Europe Net Trade (Goods & Services, BoP) Ranking (2024)
In 2023, net trade (goods & services, bop) in Europe was highest in Ireland at $181.48 billion, followed by Germany at $174.80 billion and the Netherlands at $148.31 billion. The average net trade (goods & services, bop) across countries in Europe was $22.28 billion, the median was $1.60 billion, and the United Kingdom recorded the lowest net trade (goods & services, bop) at -$41.22 billion, according to the World Bank.
Data is available for the period 1960 to 2024 across 44 countries in Europe.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | $181.48B | $226.35B | 2023 | |
| 2 | $174.8B | $176.81B | 2024 | |
| 3 | $148.31B | $128.91B | 2024 | |
| 4 | $93.83B | $85.56B | 2024 | |
| 5 | $92.5B | $97.82B | 2024 | |
| 6 | $73.86B | $63.7B | 2024 | |
| 7 | $66.74B | $74.77B | 2024 | |
| 8 | $61.62B | $34.66B | 2024 | |
| 9 | $46.45B | $33.17B | 2024 | |
| 10 | $42.17B | $38.48B | 2024 | |
| 11 | -$41.22B | -$36.25B | 2024 | |
| 12 | $36.63B | $47.77B | 2024 | |
| 13 | -$35.91B | -$37.88B | 2024 | |
| 14 | $29.33B | $25.14B | 2024 | |
| 15 | -$23.32B | -$16.94B | 2024 | |
| 16 | $22.52B | $17.01B | 2024 | |
| 17 | $14.9B | $10.22B | 2024 | |
| 18 | -$13.98B | -$12.02B | 2024 | |
| 19 | $12.43B | $9.84B | 2024 | |
| 20 | $7.26B | $4.32B | 2024 | |
| 21 | $5.73B | -$29.01B | 2024 | |
| 22 | -$5.57B | -$3.92B | 2024 | |
| 23 | $4.74B | $4.01B | 2024 | |
| 24 | -$4.7B | -$3.97B | 2024 | |
| 25 | $4.58B | $4.35B | 2024 | |
| 26 | $4.4B | $3.12B | 2024 | |
| 27 | -$4.06B | -$3.24B | 2024 | |
| 28 | -$3.81B | -$7.49B | 2023 | |
| 29 | -$3.31B | -$43.85B | 2024 | |
| 30 | -$3.26B | -$1.75B | 2024 | |
| 31 | -$3.21B | -$3.08B | 2023 | |
| 32 | $2.63B | $4.26B | 2024 | |
| 33 | -$2.2B | -$2.06B | 2024 | |
| 34 | $1.89B | $922.21M | 2024 | |
| 35 | -$1.85B | -$1.28B | 2024 | |
| 36 | -$1.85B | -$1.4B | 2024 | |
| 37 | $1.32B | $365.89M | 2024 | |
| 38 | -$1.29B | $254.67M | 2024 | |
| 39 | -$1.12B | -$1.58B | 2024 | |
| 40 | $452.74M | $296.2M | 2023 | |
| 41 | $446.73M | $289.97M | 2022 | |
| 42 | -$382.28M | $71.7M | 2024 | |
| 43 | $262.15M | $350.69M | 2024 | |
| 44 | $64.86M | $2.3B | 2024 |
Europe 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.