Balance of Trade by Country
Exports minus imports of goods and services. Latest values for 194 economies.
Among 194 countries, China has the highest balance of trade at $816.2B and United States the lowest at -$898.5B (latest available readings).
Balance of Trade by Region
Latest available reading (periods may differ by country). Choose a region or “All countries”.
Balance of Trade — All Countries
Sorted by latest value. Click headers to re-sort.
| # | Country | Last | Previous | Period |
|---|---|---|---|---|
| 1 |  China | $816.2B | $548.7B | 2025 |
| 2 | Ireland | $289.9B | $254.6B | 2025 |
| 3 | Singapore | $213.8B | $206.3B | 2025 |
| 4 | Netherlands | $149.5B | $134.0B | 2025 |
| 5 | Germany | $119.0B | $177.0B | 2025 |
| 6 | South Korea | $96.7B | $76.4B | 2025 |
| 7 | Switzerland | $93.3B | $116.9B | 2025 |
| 8 | Qatar | $87.2B | $44.3B | 2022 |
| 9 | United Arab Emirates | $76.6B | $93.9B | 2023 |
| 10 | Spain | $72.9B | $71.8B | 2025 |
| 11 | Russia | $69.1B | $93.9B | 2025 |
| 12 | Norway | $62.1B | $66.0B | 2025 |
| 13 | Denmark | $50.9B | $43.5B | 2025 |
| 14 | Italy | $49.3B | $49.5B | 2025 |
| 15 | Indonesia | $33.3B | $25.3B | 2025 |
| 16 | Vietnam | $31.7B | $30.7B | 2025 |
| 17 | Luxembourg | $31.5B | $29.7B | 2025 |
| 18 | Poland | $29.7B | $36.7B | 2025 |
| 19 | Kuwait | $28.2B | $32.0B | 2024 |
| 20 | Peru | $27.2B | $17.8B | 2025 |
| 21 | Malaysia | $26.2B | $22.5B | 2025 |
| 22 | Macao | $23.7B | $20.9B | 2025 |
| 23 | Czech Republic | $22.9B | $21.7B | 2025 |
| 24 | Thailand | $22.4B | $19.2B | 2025 |
| 25 | Saudi Arabia | $20.1B | $29.7B | 2025 |
| 26 | Oman | $18.5B | $17.8B | 2024 |
| 27 | Kazakhstan | $17.5B | $18.2B | 2024 |
| 28 | Chile | $14.8B | $11.5B | 2025 |
| 29 | Sweden | $14.2B | $18.3B | 2025 |
| 30 | Angola | $13.8B | $12.3B | 2025 |
| 31 | Austria | $13.8B | $13.5B | 2025 |
| 32 | Israel | $13.0B | $13.1B | 2025 |
| 33 | Hong Kong | $12.3B | $15.8B | 2025 |
| 34 | Hungary | $11.0B | $10.0B | 2025 |
| 35 | Australia | $10.6B | $36.9B | 2025 |
| 36 | Bahrain | $8.3B | $8.0B | 2024 |
| 37 | South Africa | $8.2B | $7.8B | 2025 |
| 38 | Brazil | $8.0B | $6.4B | 2025 |
| 39 | Iraq | $6.7B | $26.4B | 2024 |
| 40 | Costa Rica | $6.4B | $5.0B | 2025 |
| 41 | Gabon | $5.6B | $7.8B | 2025 |
| 42 | Malta | $5.3B | $4.8B | 2025 |
| 43 | Argentina | $5.1B | $16.4B | 2025 |
| 44 | Ivory Coast | $5.0B | $0.7B | 2025 |
| 45 | Venezuela | $4.8B | $8.7B | 2025 |
| 46 | Azerbaijan | $4.7B | $6.8B | 2025 |
| 47 | Ecuador | $4.6B | $4.4B | 2025 |
| 48 | Panama | $4.4B | $2.4B | 2024 |
| 49 | Puerto Rico (US) | $4.3B | $11.5B | 2025 |
| 50 | Slovenia | $4.3B | $4.5B | 2025 |
| 51 | Finland | $4.0B | $1.1B | 2025 |
| 52 | Uruguay | $3.8B | $4.1B | 2025 |
| 53 | Lithuania | $3.7B | $4.7B | 2025 |
| 54 | Portugal | $3.2B | $6.2B | 2025 |
| 55 | Brunei | $2.9B | $2.4B | 2025 |
