Trade Balance (Percent of GDP)

Global Ranking

as percent of GDPSource: United Nations

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1 ↑	Luxembourg	33.09	2020	2	30.86
2 ↑	Singapore	31.92	2020	4	28.27
3 ↑	Bermuda	27.67	2020	6	24.62
4 ↑	United Arab Emirates	25.99	2019	5	26.37
5 ↓	Gabon	24.94	2020	3	29.43
6 ↑	Ireland	22.27	2020	40	3.52
7 ↑	San Marino	20.73	2019	8	23.71
8 ↑	Guinea	16.05	2020	138	-12.33
9 ↑	Zambia	14.25	2020	66	0.48
10 ↑	Suriname	14.13	2010	69	0.33
11 ↓	Puerto Rico	13.98	2018	7	24.31
12 ↓	Papua New Guinea	13.25	2004	11	15.39
13 ↑	Djibouti	13.11	2020	22	8.99
14 ↑	Bahrain	11.27	2019	26	7.69
15 ↑	Netherlands	10.41	2020	20	9.8
16 ↑	Turkmenistan	10.17	2018	121	-8.64
17 ↓	Malta	9.61	2020	12	14.78
18 ↑	Lithuania	9.29	2020	35	5.26
19 ↑	Slovenia	9.23	2020	23	8.65
20 ↓	Switzerland	8.79	2020	18	11.85
21 ↓	Angola	8.67	2020	13	14.4
22 ↓	Kuwait	8.4	2019	17	11.88
23 ↓	Qatar	8.22	2020	14	14.33
24 ↓	Oman	7.44	2020	15	12.51
25 ↓	Iraq	7.07	2019	10	15.8
26 ↑	Czech Republic	6.83	2020	32	5.99
27 ↑	Poland	6.79	2020	36	4.76
28 ↑	Denmark	6.45	2020	29	7.39
29 ↓	Malaysia	6.44	2020	28	7.52
30 ↑	Faroe Islands	6.14	2019	55	1.74
31 ↑	Germany	5.73	2020	34	5.65
32 ↑	Chile	5.25	2020	84	-0.83
33 ↑	Panama	5.14	2020	95	-2.57
34 ↓	Russia	4.96	2020	27	7.63
35 ↓	Thailand	4.93	2020	21	9.34
36 ↑	Israel	4.65	2020	52	2.19
37 ↑	Sweden	4.58	2020	38	4.18
38 ↑	South Africa	4.43	2020	65	0.53
39 ↓	Brunei	4.42	2020	30	7.38
40 ↓	Uruguay	4.38	2020	33	5.89
41 ↓	Kazakhstan	4.23	2020	25	8.02
42 ↑	Paraguay	4.13	2020	61	1.04
43 ↑	Australia	3.93	2020	49	2.49
44 ↓	Italy	3.69	2020	42	3.31
45 ↑	South Korea	3.68	2020	46	2.79
46 ↑	Belarus	3.12	2020	81	-0.66
47 ↓	Argentina	3.04	2020	44	3.18
48 ↓	Austria	2.87	2020	41	3.41
49 ↑	Vietnam	2.85	2020	53	2.09
50 ↓	Swaziland	2.72	2020	47	2.68
51 ↑	China	2.49	2020	63	0.93
52 ↑	Mongolia	2.48	2020	111	-5.96
53 ↓	Macao	2.3	2020	1	50.65
54 ↑	Burma (Myanmar)	2.17	2020	72	0.09
55 ↑	Mexico	2.15	2020	77	-0.25
56 ↓	Saudi Arabia	2.08	2020	24	8.44
57	Hong Kong	1.82	2020	57	1.55
58 ↑	Ecuador	1.78	2020	74	0.02
59 ↓	Hungary	1.7	2020	51	2.32
60 ↓	Costa Rica	1.69	2020	54	1.87
61 ↓	Spain	1.47	2020	45	2.93
61 ↓	Bulgaria	1.47	2020	43	3.23
63 ↑	Belgium	1.41	2020	64	0.66
