Deficit: $63.1 Billion Exports: $182.0 Billion Imports: $245.1 Billion. Quarterly volumes of foreign trade in services by EU countries in 201 9. The trade balance is a country's imports and exports of goods and services. Contact the International Trade Macro Analysis Branch: Email us! as listed in the CIA World Factbook. Census Bureau Foreign Trade Statistics. Trade (% of GDP) from The World Bank: Data. Country CAB (million US dollars) Year 1 United States-466,200: 2017 EST. Such depleting foreign exchange reserve results in shorter import cover for the country. View international trade statistics by country or region to obtain the following (i) country or region's overall exports, imports and tariffs (i) details of exports and imports with various partner countries along with partner share and Most Favored Nation (MFN) and Effective Applied Tariff (AHS) tariffs imposed. Germany - $188 billion traded with a $67 billion deficit 9. A current account is in balance when the country's residents have enough to fund all purchases in the country. [1], This table shows the account balance of both the Euro Area and the European Union as a whole, according to data from Eurostat (in EUR). The trade balance is identical to the difference between a country's output and its domestic demand (the difference between what goods a country produces and how many goods it buys from abroad; this does not include money re-spent on foreign stock, nor does it factor in the concept of importing goods to produce for the domestic market). Net trade in goods and services (BoP, current US$) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). This statistic shows the 20 countries with the highest trade surplus worldwide in 2019. Trade (% of GDP) from The World Bank: Data. Note: FY2000-01 referred as 2001. This dataset covers Value of Imports of Merchandise Into India By Principal Countries of Consignment and Value of Exports of Merchandise (Indian Produce And Manufactures) From India by Principal Countries of Destination. Quarterly volumes of foreign trade in services (structure) by EU countries in 2019. Note: FY2000-01 referred as 2001. United Kingdom: -$163.3 billion (down -18.5%) 10. Quarterly volumes of foreign trade in services by EU countries in 201 9. Key Takeaways 5. This is a list of the 18 countries and territories with the largest surplus in current account balance (CAB), based on data from 2017 est. Current account balance compares a country's net trade in goods and services, plus net earnings, and net transfer payments to and from the rest of the world during the period specified. In addition, it has Summary Merchandise Trade By Revised Economic Regions. 1. Germany: $274.9 billion (up 23.9%) 6. 2018 Imports and Exports of goods by top 20 Countries (Billions of USD) No. Debt/GDP Statistics by Country ... USA Trade Goods by Country. United Kingdom: -$163.3 billion (down -18.5%) 10. U.S. trade balance for 2017 was $-575.34B, a 10.9% increase from 2016. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Transactions between Canada and its main trading partners, including imports and exports of goods and services, direct investment inflows and outflows, and the current account balance. Top Trading Partners 5. Next release: January 7, 2021 Complete Release Schedule 2020 : U.S. trade in goods with World, Seasonally Adjusted . That was $2.5 trillion in exports and $3.1 trillion in imports of both goods and services. This dataset covers Value of Imports of Merchandise Into India By Principal Countries of Consignment and Value of Exports of Merchandise (Indian Produce And Manufactures) From India by Principal Countries of Destination. Trade Map covers yearly trade data for 220 countries and territories and all 5,300 products of the Harmonized System. Merchandise Trade summary statistics data for United States (USA) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year Details may not equal totals due to rounding. The developing countries are sometimes facing the problems of depleting foreign exchange reserves as a result of growing volume of imports and continuous balance of payment crisis. Quarterly volumes of foreign trade by types of services. The World Bank's World Integrated Trade Solution also provides their own list of top exporting countries… 2 … 1. Exports, Imports and Trade Balance by Country, Monthly totals, 1985 - Present. Japan - $218 billion traded with a $69 billion deficit 8. Since GDP is only the value added domestically, it may happen that small countries export more than is produced in the country and/or import more than is consumed in the country and