| 56 | Libya | $2.8B | $2.9B | 2025 |
| 57 | Bermuda | $2.8B | $2.4B | 2024 |
| 58 | Chad | $2.7B | $2.2B | 2025 |
| 59 | Cyprus | $2.3B | $1.4B | 2025 |
| 60 | Equatorial Guinea | $2.3B | $2.1B | 2025 |
| 61 | Zambia | $1.9B | $1.0B | 2024 |
| 62 | Mongolia | $1.4B | -$0.2B | 2025 |
| 63 | Burkina Faso | $1.4B | -$0.8B | 2025 |
| 64 | Ghana | $1.0B | -$0.7B | 2024 |
| 65 | South Sudan | $0.9B | $1.7B | 2015 |
| 66 | Cayman Islands | $0.8B | $1.4B | 2020 |
| 67 | Republic of the Congo | $0.7B | $1.9B | 2025 |
| 68 | Cuba | $0.7B | $1.7B | 2020 |
| 69 | Djibouti | $0.7B | $0.5B | 2025 |
| 70 | San Marino | $0.6B | $0.4B | 2023 |
| 71 | Suriname | $0.6B | $0.0B | 2010 |
| 72 | Cambodia | $0.6B | -$0.3B | 2025 |
| 73 | Papua New Guinea | $0.5B | $0.5B | 2004 |
| 74 | Estonia | $0.5B | $0.1B | 2025 |
| 75 | Turkmenistan | $0.4B | $2.8B | 2025 |
| 76 | Aruba | $0.3B | $0.2B | 2024 |
| 77 | Faroe Islands | $0.1B | $0.0B | 2024 |
| 78 | Belize | $0.0B | $0.1B | 2024 |
| 79 | Eswatini | $0.0B | -$0.1B | 2024 |
| 80 | Maldives | -$0.0B | -$0.1B | 2024 |
| 81 | Naoero | -$0.1B | -$0.1B | 2025 |
| 82 | Sudan | -$0.1B | -$0.3B | 2025 |
| 83 | Palau | -$0.1B | -$0.2B | 2024 |
| 84 | Marshall Islands | -$0.1B | -$0.1B | 2025 |
| 85 | Antigua and Barbuda | -$0.2B | -$0.1B | 2022 |
| 86 | Sao Tome and Principe | -$0.2B | -$0.1B | 2025 |
| 87 | Samoa | -$0.2B | -$0.2B | 2025 |
| 88 | Guyana | -$0.2B | -$0.1B | 2005 |
| 89 | Eritrea | -$0.2B | -$0.4B | 2011 |
| 90 | Slovakia | -$0.2B | -$0.3B | 2025 |
| 91 | Micronesia | -$0.2B | -$0.2B | 2025 |
| 92 | American Samoa | -$0.3B | -$0.4B | 2022 |
| 93 | Tonga | -$0.3B | -$0.3B | 2024 |
| 94 | Vanuatu | -$0.3B | -$0.3B | 2024 |
| 95 | Seychelles | -$0.3B | -$0.3B | 2025 |
| 96 | Kiribati | -$0.3B | -$0.3B | 2024 |
| 97 | Nigeria | -$0.3B | – | 1960 |
| 98 | Guinea-Bissau | -$0.3B | -$0.3B | 2025 |
| 99 | Greenland | -$0.3B | -$0.4B | 2023 |
| 100 | Cape Verde | -$0.3B | -$0.3B | 2025 |
| 101 | Comoros | -$0.4B | -$0.4B | 2025 |
| 102 | Central African Republic | -$0.4B | -$0.5B | 2025 |
| 103 | DR Congo | -$0.5B | -$2.2B | 2025 |
| 104 | Solomon Islands | -$0.5B | -$0.4B | 2024 |
| 105 | US Virgin Islands | -$0.5B | $0.0B | 2022 |
| 106 | Niger | -$0.5B | -$1.3B | 2025 |
| 107 | Northern Mariana Islands | -$0.5B | -$0.6B | 2022 |
| 108 | Sierra Leone | -$0.5B | -$0.4B | 2025 |
| 109 | Bhutan | -$0.5B | -$0.8B | 2024 |
| 110 | Bahamas | -$0.6B | -$0.1B | 2024 |
| 111 | Fiji | -$0.6B | -$0.6B | 2024 |
| 112 | Benin | -$0.7B | -$0.6B | 2025 |
| 113 | Iceland | -$0.9B | -$0.4B | 2025 |
| 114 | Curacao | -$0.9B | -$0.6B | 2018 |
| 115 | Tanzania | -$0.9B | -$1.5B | 2025 |
| 116 | Gambia | -$1.0B | -$0.6B | 2025 |
| 117 | Paraguay | -$1.0B | -$0.7B | 2025 |
| 118 | Togo | -$1.0B | -$1.0B | 2023 |
| 119 | Botswana | -$1.1B | -$2.9B | 2025 |
| 120 | Bulgaria | -$1.4B | $2.8B | 2025 |
