Major Countries Net Trade (Goods & Services, BoP) Ranking (2024)
In 2024, net trade (goods & services, bop) among major countries was highest in China at $538.96 billion, followed by Germany at $174.80 billion and the Netherlands at $148.31 billion. The average net trade (goods & services, bop) across major countries was $11.71 billion, the median was $20.64 billion, and the United States recorded the lowest net trade (goods & services, bop) at -$917.84 billion, according to the World Bank.
Data is available for the period 1960 to 2024 across 20 major countries.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | -$917.84B | -$784.89B | 2024 | |
| 2 | $538.96B | $385.58B | 2024 | |
| 3 | $174.8B | $176.81B | 2024 | |
| 4 | $148.31B | $128.91B | 2024 | |
| 5 | -$101.03B | -$86.33B | 2024 | |
| 6 | $93.83B | $85.56B | 2024 | |
| 7 | $76.43B | $10.83B | 2024 | |
| 8 | $73.86B | $63.7B | 2024 | |
| 9 | $61.62B | $34.66B | 2024 | |
| 10 | $43.89B | $78.82B | 2024 | |
| 11 | -$42.6B | -$72.88B | 2024 | |
| 12 | -$41.22B | -$36.25B | 2024 | |
| 13 | $21.45B | $28.59B | 2024 | |
| 14 | $19.82B | $59.3B | 2024 | |
| 15 | -$16.27B | -$24.97B | 2024 | |
| 16 | $11.28B | $49B | 2024 | |
| 17 | -$5.95B | $1.36B | 2024 | |
| 18 | $5.73B | -$29.01B | 2024 | |
| 19 | -$3.31B | -$43.85B | 2024 |
Major Countries 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.