Asia Net Trade (Goods & Services, BoP) Ranking (2024)
In 2024, net trade (goods & services, bop) in Asia was highest in China at $538.96 billion, followed by Singapore at $192.58 billion and South Korea at $76.43 billion. The average net trade (goods & services, bop) across countries in Asia was $19.79 billion, the median was $634.26 million, and India recorded the lowest net trade (goods & services, bop) at -$101.03 billion, according to the World Bank.
Data is available for the period 1960 to 2024 across 42 countries in Asia.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | $538.96B | $385.58B | 2024 | |
| 2 | $192.58B | $189.18B | 2024 | |
| 3 | -$101.03B | -$86.33B | 2024 | |
| 4 | $76.43B | $10.83B | 2024 | |
| 5 | $55.52B | $56.53B | 2024 | |
| 6 | -$54.16B | -$47.85B | 2024 | |
| 7 | $43.89B | $78.82B | 2024 | |
| 8 | -$42.6B | -$72.88B | 2024 | |
| 9 | $30.71B | $35.2B | 2024 | |
| 10 | $28.19B | $32.05B | 2024 | |
| 11 | $26.67B | $57.92B | 2023 | |
| 12 | -$26.62B | -$21.85B | 2024 | |
| 13 | $22.7B | $20.44B | 2024 | |
| 14 | $21.45B | $28.59B | 2024 | |
| 15 | -$21.11B | -$14.29B | 2024 | |
| 16 | $18.63B | $174.1M | 2023 | |
| 17 | $17.77B | $10.44B | 2024 | |
| 18 | $17.66B | $18.2B | 2024 | |
| 19 | -$17.45B | -$17.6B | 2024 | |
| 20 | $17.34B | $22.8B | 2023 | |
| 21 | $16.52B | $2.25B | 2024 | |
| 22 | -$14.03B | -$11.62B | 2024 | |
| 23 | $12.81B | $14.21B | 2024 | |
| 24 | -$11.54B | -$12.09B | 2023 | |
| 25 | $8.26B | $7.97B | 2024 | |
| 26 | -$7.03B | -$2.64B | 2022 | |
| 27 | $6.77B | $10.47B | 2024 | |
| 28 | -$6.74B | -$9.28B | 2023 | |
| 29 | -$5.51B | -$5.86B | 2020 | |
| 30 | -$5.38B | -$8.22B | 2024 | |
| 31 | -$5.29B | -$3.83B | 2024 | |
| 32 | -$2.62B | -$1.67B | 2024 | |
| 33 | -$2.59B | -$2.64B | 2024 | |
| 34 | $2.37B | $2.5B | 2024 | |
| 35 | $1.96B | -$1.12B | 2023 | |
| 36 | -$1.5B | -$3.07B | 2023 | |
| 37 | $1.1B | $621.83M | 2023 | |
| 38 | -$919.26M | -$467.4M | 2024 | |
| 39 | -$568.59M | -$902.3M | 2024 | |
| 40 | -$468.7M | -$193.72M | 2024 | |
| 41 | $167.25M | -$2.94B | 2019 | |
| 42 | $68.02M | -$104.06M | 2024 |
Asia Net Trade (Goods & Services, BoP) Ranking (2024) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.