South Sudan Net Trade (Goods & Services, BoP)
South Sudan's net trade (goods & services, bop) fell to $55.84 million in 2023, down from $-590.88 million in 2022, according to World Bank. This represents a decrease of 109.5% ($646.72 million) from the previous year. South Sudan has net trade (goods & services, bop) higher than the global median ($55.84 million vs median -$215.12 million). Compared with the median in Africa, South Sudan is higher ($55.84 million vs regional median -$1.08 billion) and ranks 9th out of 48 countries in Africa.
Yearly Historical Data (2014-2023)
(in Million USD)South Sudan Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in South Sudan, 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.