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Australia - Trade Balance 1968

Name: Australia Trade Balance 1968
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-714.6M −$407.7M from 1967 Global rank: 2nd

Australia's trade balance was $-714.6M in 1968, decreased +$407.7M from $-306.9M in 1967. This was the 2nd highest globally.

Global Ranking - 1968▾

Trade Balance by Country - 1968
Rank	Country	Value	YoY
1st	Korea	$-764.5M	-49.0%
2nd	Australia	$-714.6M	-132.8%
3rd	Greece	$-701.8M	-35.9%
4th	Mexico	$-679.9M	-19.5%
5th	India	$-480.0M	49.9%
6th	Egypt, Arab Republic of	$-336.0M	-161.9%
7th	Indonesia	$-333.1M	27.4%
8th	Pakistan	$-327.0M	34.2%
9th	Iran, Islamic Republic of	$-261.6M	-46.6%
10th	Bangladesh	$-245.1M	-2.7%
11th	Türkiye	$-244.4M	-83.3%
12th	Thailand	$-227.6M	-96.9%
13th	Brazil	$-206.6M	-
14th	Denmark	$-187.0M	30.9%
15th	Senegal	$-111.8M	-101.3%
16th	Papua New Guinea	$-102.9M	-4.7%
17th	Dominican Republic	$-88.0M	-22.7%
18th	Afghanistan	$-86.7M	30.4%
19th	Singapore	$-78.1M	14.1%
20th	Ecuador	$-74.3M	-51.1%
21st	Congo, Republic of	$-67.5M	-12.1%
22nd	Colombia	$-61.9M	-222.0%
23rd	Syrian Arab Republic	$-55.3M	-2.9%
24th	Sri Lanka	$-53.5M	-1.1%
25th	Madagascar	$-52.0M	-36.3%
26th	Morocco	$-51.4M	25.7%
27th	Peru	$-44.0M	85.1%
28th	Burkina Faso	$-41.8M	-3.1%
29th	Niger	$-40.6M	-2.7%
30th	Algeria	$-40.5M	-166.7%
31st	Bolivia, Plurinational State of	$-36.5M	-37.3%
32nd	Costa Rica	$-36.3M	18.1%
33rd	Benin	$-31.8M	14.2%
34th	Sudan	$-29.0M	-320.8%
35th	Guatemala	$-27.1M	43.5%
36th	Mali	$-27.1M	21.7%
37th	Lesotho	$-26.5M	0.0%
38th	Botswana	$-26.4M	-72.3%
39th	Cameroon	$-26.3M	-43.5%
40th	Nicaragua	$-25.7M	54.5%
41st	Paraguay	$-22.9M	-36.2%
42nd	Cambodia	$-22.9M	-100.0%
43rd	Somalia, Fed. Rep.	$-19.0M	18.7%
44th	El Salvador	$-17.7M	39.9%
45th	Chad	$-17.0M	0.6%
46th	Rwanda	$-11.0M	-40.9%
47th	Sierra Leone	$-10.4M	29.3%
48th	Central African Republic	$-10.2M	69.8%
49th	Ghana	$-7.8M	82.2%
50th	Faroe Islands	$-7.6M	-504.0%
51st	Nepal	$-5.1M	-671.0%
52nd	Gambia, The	$-4.5M	-45.4%
53rd	Gabon	$-2.4M	-
54th	Kenya	$1.4M	112.5%
55th	Panama	$6.8M	132.3%
56th	Guyana	$7.1M	220.7%
57th	Togo	$7.4M	222.9%
58th	Uganda	$13.7M	55.6%
59th	Honduras	$18.2M	7.1%
60th	Sweden	$38.9M	-46.2%
61st	Chile	$43.2M	-46.4%
62nd	Mauritania	$46.6M	-2.4%
63rd	Uruguay	$47.4M	107.5%
64th	Oman	$104.6M	761.1%
65th	Malaysia	$117.3M	50.8%
66th	Tunisia	$122.5M	68.8%
67th	Hong Kong SAR, China	$146.3M	16.8%
68th	Côte d'Ivoire	$162.8M	102.2%
69th	China	$269.5M	14.2%
70th	Argentina	$285.7M	-52.9%
71st	South Africa	$449.4M	844.1%
72nd	France	$612.9M	-27.1%
73rd	Canada	$661.7M	33.2%
74th	Kuwait	$949.2M	25.1%
75th	Saudi Arabia	$964.0M	-

FAQ

What was Australia's trade balance in 1968?▾

Australia's trade balance in 1968 was $-714.6M. This ranked 2nd globally.

How did Australia's trade balance change in 1968?▾

Australia's trade balance decreased by 132.8% in 1968 compared to 1967.

Which country had the highest trade balance in 1968?▾

Saudi Arabia had the highest trade balance in 1968 at $964.0M.

What is the trade balance of Australia in 1968?▾

The trade balance of Australia in 1968 was $-714.6M. This ranked 2nd globally.

How does 1968 compare to 1967 for Australia's trade balance?▾

Australia's trade balance went from $-306.9M in 1967 to $-714.6M in 1968, a 132.8% decrease.

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