Australia trade deficit by country
Trade deficit by country 2015. Data source: Trade Map, International Trade Centre, www.intracen.org/marketanalysis Australia Exports By Country Value Year; China: $87.73B 2018 Japan: $41.36B 2018 South Korea: $17.75B 2018 India: $12.37B 2018 United States: $9.55B 2018 Australia incurred the highest trade deficits with the following countries. Among Australia’s trading partners that cause the greatest negative trade balances, Australian deficits with the United Kingdom (up 163.7%), Switzerland (up 52.8%) and Singapore (up 46.5%) grew at the fastest pace from 2017 to 2018. The United States has the world's largest trade deficit. It's been that way since 1975. The deficit in goods and services was $621 billion in 2018. Imports were $3.1 trillion and exports were only $2.5 trillion. In 2018, the U.S. trade deficit in goods alone was $891 billion. Trade in Goods and Services. Deficit: $45.3 Billion Exports: $208.6 Billion Imports: $253.9 Billion. Next release: April 2, 2020 Complete Release Schedule The Chinese, Brazilian, Indian, and United States government budgets are the figures reported by the International Monetary Fund. The table includes information from government's budgets; namely revenues, expenditures and the resulting deficits or surpluses. The countries are ranked by their budget revenues in fiscal year 2016. U.S. trade deficit (in billions, goods and services) by country in 2017. This is a list of the 20 countries and territories with the largest deficit in current account balance (CAB), based on data from 2017 est. as listed in the CIA World Factbook.
Top 20 countries with the largest deficit U.S. trade deficit (in billions, goods and services) by country in 2017 This is a list of the 20 countries and territories with the largest deficit in current account balance (CAB), based on data from 2017 est. as listed in the CIA World Factbook .
Top 20 countries with the largest deficit U.S. trade deficit (in billions, goods and services) by country in 2017 This is a list of the 20 countries and territories with the largest deficit in current account balance (CAB), based on data from 2017 est. as listed in the CIA World Factbook . Australia's trade balance is the difference between what we export and what we import. It is calculated by subtracting the value of the goods and services Australia buys from overseas from the value of the goods and services we sell to other countries. As of December 2019, Australia's trade balance was $5,223 million (seasonally adjusted). The United States has the largest trade deficit in the world. In 2018, the trade deficit of this nation was $621 billion. While the country brought in over $3 trillion in imports, the amount of exports was just $2.5 trillion. The largest exports of the United States were cars, food, and commercial aircraft. Trade deficit by country 2015. Data source: Trade Map, International Trade Centre, www.intracen.org/marketanalysis Australia Exports By Country Value Year; China: $87.73B 2018 Japan: $41.36B 2018 South Korea: $17.75B 2018 India: $12.37B 2018 United States: $9.55B 2018 Australia incurred the highest trade deficits with the following countries. Among Australia’s trading partners that cause the greatest negative trade balances, Australian deficits with the United Kingdom (up 163.7%), Switzerland (up 52.8%) and Singapore (up 46.5%) grew at the fastest pace from 2017 to 2018. The United States has the world's largest trade deficit. It's been that way since 1975. The deficit in goods and services was $621 billion in 2018. Imports were $3.1 trillion and exports were only $2.5 trillion. In 2018, the U.S. trade deficit in goods alone was $891 billion.
The UK runs a trade deficit (we import more than we export) with the biggest economies of the European Union. The UK has a trade surplus (we export more than we import) with 67 territories, including Ireland, Switzerland, the United Arab Emirates, Saudi Arabia, Australia and Brazil. UK trade deficit and surplus by country, 2016
The Chinese, Brazilian, Indian, and United States government budgets are the figures reported by the International Monetary Fund. The table includes information from government's budgets; namely revenues, expenditures and the resulting deficits or surpluses. The countries are ranked by their budget revenues in fiscal year 2016. U.S. trade deficit (in billions, goods and services) by country in 2017. This is a list of the 20 countries and territories with the largest deficit in current account balance (CAB), based on data from 2017 est. as listed in the CIA World Factbook. Australia Exports By Country Value Year; China: $87.73B 2018 Japan: $41.36B 2018 South Korea: $17.75B 2018 India: $12.37B 2018 United States: $9.55B 2018 The trade balance is the value of goods exports minus the value of goods imports. A positive value indicates a trade surplus, a negative value a trade deficit. In 2017, Australia's trade surplus amounted to around 2.49 billion U.S. dollars. Difference between Trade Surplus and Trade Deficit . A country is said to have trade surplus when it exports more than it imports. Conversely, a country has a trade deficit when it imports more than it exports. A country can have an overall trade deficit or surplus. Or simply have with a specific country.
The Chinese, Brazilian, Indian, and United States government budgets are the figures reported by the International Monetary Fund. The table includes information from government's budgets; namely revenues, expenditures and the resulting deficits or surpluses. The countries are ranked by their budget revenues in fiscal year 2016.
Figure 2 also shows the relative trade balances of these countries. In 2014, Australia had a trade deficit of 1.4 per cent of GDP, much less than the US and Japan Australia's Trade Balance recorded a surplus of 3.6 USD bn in Jan 2020, compared with a Australia's Trade Balance data is updated monthly, available from Jul 1971 to Jan 2020, with an More Countries/Regions for Trade Balance
The United States has the largest trade deficit in the world. In 2018, the trade deficit of this nation was $621 billion. While the country brought in over $3 trillion in imports, the amount of exports was just $2.5 trillion. The largest exports of the United States were cars, food, and commercial aircraft.
Feb 11, 2020 Australia's top trading partners in 2019 plus a searchable datalist of importing countries for Australian goods.
The Chinese, Brazilian, Indian, and United States government budgets are the figures reported by the International Monetary Fund. The table includes information from government's budgets; namely revenues, expenditures and the resulting deficits or surpluses. The countries are ranked by their budget revenues in fiscal year 2016. U.S. trade deficit (in billions, goods and services) by country in 2017. This is a list of the 20 countries and territories with the largest deficit in current account balance (CAB), based on data from 2017 est. as listed in the CIA World Factbook. Australia Exports By Country Value Year; China: $87.73B 2018 Japan: $41.36B 2018 South Korea: $17.75B 2018 India: $12.37B 2018 United States: $9.55B 2018 The trade balance is the value of goods exports minus the value of goods imports. A positive value indicates a trade surplus, a negative value a trade deficit. In 2017, Australia's trade surplus amounted to around 2.49 billion U.S. dollars. Difference between Trade Surplus and Trade Deficit . A country is said to have trade surplus when it exports more than it imports. Conversely, a country has a trade deficit when it imports more than it exports. A country can have an overall trade deficit or surplus. Or simply have with a specific country.