| 121 | Laos | -$1.4B | -$2.6B | 2016 |
| 122 | Timor-Leste | -$1.4B | -$0.9B | 2024 |
| 123 | Mali | -$1.4B | -$1.4B | 2025 |
| 124 | Lesotho | -$1.4B | -$1.3B | 2025 |
| 125 | New Caledonia | -$1.5B | -$1.7B | 2024 |
| 126 | Mauritius | -$1.6B | -$1.7B | 2025 |
| 127 | Armenia | -$1.6B | -$0.7B | 2025 |
| 128 | Mauritania | -$1.7B | -$1.2B | 2025 |
| 129 | Albania | -$1.7B | -$1.9B | 2025 |
| 130 | French Polynesia | -$1.8B | -$1.4B | 2024 |
| 131 | Belarus | -$1.8B | -$1.5B | 2025 |
| 132 | Georgia | -$2.2B | -$2.7B | 2025 |
| 133 | Rwanda | -$2.2B | -$2.2B | 2025 |
| 134 | Latvia | -$2.2B | -$0.7B | 2025 |
| 135 | Zimbabwe | -$2.2B | -$2.2B | 2024 |
| 136 | Bolivia | -$2.3B | -$2.5B | 2024 |
| 137 | Senegal | -$2.3B | -$5.6B | 2025 |
| 138 | Madagascar | -$2.3B | -$1.7B | 2025 |
| 139 | Montenegro | -$2.4B | -$1.9B | 2025 |
| 140 | North Macedonia | -$2.6B | -$2.2B | 2025 |
| 141 | Malawi | -$2.7B | -$2.2B | 2025 |
| 142 | Namibia | -$2.9B | -$3.5B | 2025 |
| 143 | Nicaragua | -$2.9B | -$3.4B | 2025 |
| 144 | Mozambique | -$3.2B | -$2.3B | 2025 |
| 145 | New Zealand | -$3.3B | -$6.7B | 2024 |
| 146 | Turkey | -$3.8B | $7.3B | 2025 |
| 147 | Kosovo | -$3.8B | -$3.4B | 2025 |
| 148 | Guam | -$3.9B | -$3.5B | 2022 |
| 149 | Haiti | -$4.1B | -$3.5B | 2025 |
| 150 | Sri Lanka | -$4.2B | -$2.6B | 2025 |
| 151 | Cameroon | -$4.2B | -$1.6B | 2025 |
| 152 | Bosnia and Herzegovina | -$4.3B | -$4.0B | 2025 |
| 153 | Serbia | -$4.3B | -$4.1B | 2025 |
| 154 | Uganda | -$4.5B | -$4.9B | 2025 |
| 155 | Tunisia | -$4.7B | -$3.2B | 2025 |
| 156 | Syria | -$5.2B | -$4.3B | 2022 |
| 157 | Tajikistan | -$5.3B | -$3.8B | 2024 |
| 158 | Croatia | -$5.3B | -$4.3B | 2025 |
| 159 | Dominican Republic | -$5.4B | -$7.8B | 2025 |
| 160 | Palestine | -$5.5B | -$4.9B | 2025 |
| 161 | Guinea | -$5.9B | -$3.7B | 2025 |
| 162 | Moldova | -$5.9B | -$4.7B | 2025 |
| 163 | Jordan | -$6.4B | -$5.1B | 2007 |
| 164 | Kenya | -$8.1B | -$7.6B | 2025 |
| 165 | Yemen | -$8.3B | -$6.3B | 2018 |
| 166 | Honduras | -$8.5B | -$8.8B | 2025 |
| 167 | Ethiopia | -$8.7B | -$9.5B | 2025 |
| 168 | Kyrgyzstan | -$8.8B | -$6.6B | 2025 |
| 169 | El Salvador | -$8.8B | -$7.1B | 2025 |
| 170 | Somalia, Fed. Rep. | -$9.0B | -$8.1B | 2025 |
| 171 | Lebanon | -$9.2B | -$8.7B | 2024 |
| 172 | Afghanistan | -$9.3B | -$5.9B | 2024 |
| 173 | Nepal | -$11.3B | -$10.9B | 2025 |
| 174 | Mexico | -$11.6B | -$15.7B | 2025 |
| 175 | Greece | -$12.7B | -$14.2B | 2025 |
| 176 | France | -$13.7B | -$10.4B | 2025 |
| 177 | Belgium | -$14.6B | -$2.6B | 2025 |
| 178 | Algeria | -$15.2B | -$1.2B | 2025 |
| 179 | Morocco | -$16.7B | -$13.2B | 2025 |
| 180 | Guatemala | -$19.0B | -$17.6B | 2025 |
| 181 | Uzbekistan | -$19.6B | -$17.5B | 2025 |
| 182 | Canada | -$19.6B | -$4.2B | 2025 |
| 183 | Romania | -$22.5B | -$23.0B | 2025 |
| 184 | Colombia | -$24.7B | -$17.5B | 2025 |