the external trade rate is thus over 100%. The world aggregation represents the sum of reporting and non reporting countries. The deficit increased from $62.1 billion in September (revised) to $63.1 billion in October, as imports increased more than exports. Quarterly volumes of foreign trade by types of services. [4], Top 18 economies with the largest surplus, Top 20 countries with the largest deficit, List of countries by leading trade partners, "The World Factbook — Central Intelligence Agency", "United Kingdom Current Account Balance | Moody's Analytics", "FY19 CAD inches up to 2.1%, but more than halves in Q4: RBI", "Eurostat - Tables, Graphs and Maps Interface (TGM) table", List of top international rankings by country, https://en.wikipedia.org/w/index.php?title=List_of_countries_by_current_account_balance&oldid=989850400, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 21 November 2020, at 11:38. Current account balance compares a country's net trade in goods and services, plus net earnings, and net transfer payments to and from the rest of the world during the period specified. Merchandise exports. Monthly and quarterly trade data is also available at the tariff line level for around 110 countries, and annually for an additional 50. The foreign trade balance showed a surplus of 19.4 billion euros in October 2020. Total Imports/exports includes other countries also. In addition, it has Summary Merchandise Trade By Revised Economic Regions. Looking forward, we estimate Balance of Trade in the United States to stand at -50000.00 in 12 months time. Balance of Trade in Germany averaged 5522.33 EUR Million from 1950 until 2020, reaching an all time high of 25455.63 EUR Million in March of 2016 and a record low of -535.91 EUR Million in April of 1991. Dynamics of foreign trade in services by countries of the wor ld (2000-2019) Dynamics of foreign trade by types of service s (2000-2019) Bulgaria recorded a trade deficit of 650.50 BGN Million in October of 2020. Trade Balance by Country. Merchandise Trade summary statistics data for United States (USA) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year The current account balance of payments is a record of a country's international transactions with the rest of the world. Quarterly volumes of foreign trade in services (structure) by EU countries in 2019. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data on Italy’s foreign trade with non-EU27 countries in November 2020 are preliminary. This was the largest trade surplus since at least 1981, as exports jumped to an all-time high amid improving global demand. Ethiopia. Mexico's exports of goods to … The U.S. monthly international trade deficit increased in October 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. Trade Map covers yearly trade data for 220 countries and territories and all 5,300 products of the Harmonized System. In the long-term, the United States Balance of Trade is projected to trend around -63000.00 USD Million in 2021 and -53000.00 USD Million in 2022, according to our econometric models. These figures are calculated on an exchange rate basis. Census Bureau Foreign Trade Statistics. These figures are calculated on an exchange rate basis. "Exports of goods and services (% of GDP) | Data", "Imports of goods and services (% of GDP) | Data", List of top international rankings by country, https://en.wikipedia.org/w/index.php?title=List_of_countries_by_trade-to-GDP_ratio&oldid=975120364, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 26 August 2020, at 20:55. In November 2020 exports to non-EU27 countries increased by 1.4% and imports decreased by 6.8% compared with the same month of the previous year. Richest European Surplus/Deficit. Russia: $161.1 billion (down -23.6%) 9. Italy. Country Index; Download Full Dataset (XLS - 2.5 MB) Top Trading Partners, 2004 - Present. Population; Economy; Trade; Health; Education; Development; … Translations of the phrase FOREIGN TRADE BALANCE from english to french and examples of the use of "FOREIGN TRADE BALANCE" in a sentence with their translations: foreign trade balance in … Key Takeaways Call us: (301)763-2311 or 1-800-549-0595 option 4 [PDF] or denotes a file in Adobe’s Portable Document Format . or use our feedback form! Trade surplus by country 2015. Total Imports/exports includes other countries also. This is a list of countries by merchandise exports, based on UN COMTRADE and ITC statistics.. Richest Research Sources. In 2019, the total U.S. trade with foreign countries was $5.6 trillion. [1], This is a list of the 20 countries and territories with the largest