64 ↑	Brazil	1.39	2020	77	-0.25
65 ↓	Peru	1.23	2020	62	1
66 ↑	Latvia	1.17	2020	82	-0.71
67 ↑	Indonesia	1.15	2020	80	-0.56
68 ↓	Ivory Coast	1.09	2020	60	1.15
69 ↓	Slovakia	0.93	2020	68	0.4
70 ↓	Estonia	0.48	2020	39	4.16
71	Finland	0.34	2020	71	0.16
72 ↓	Barbados	0.32	2019	56	1.58
73 ↑	United Kingdom	0.13	2020	85	-0.92
74 ↓	Sudan	0.09	2020	73	0.04
75	Japan	-0.02	2020	75	-0.03
76 ↑	India	-0.54	2020	94	-2.53
77 ↓	New Zealand	-0.69	2020	76	-0.12
78 ↓	Iceland	-0.73	2020	37	4.53
79 ↓	Azerbaijan	-0.77	2020	16	12.28
80 ↓	Aruba	-0.83	2018	59	1.29
81 ↓	Norway	-0.84	2020	58	1.48
82 ↑	Tanzania	-1.01	2020	86	-0.94
83 ↑	Ukraine	-1.05	2020	117	-8.05
84 ↑	Democratic Republic of the Congo	-1.28	2020	99	-3.7
85 ↑	Bahamas	-1.36	2020	89	-1.28
86 ↑	Cambodia	-1.42	2020	90	-1.37
87 ↓	Zimbabwe	-1.6	2020	83	-0.78
87 ↓	Republic of the Congo	-1.6	2020	9	20.63
89 ↓	France	-2.02	2020	87	-0.96
90 ↑	Canada	-2.06	2020	91	-1.6
91 ↓	Portugal	-2.11	2020	67	0.45
92 ↓	Cyprus	-2.53	2020	70	0.21
93 ↑	Afghanistan	-3.03	1978	97	-3.16
94 ↑	United States	-3.11	2020	96	-2.78
95 ↓	Equatorial Guinea	-3.13	2020	19	11.11
96 ↑	Cameroon	-3.19	2020	98	-3.68
97 ↑	Burkina Faso	-3.43	2019	102	-4.44
98 ↓	Ghana	-3.6	2020	93	-1.93
99 ↓	Turkey	-3.81	2020	48	2.58
100 ↓	Antigua and Barbuda	-4.12	2020	50	2.36
101 ↓	Romania	-4.46	2020	100	-4.12
102 ↑	Nicaragua	-4.83	2020	103	-4.48
103 ↑	Bolivia	-4.94	2020	115	-6.46
104 ↓	Benin	-5.09	2020	101	-4.42
105 ↑	Iran	-5.76	2020	108	-5.64
106	Uganda	-6.17	2020	106	-5.14
107 ↑	Lebanon	-6.25	2020	164	-20.33
108 ↑	Sri Lanka	-6.36	2020	113	-6.12
109 ↑	Mali	-6.39	2020	137	-12.25
110 ↑	Bangladesh	-6.54	2020	112	-6.11
111 ↓	Colombia	-6.61	2020	110	-5.82
112 ↓	Croatia	-6.76	2020	79	-0.31
113 ↑	Pakistan	-7.42	2020	129	-10.17
114 ↑	Egypt	-7.55	2020	118	-8.24
115 ↓	Greece	-7.61	2020	92	-1.73
116 ↑	Morocco	-7.63	2020	120	-8.59
117 ↓	Dominican Republic	-7.7	2020	105	-4.87
118 ↓	Nigeria	-7.74	2020	107	-5.58
119 ↑	Philippines	-7.8	2020	136	-12.08
120 ↑	Kenya	-8	2020	123	-8.89
121 ↑	Guatemala	-8.05	2020	131	-10.3
122 ↑	Solomon Islands	-8.16	2020	130	-10.24
123 ↑	Serbia	-8.28	2020	128	-9.93
124 ↑	Laos	-8.67	2016	159	-17.89
125 ↓	Madagascar	-8.72	2020	109	-5.75
