This statistic shows the 20 countries with the highest trade surplus worldwide in 2023. In 2023, China was the country with the highest trade surplus with approximately 823.22 billion U.S. dollars. The leading trade nations Typically a trade surplus indicates a sign of economic success and a trade deficit indicates an economic weakness. However, if that were true, then the top four, China, Germany, Russia and Ireland, would be considered the best performing countries in the world. However, this would mean that the United States, Great Britain, India and France would be among the weakest nations considering that they are four countries with the highest trade deficit. In fact, they are leading industrial nations. While China is known for producing and exporting products at a competitive price, it has undervalued its exchange rate in order to promote exports. However, China is now working to reduce its reliance on exports even though they continue to export large and increasing quantities of goods. In the case of Germany, the value of the euro may not be high enough, however growth concerning the value of exports has slowed over the past few years. In contrast, the value of the dollar in the United States may be too high, favoring imports as opposed to exports.
The statistic shows the 20 countries with the highest public surplus in 2023 in relation to the gross domestic product (GDP). In 2023, Kuwait ranked 1st of the countries with the highest public surplus with an estimated surplus of around 29.44 percent of the gross domestic product.
The U.S. goods trade deficit with China increased by nearly 20 billion U.S. dollars in 2024, as China still had the biggest impact on U.S. bilateral trade. This is according to seasonally adjusted trade date from within the United States. Following the results of the U.S. elections in 2024, discussions surfaced on the potential of tariffs for countries that have a large trade surplus with the United States. The president-elect stated that trade tariffs of 60 percent and 25 percent might be implemented for goods from China or Mexico, respectively. The effects of such measures on the forecast GDP growth across the world were not yet clear. In Europe, however, Germany might be the most affected economy when the U.S. does implement tariffs.
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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 are in current U.S. dollars.
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European Net Operating Surplus in Rental and Leasing Services by Country, 2023 Discover more data with ReportLinker!
The European Union's balance of trade in goods is driven by a few of its largest economies. Germany, the EU's pre-eminent economic power, has run a large trade surplus with countries outside the EU over the past two decades, with this surplus more than doubling after the global financial crisis and great recession. Italy also emerged as a large net exporter over the 2010s, along with Ireland, Sweden and France. On the other hand, the Netherlands has by far run the largest trade deficit with non-EU countries among the bloc. Other notable net goods importers among the EU member states include Spain and Poland.
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This dataset provides values for CASH SURPLUS DEFICIT PERCENT OF GDP WB DATA.HTML. reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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This dataset provides values for CASH SURPLUS DEFICIT PERCENT OF GDP WB DATA.HTML. reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
The statistic shows the trade balance of goods (exports minus imports of goods) in the ASEAN countries in Asia from 2013 to 2023. A positive value means a trade surplus, a negative trade balance means a trade deficit. The ASEAN (Association of Southeast Asian Nations) countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. In 2023, the trade surplus of goods in Brunei amounted to about 2.77 billion U.S. dollars.
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The average for 2023 based on 38 countries was 17.57 billion U.S. dollars. The highest value was in China: 386.06 billion U.S. dollars and the lowest value was in India: -86.33 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
In December 2024, the trade surplus in China amounted to approximately 104.84 billion U.S. dollars. A positive value implies a trade surplus, a negative trade balance implies a trade deficit. International trade in China China surpassed the United States as the worlds’ largest goods trading economy in 2013. Despite the impacts of the global coronavirus pandemic, the total value of China’s imports and exports amounted to more than 6.1 trillion U.S. dollars in 2024.China has become a vital trade partner for many economies. In 2023, over 427 billion U.S. dollars worth of the United States’ imports originated in China, making China its second-largest import partner. A trade surplus occurs when exports of a country exceed its imports. It leads to a net inflow of domestic currency from foreign countries. The trade balance is a major growth factor for an economy. Because of running a large trade surplus, China holds a vast amount of foreign exchange reserves. Foreign exchange reserves may be viewed as a sign of national strength, but also represent a form of forced savings on the people. China was the country with the highest trade surplus of approximately 823.22 billion U.S. dollars as of 2023.
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This dataset provides values for CURRENT ACCOUNT reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
The dataset ‘Interest Group Preferences in Surplus Countries – Germany, Austria, and the Netherlands’ provides a wide range of information on interest group positions on economic and social policy issues during the Eurozone crisis. The data was collected via an online survey to interest group populations in Germany, Austria, and the Netherlands between October 2016 and September 2017.
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European Net Operating Surplus in Education by Country, 2023 Discover more data with ReportLinker!
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Key information about China's Trade Balance
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Global Net Operating Surplus Share in Financial Corporations by Country, 2023 Discover more data with ReportLinker!
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Graph and download economic data for Cash surplus/deficit (% of GDP) for Developing Countries in Europe and Central Asia (GCBALCASHGDZSECA) from 1990 to 2014 about Central Asia, cash, budget, Europe, and GDP.
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Germany recorded a trade surplus of 16 EUR Billion in January of 2025. This dataset provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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European Net Operating Surplus in Audiovisual and Broadcasting by Country, 2023 Discover more data with ReportLinker!
As of 2024, the United States had a trade deficit of about 918 billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.
This statistic shows the 20 countries with the highest trade surplus worldwide in 2023. In 2023, China was the country with the highest trade surplus with approximately 823.22 billion U.S. dollars. The leading trade nations Typically a trade surplus indicates a sign of economic success and a trade deficit indicates an economic weakness. However, if that were true, then the top four, China, Germany, Russia and Ireland, would be considered the best performing countries in the world. However, this would mean that the United States, Great Britain, India and France would be among the weakest nations considering that they are four countries with the highest trade deficit. In fact, they are leading industrial nations. While China is known for producing and exporting products at a competitive price, it has undervalued its exchange rate in order to promote exports. However, China is now working to reduce its reliance on exports even though they continue to export large and increasing quantities of goods. In the case of Germany, the value of the euro may not be high enough, however growth concerning the value of exports has slowed over the past few years. In contrast, the value of the dollar in the United States may be too high, favoring imports as opposed to exports.