The average for 2023 based on 148 countries was 4.81 billion U.S. dollars. The highest value was in China: 386.06 billion U.S. dollars and the lowest value was in the USA: -784.89 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

In 2023, China was the country with the highest trade surplus, with approximately ****** 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.

Graph and download economic data for Trade Balance: Goods and Services, Balance of Payments Basis (BOPGSTB) from Jan 1992 to May 2025 about BOP, balance, headline figure, trade, goods, services, and USA.

International merchandise trade data grouped by Principal Trading Partners (PTP). Users have the option of selecting Imports, Exports, or Trade Balance. Data are unadjusted and seasonally adjusted, and are on a Customs and Balance of Payments basis.

Colombia Trade Balance: Country: China data was reported at -12.391 USD bn in 2024. This records a decrease from the previous number of -10.369 USD bn for 2023. Colombia Trade Balance: Country: China data is updated yearly, averaging -3.517 USD bn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of -58.653 USD mn in 1995 and a record low of -13.176 USD bn in 2022. Colombia Trade Balance: Country: China data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.JA002: Trade Balance: Annual.

As of 2024, the United States had a trade deficit of about *** 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 dataset provides values for BALANCE OF TRADE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

China trade balance for 2023 was 386.04 billion US dollars, a 33.19% decline from 2022.

<ul style='margin-top:20px;'>

<li>China trade balance for 2022 was <strong>577.85 billion US dollars</strong>, a <strong>25.39% increase</strong> from 2021.</li>
<li>China trade balance for 2021 was <strong>460.83 billion US dollars</strong>, a <strong>29.76% increase</strong> from 2020.</li>
<li>China trade balance for 2020 was <strong>355.15 billion US dollars</strong>, a <strong>167.45% increase</strong> from 2019.</li>
</ul>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.

Key information about Egypt's Trade Balance

• Egypt's Trade Balance recorded a deficit of 4.2 USD bn in Dec 2024, compared with a deficit of 3.7 USD bn in the previous month
• Egypt's Trade Balance data is updated monthly, available from Jan 1957 to Dec 2024, with an averaged value of -573.1 USD mn
• The data reached an all-time high of 180.9 USD mn in Sep 1980 and a record low of -5.2 USD bn in Jul 2018

CEIC extends history for monthly Trade Balance. Central Agency for Public Mobilization and Statistics provides Trade Balance in USD. Trade Balance prior to July 1994 is sourced from the International Monetary Fund.

Further information about Egypt's Trade Balance

• In the latest reports, Egypt's Total Exports reached 4.0 USD bn in Dec 2024, an increase of 11.3% YoY (year-on-year)
• Total Imports recorded 8.1 USD bn in Dec 2024, an increase of 11.3% YoY (year-on-year)

Hong Kong recorded a trade deficit of 27325 HKD Million in May of 2025. This dataset provides the latest reported value for - Hong Kong Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

China recorded a trade surplus of 103.22 USD Billion in May of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the United States reported the highest trade balance deficit with approximately **** trillion U.S. dollars.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Japan (XTNTVA01JPQ664S) from Q1 1955 to Q1 2025 about Japan, trade, Net, and goods.

Goods Trade Balance in the United States decreased to -96590 USD Million in May from -86970 USD Million in April of 2025. This dataset provides - United States Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Japan trade balance for 2023 was -64.81 billion US dollars, a 59.5% decline from 2022.

<ul style='margin-top:20px;'>

<li>Japan trade balance for 2022 was <strong>-160.05 billion US dollars</strong>, a <strong>510.73% increase</strong> from 2021.</li>
<li>Japan trade balance for 2021 was <strong>-26.21 billion US dollars</strong>, a <strong>92.87% increase</strong> from 2020.</li>
<li>Japan trade balance for 2020 was <strong>-13.59 billion US dollars</strong>, a <strong>8.25% decline</strong> from 2019.</li>
</ul>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.

Russia recorded a trade surplus of 8720 USD Million in May of 2025. This dataset provides - Russia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The United Kingdom recorded a trade deficit of 5699 GBP Million in May of 2025. This dataset provides - United Kingdom Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Brazil's Trade Balance

• Brazil's Trade Balance recorded a deficit of 323.7 USD mn in Feb 2025, compared with a surplus of 2.3 USD bn in the previous month
• Brazil's Trade Balance data is updated monthly, available from Jan 1959 to Feb 2025, with an averaged value of 195.6 USD mn
• The data reached an all-time high of 11.0 USD bn in May 2023 and a record low of -4.5 USD bn in Jan 2014

Special Secretariat for Foreign Trade and International Affairs provides monthly Trade Balance in USD.

Further information about Brazil's Trade Balance

• In the latest reports, Brazil's Total Exports reached 22.9 USD bn in Feb 2025, a decrease of 27.6% YoY (year-on-year)
• Total Imports recorded 23.3 USD bn in Feb 2025, an increase of 27.6% YoY (year-on-year)

Turkey recorded a trade deficit of 8200 USD Million in June of 2025. This dataset provides the latest reported value for - Turkey Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Vietnam's Trade Balance

• Vietnam's Trade Balance recorded a deficit of 1.5 USD bn in Feb 2025, compared with a surplus of 3.1 USD bn in the previous month
• Vietnam's Trade Balance data is updated monthly, available from Jan 1996 to Feb 2025, with an averaged value of -170.0 USD mn
• The data reached an all-time high of 5.0 USD bn in Aug 2020 and a record low of -2.9 USD bn in May 2008

CEIC extends history for monthly Trade Balance. General Statistics Office provides Trade Balance in USD. Trade Balance prior to January 1997 is sourced from the International Monetary Fund.

Further information about Vietnam's Trade Balance

• In the latest reports, Vietnam's Total Exports reached 31.1 USD bn in Feb 2025, an increase of 40.0% YoY (year-on-year)
• Total Imports recorded 32.7 USD bn in Feb 2025, an increase of 40.0% YoY (year-on-year)