126 ↓	Togo	-9.29	2020	119	-8.25
127 ↑	Namibia	-9.66	2020	133	-10.59
128 ↓	Algeria	-9.84	2020	114	-6.41
128 ↑	Ethiopia	-9.84	2020	140	-12.94
130 ↑	Armenia	-9.96	2020	142	-13.41
131 ↑	Eritrea	-11.08	2011	169	-24.71
132 ↑	Mauritania	-11.51	2020	134	-10.82
133 ↑	Macedonia	-12.79	2020	144	-13.76
134 ↑	Tunisia	-12.94	2018	139	-12.37
135 ↓	Belize	-13.4	2020	116	-7.98
136 ↑	Uzbekistan	-13.45	2020	156	-16.01
137 ↑	Bosnia and Herzegovina	-13.96	2020	151	-14.72
138 ↑	Jamaica	-14.17	2020	146	-14.04
139 ↓	Venezuela	-14.7	2014	104	-4.75
140 ↑	Albania	-14.75	2020	143	-13.67
141 ↑	Guinea-Bissau	-14.86	2020	152	-14.8
142 ↑	Senegal	-14.89	2020	147	-14.21
143 ↓	Botswana	-14.98	2020	125	-8.99
144 ↓	Chad	-15.14	2020	88	-1.09
145 ↑	Honduras	-15.3	2020	160	-18.19
146 ↑	Syria	-15.59	2019	165	-20.81
147 ↑	Niger	-15.6	2020	153	-14.87
148 ↓	Fiji	-16.25	2020	131	-10.3
149	Rwanda	-16.28	2020	149	-14.31
150 ↓	Bhutan	-16.66	2020	148	-14.25
151 ↑	New Caledonia	-16.91	2017	162	-19.5
152 ↓	Jordan	-17.93	2020	141	-13.02
153 ↑	El Salvador	-18.37	2020	157	-16.63
154	Mauritius	-18.69	2020	154	-15.2
155 ↓	Maldives	-18.94	2020	126	-9
156 ↓	Georgia	-19.29	2020	124	-8.96
157 ↑	Central African Republic	-19.38	2020	161	-19.38
158 ↓	Samoa	-19.47	2020	145	-14.03
159 ↑	Kyrgyzstan	-20.33	2020	174	-28.9
160 ↑	Tajikistan	-21.17	2020	173	-26.09
161 ↑	Sierra Leone	-21.38	2020	163	-19.7
162 ↑	Haiti	-22.11	2020	172	-25.73
163 ↓	Comoros	-22.25	2020	158	-16.7
164 ↑	Moldova	-22.62	2020	170	-24.77
165 ↑	Burundi	-22.93	2020	168	-23.59
166 ↓	Guyana	-25.11	2005	127	-9.6
167 ↓	Seychelles	-25.86	2020	135	-11.65
168 ↓	Vanuatu	-26.09	2020	122	-8.8
169 ↑	Nepal	-27.13	2020	175	-33.69
170 ↓	Gambia	-28.89	2020	155	-15.6
171 ↑	Mozambique	-34.32	2019	176	-37.46
172 ↓	Libya	-34.85	2020	31	6.48
173 ↓	Cape Verde	-34.99	2020	150	-14.61
174 ↓	Montenegro	-35.01	2020	167	-21.15
175 ↓	Yemen	-37.19	2018	171	-25.41
176 ↑	Micronesia	-41.33	2020	177	-42.4
177 ↑	Tonga	-43.31	2020	178	-43.2
178 ↓	Dominica	-48.94	2018	166	-20.95
179	Lesotho	-58.24	2020	179	-48.5
180	Somalia	-66.62	2020	180	-66.27
181	Kiribati	-77.78	2018	181	-88.18

Definition of Trade Balance (Percent of GDP)

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).