68.39B | +72% |
| 2004 | 94.99B | +26.44B | +38.56% |
| 2003 | 68.55B | +12.98B | +23.36% |
| 2002 | 55.57B | +701M | +1.28% |
| 2001 | 54.87B | −3.76B | −6.41% |
| 2000 | 58.63B | +38.29B | +188.2% |
| 1999 | 20.34B | +25.99B | +460.29% |
| 1998 | -5.65B | −22.9B | −132.73% |
| 1997 | 17.25B | +10.45B | +153.46% |
| 1996 | 6.81B | +5.21B | +326.66% |
| 1995 | 1.6B | −361M | −18.46% |
| 1994 | 1.96B | +27.11B | +107.78% |
| 1993 | -25.15B | −8.59B | −51.87% |
| 1992 | -16.56B | +8.44B | +33.75% |
| 1991 | -25B | −24.74B | −9,596.39% |
| 1990 | -258M | +7.57B | +96.71% |
| 1989 | -7.83B | −652M | −9.09% |
| 1988 | -7.18B | +2.47B | +25.59% |
| 1987 | -9.64B | +9.6B | +49.88% |
| 1986 | -19.24B | −7.47B | −63.45% |
| 1985 | -11.77B | +5.95B | +33.56% |
| 1984 | -17.72B | +3.6B | +16.87% |
| 1983 | -21.32B | −16.29B | −323.81% |
| 1982 | -5.03B | −55.41B | −109.98% |
| 1981 | 50.38B | −32.4B | −39.14% |
| 1980 | 82.79B | — | — |
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.