In 2024, 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 Netherlands, 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 average for 2023 based on 137 countries was 3.89 billion U.S. dollars. The highest value was in China: 385.58 billion U.S. dollars and the lowest value was in the USA: -774.22 billion U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

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.

The U.S. goods trade deficit with China increased by nearly *** 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 data 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 ** percent and ** 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.

The average for 2023 based on 16 countries was -16.71 billion U.S. dollars. The highest value was in China: 385.58 billion U.S. dollars and the lowest value was in the USA: -774.22 billion U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

China recorded a trade surplus of 90.07 USD Billion in October of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Explore exports, imports, and trade balance data by country and region on this dataset webpage. Gain insights into MFN Dutiable Tariff Lines Share, Import Share in Total Products, AHS SpecificDuty Imports, and more. Click to access valuable information for countries like Kuwait, Belarus, Qatar, Afghanistan, and many more.

MFN Dutiable Tariff Lines Share (%), Import Share in Total Products (%), AHS Specific Tariff Lines Share (%), AHS SpecificDuty Imports(US$ Thousand),MFN SpecificDuty Imports (US$ Thousand), MFN Dutiable Imports (US$ Thousand), AHS MaxRate (%), MFN MaxRate (%), Export (US$ Thousand), MFN Duty Free Tariff Lines Share (%), AHS MinRate (%), Export Share in Total Products (%), Import (US$ Thousand), MFN Specific Tariff Lines Share (%), MFN Duty Free Imports (US$ Thousand), MFN Total Tariff Lines, MFN Weighted Average (%), AHS Weighted Average (%), MFN MinRate (%), AHS Duty Free Imports (US$ Thousand), MFN AVE Tariff Lines Share (%), AHS Simple Average (%), AHS Total Tariff Lines, MFN Simple Average (%), Import Partner Share (%), AHS AVE Tariff Lines Share (%), Trade Balance (US$ Thousand), No Of Tariff Agreement, Export Partner Share (%), AHS Dutiable Tariff Lines Share (%), AHS Duty Free Tariff Lines Share (%), AHS Dutiable Imports (US$ Thousand), Imports, Exports, Exporters, Importers

Kuwait, Belarus, Qatar, Afghanistan, Albania, Algeria, Andorra, Angola, Antigua and Barbuda, Argentina, Armenia, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, and many more. Follow data.kapsarc.org for timely data to advance energy economics research.

The average for 2024 based on 134 countries was -3.07 percent. The highest value was in Macao: 44.38 percent and the lowest value was in Kiribati: -88.61 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

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.

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.

Key information about Canada's Trade Balance

• Canada's Trade Balance recorded a surplus of 2.8 USD bn in Jan 2025, compared with a surplus of 1.2 USD bn in the previous month
• Canada's Trade Balance data is updated monthly, available from Jan 1988 to Jan 2025, with an averaged value of 800.0 USD mn
• The data reached an all-time high of 6.4 USD bn in Oct 2005 and a record low of -4.3 USD bn in Dec 2018

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. Statistics Canada provides Total Exports and Total Imports in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Further information about Canada's Trade Balance

• In the latest reports, Canada's Total Exports reached 51.8 USD bn in Jan 2025, an increase of 14.1% YoY (year-on-year)
• Total Imports recorded 49.0 USD bn in Jan 2025, an increase of 14.1% YoY (year-on-year)

The statistic shows the trade balance of goods (exports minus imports of goods) in the MENA countries in North Africa and Asia in 2024. A positive value means a trade surplus, and a negative trade balance means a trade deficit. Saudi Arabia had the largest trade surplus. In 2024, the trade surplus of goods in the country amounted to about ***** billion U.S. dollars. On the other hand, Egypt has the largest trade deficit.

Germany, the Netherlands, and Ireland are the three countries with the greatest goods trade surplus with the rest of the world in 2024. At the other end of the scale, France, Spain, and Greece run large trade deficits vis-a-vis the rest of world.

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.

In 2024, the United States reported the highest trade balance deficit with approximately **** trillion U.S. dollars.

The United Kingdom recorded a trade deficit of 1094 GBP Million in September of 2025. This dataset provides - United Kingdom Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China's total Exports in 2024 were valued at US$3.58 Trillion, according to the United Nations COMTRADE database on international trade. China's main export partners were: the United States, Hong Kong and Vietnam. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Imports were valued at US$2.59 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.

US: Trade Balance: Advanced Economies: San Marino data was reported at -2.648 USD mn in Mar 2018. This records a decrease from the previous number of -1.213 USD mn for Dec 2017. US: Trade Balance: Advanced Economies: San Marino data is updated quarterly, averaging -0.355 USD mn from Dec 2016 (Median) to Mar 2018, with 6 observations. The data reached an all-time high of 0.725 USD mn in Dec 2016 and a record low of -2.648 USD mn in Mar 2018. US: Trade Balance: Advanced Economies: San Marino data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Quarterly.

Taiwan recorded a trade surplus of 22580 USD Million in October of 2025. This dataset provides - Taiwan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.