Trade balance — all countries

Trade balance — World

Trade balance in the world in 2024 — 863,106,128,501 US$. Since 1991, the indicator has risen by 3,990.2%.

2024 863B US$ +22.51% vs 2023
World rank
Period maximum 863B US$2024
Period minimum -27.18B US$2001

Trend over time

1991–2024 · US$

Trade balance — World, 1991–2024-250B0250B500B750B1T1991199519992003200720112015201920231991: -22,186,946,795 US$1992: 81,713,689,298 US$1993: 102,515,326,959 US$1994: 114,726,589,610 US$1995: 133,069,745,620 US$1996: 108,512,069,784 US$1997: 154,714,498,010 US$1998: 125,936,221,792 US$1999: 71,429,909,756 US$2000: -6,184,420,632 US$2001: -27,175,553,756 US$2002: 40,389,258,459 US$2003: 41,617,010,903 US$2004: 90,085,607,761 US$2005: 128,032,953,935 US$2006: 237,551,905,322 US$2007: 358,994,026,930 US$2008: 341,545,066,899 US$2009: 363,306,974,643 US$2010: 501,562,719,026 US$2011: 599,419,491,198 US$2012: 691,363,046,370 US$2013: 733,459,182,059 US$2014: 688,777,723,615 US$2015: 530,856,742,918 US$2016: 527,487,030,763 US$2017: 566,694,487,057 US$2018: 556,356,053,393 US$2019: 468,037,297,604 US$2020: 504,660,524,656 US$2021: 853,065,382,455 US$2022: 749,369,833,733 US$2023: 704,528,288,770 US$2024: 863,106,128,501 US$
Change over the period: +885B (+3,990.15%)

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: World

World 863B US$
World computed 863B US$
Trade balance — World, by year World All countries CSV XLSX
Year US$ Change Change, %
2024 863B +159B +22.51%
2023 705B −44.84B −5.98%
2022 749B −104B −12.16%
2021 853B +348B +69.04%
2020 505B +36.62B +7.82%
2019 468B −88.32B −15.87%
2018 556B −10.34B −1.82%
2017 567B +39.21B +7.43%
2016 527B −3.37B −0.63%
2015 531B −158B −22.93%
2014 689B −44.68B −6.09%
2013 733B +42.1B +6.09%
2012 691B +91.94B +15.34%
2011 599B +97.86B +19.51%
2010 502B +138B +38.05%
2009 363B +21.76B +6.37%
2008 342B −17.45B −4.86%
2007 359B +121B +51.12%
2006 238B +110B +85.54%
2005 128B +37.95B +42.12%
2004 90.09B +48.47B +116.46%
2003 41.62B +1.23B +3.04%
2002 40.39B +67.56B +248.62%
2001 -27.18B −20.99B −339.42%
2000 -6.18B −77.61B −108.66%
1999 71.43B −54.51B −43.28%
1998 126B −28.78B −18.6%
1997 155B +46.2B +42.58%
1996 109B −24.56B −18.45%
1995 133B +18.34B +15.99%
1994 115B +12.21B +11.91%
1993 103B +20.8B +25.46%
1992 81.71B +104B +468.3%
1991 -22.19B

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.