deficit in current account balance (CAB), based on data from 2017 est. Table reflects only those months for which there was trade. In 2019, China was the country with the highest trade surplus with approximately 421.9 billion U.S. dollars. or use our feedback form! Richest European Surplus/Deficit. This page displays a table with actual values, consensus figures, forecasts, statistics and … This is a list of countries by current account balance. Country / Region Total trade Exports Imports Trade balance Total: 4,107.1: 2,263.3: 1,843.7: 419.6 1 Russia: $161.1 billion (down -23.6%) 9. China's trade surplus widened to USD 75.42 billion in November 2020 from USD 37.18 billion in the same month the previous year, and far above market expectations of USD 53.5 billion. This page provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Debt/GDP Statistics by Country ... USA Trade Goods by Country. The current account also measures international transfers of capital . This dataset covers Value of Imports of Merchandise Into India By Principal Countries of Consignment and Value of Exports of Merchandise (Indian Produce And Manufactures) From India by Principal Countries of Destination. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The results of the survey on total foreign trade in November 2020 will be disseminated on coming 19 January 2021. Ghana. as listed in the CIA World Factbook. Note: FY2000-01 referred as 2001. China - $559 billion traded with a $346 billion deficit 7. Contact the International Trade Macro Analysis Branch: Email us! In 2019, the total U.S. trade with foreign countries was $5.6 trillion. The chart below shows the trade for the top five U.S. trading partners as of 2019. Germany: $274.9 billion (up 23.9%) 6. A country's balance of trade is defined by its net exports (exports minus imports) and is thus influenced by all the factors that affect international trade. Trade surplus by country 2015. Find Out Monthly and quarterly trade data is also available at the tariff line level for around 110 countries, and annually for an additional 50. Data are in current U.S. dollars. Balance of Trade in Bulgaria averaged -658.03 BGN Million from 2000 until 2020, reaching an all time high of 98.50 BGN Million in July of 2017 and a record low of -2106.20 BGN Million in October of 2008. Richest Research Sources. In addition, it has Summary Merchandise Trade By Revised Economic Regions. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Partner Country (no product detail) Trade in Goods by Country. Total Imports/exports includes other countries also. That was $2.5 trillion in exports and $3.1 trillion in imports of both goods and services. In October 2019, the surplus amounted to 21.3 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 18.2 billion euros in October 2020. Countries sorted by exports, imports and total trade (external trade rate) of goods and services as a share of the gross domestic product of the same year. Total Imports/exports includes other countries also. In addition, it has Summary Merchandise Trade By Revised Economic Regions. Dynamics of foreign trade in services by countries of the wor ld (2000-2019) Dynamics of foreign trade by types of service s (2000-2019) This dataset covers Value of Imports of Merchandise Into India By Principal Countries of Consignment and Value of Exports of Merchandise (Indian Produce And Manufactures) From India by Principal Countries of Destination. The following list sorts countries and territories by their trade-to-GDP ratio according to data by the world bank. Country Exports of goods and services (% of GDP) (export ratio) Imports of goods and services (% of GDP) (import ratio) Imports and Exports (% of GDP) (trade-to-GDP ratio) Year Luxembourg: 230.0 % 194.0 % 424.0 % 2017 Hong Kong: 188.0 % 187.1 % 375.1 % 2017 Singapore: 173.3 % 149.1 % 322.4 % 2017 Malta: 136.1 % 125.4 % 261.5 % 2016 U.S. trade balance for 2018 was $-638.21B, a 10.93% increase from 2017. From January to November 2019, the United States was Mexico's main trading partner based on foreign trade balance. The foreign trade balance between the 28 European Union countries and Mercosur's full members (Argentina, Brazil, Paraguay and Uruguay) has been in favor of the EU since 2012. The current account includes all the transactions (other than those in financial items) that involve economic values and occur between resident and non-resident entities. October 2020 Trade in Goods and Services. Note: FY2000-01 referred as 2001. Call us: (301)763-2311 or 1-800-549-0595 option 4 [PDF] or denotes a file in Adobe’s Portable Document Format .