Trade Balance (Percent of GDP)

South America Ranking

as percent of GDPSource: United Nations

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1 ↑	Suriname	14.13	2010	5	0.33
2 ↑	Chile	5.25	2020	7	-0.83
3 ↓	Uruguay	4.38	2020	1	5.89
4 ↓	Paraguay	4.13	2020	3	1.04
5 ↓	Argentina	3.04	2020	2	3.18
6	Brazil	1.39	2020	6	-0.25
7 ↓	Peru	1.23	2020	4	1
8 ↑	Bolivia	-4.94	2020	10	-6.46
9	Colombia	-6.61	2020	9	-5.82
10 ↓	Venezuela	-14.7	2014	8	-4.75
11	Guyana	-25.11	2005	11	-9.6

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).