| 185 | Bangladesh | -$26.1B | -$26.4B | 2025 |
| 186 | Pakistan | -$29.4B | -$25.3B | 2025 |
| 187 | Iran | -$31.7B | -$23.6B | 2025 |
| 188 | Japan | -$37.4B | -$64.7B | 2024 |
| 189 | Egypt | -$42.7B | -$26.6B | 2025 |
| 190 | United Kingdom | -$50.6B | -$26.9B | 2025 |
| 191 | Ukraine | -$56.8B | -$38.8B | 2025 |
| 192 | Philippines | -$66.7B | -$66.4B | 2025 |
| 193 | India | -$68.9B | -$67.3B | 2025 |
| 194 | United States | -$898.5B | -$786.5B | 2024 |
Balance of Trade around the world — in simple words
Overview
Balance of Trade is available for 184 economies with recent data. The median value is -$0.3B and the simple average is $5.9B.
Highest: China ($816.2B), Ireland ($289.9B), Singapore ($213.8B), Netherlands ($149.5B), Germany ($119.0B).
Lowest: United States (-$898.5B), India (-$68.9B), Philippines (-$66.7B), Ukraine (-$56.8B), United Kingdom (-$50.6B).
Major economies
Among the 19 major economies tracked here, China ($816.2B) has the highest reading and United States (-$898.5B) the lowest. Their median is $10.6B.
Balance of Trade — Regional Medians
Median of the latest readings of countries in each World Bank region. The median is the middle value — half the countries are above it and half below.
| Region | Countries | Median |
|---|---|---|
| East Asia & Pacific | 32 | -$0.2B |
| Europe & Central Asia | 52 | -$0.1B |
| Latin America & Caribbean | 27 | $0.0B |
| Middle East, North Africa, Afghanistan & Pakistan | 21 | $0.7B |
| North America | 3 | -$19.6B |
| South Asia | 6 | -$7.8B |
| Sub-Saharan Africa | 43 | -$0.7B |
Understanding Balance of Trade — a simple guide
What it measures
Exports of goods and services minus imports, in current US dollars.
How it is calculated
Balance of trade = exports of goods and services − imports of goods and services, measured in US dollars.
If a country exports $500 billion and imports $570 billion, its balance of trade is −$70 billion (a trade deficit).
A surplus means the country sells more to the world than it buys, bringing in foreign currency.
A deficit means it buys more than it sells. Deficits are common in fast-growing economies that import energy and machinery.
Why it matters for the economy and markets
A persistent surplus or deficit affects currency demand, foreign-exchange reserves and the current account.
How to read it
A deficit is not inherently negative — fast-growing economies often import capital goods. Read it together with the current account and capital flows.
What to look at alongside it
The current account, exchange rate, oil prices and foreign investment flows.
Key terms
- Trade surplus
- Exports greater than imports.
- Trade deficit
- Imports greater than exports.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What does balance of trade measure?
Which country has the highest balance of trade?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.