Australia - Trade Balance 1980
$788.9M
+$2.2B from 1979
Australia's trade balance was $788.9M in 1980, increased +$2.2B from $-1.4B in 1979. This was the 101st highest globally.
Global Ranking - 1980▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Germany | $-44.0B | -39.0% |
| 2nd | Iran, Islamic Republic of | $-14.2B | -246.6% |
| 3rd | United States | $-13.1B | 42.1% |
| 4th | Italy | $-12.4B | -397.4% |
| 5th | Japan | $-10.8B | -5.7% |
| 6th | France | $-8.6B | -279.5% |
| 7th | Spain | $-6.9B | -678.6% |
| 8th | Korea | $-5.8B | -18.2% |
| 9th | India | $-5.8B | -166.4% |
| 10th | Brazil | $-5.3B | -14.7% |
| 11th | Türkiye | $-4.7B | -95.1% |
| 12th | Mexico | $-4.4B | -160.3% |
| 13th | Portugal | $-3.7B | -67.8% |
| 14th | Belgium | $-3.6B | -78.0% |
| 15th | Ireland | $-3.0B | 1.0% |
| 16th | Austria | $-2.8B | -145.3% |
| 17th | Greece | $-2.8B | -17.8% |
| 18th | Switzerland | $-2.7B | -281.5% |
| 19th | Egypt, Arab Republic of | $-2.7B | 9.9% |
| 20th | Israel | $-2.6B | 10.2% |
| 21st | Pakistan | $-2.5B | -19.5% |
| 22nd | China | $-2.4B | -55.0% |
| 23rd | Cuba | $-2.3B | -1.2% |
| 24th | Syrian Arab Republic | $-2.2B | -34.2% |
| 25th | Bangladesh | $-2.2B | -49.0% |
| 26th | Thailand | $-2.0B | -9.9% |
| 27th | Morocco | $-1.9B | 7.9% |
| 28th | Sweden | $-1.8B | -210.0% |
| 29th | Jordan | $-1.8B | -3.2% |
| 30th | Puerto Rico (US) | $-1.6B | -20.1% |
| 31st | Chile | $-1.4B | -86.0% |
| 32nd | Sudan | $-1.1B | -44.1% |
| 33rd | Argentina | $-1.1B | -972.2% |
| 34th | Dominican Republic | $-927.9M | -73.2% |
| 35th | Sri Lanka | $-908.8M | -124.3% |
| 36th | Singapore | $-823.7M | -56.7% |
| 37th | Senegal | $-770.4M | -55.6% |
| 38th | Finland | $-698.1M | -250.4% |
| 39th | Côte d'Ivoire | $-628.6M | -124.7% |
| 40th | Uruguay | $-569.0M | -82.8% |
| 41st | Costa Rica | $-499.6M | -20.5% |
| 42nd | Tunisia | $-469.0M | -118.4% |
| 43rd | Madagascar | $-464.8M | 15.1% |
| 44th | Kenya | $-463.7M | -27.0% |
| 45th | Burkina Faso | $-430.3M | -17.0% |
| 46th | Nicaragua | $-408.3M | -287.5% |
| 47th | Lesotho | $-384.4M | -30.5% |
| 48th | Cyprus | $-383.7M | -56.0% |
| 49th | Panama | $-343.3M | 33.6% |
| 50th | Niger | $-339.7M | -93.3% |
| 51st | Somalia, Fed. Rep. | $-333.8M | -10.4% |
| 52nd | Denmark | $-320.2M | 80.9% |
| 53rd | Benin | $-302.2M | -30.6% |
| 54th | Paraguay | $-276.0M | -46.9% |
| 55th | Papua New Guinea | $-258.1M | -10,108.1% |
| 56th | Mali | $-257.5M | -5.9% |
| 57th | New Zealand | $-251.9M | 21.7% |
| 58th | Guatemala | $-215.3M | 30.7% |
| 59th | Togo | $-212.0M | 38.6% |
| 60th | Zimbabwe | $-210.9M | -372.7% |
| 61st | Mauritania | $-176.5M | -23.8% |
| 62nd | Sierra Leone | $-169.0M | -112.1% |
| 63rd | Rwanda | $-149.9M | -692.3% |
| 64th | Hong Kong SAR, China | $-149.1M | -151.2% |
| 65th | Botswana | $-142.0M | -55.6% |
| 66th | Nepal | $-139.9M | -80.7% |
| 67th | Honduras | $-136.0M | -777.4% |
| 68th | Ecuador | $-130.3M | -249.1% |
| 69th | Central African Republic | $-126.4M | -42.0% |
| 70th | Chad | $-123.1M | 27.3% |
| 71st | Mauritius | $-116.1M | 18.5% |
| 72nd | Solomon Islands | $-86.8M | - |
| 73rd | Guinea-Bissau | $-83.9M | 20.5% |
| 74th | Uganda | $-82.0M | -305.0% |
| 75th | Seychelles | $-76.6M | -22.5% |
| 76th | Guyana | $-74.5M | -49.2% |
| 77th | Cabo Verde | $-71.0M | - |
| 78th | Malta | $-68.4M | -30.7% |
| 79th | Gambia, The | $-50.3M | 14.2% |
| 80th | Comoros | $-44.0M | - |
| 81st | Faroe Islands | $-43.4M | 21.1% |
| 82nd | Bhutan | $-32.6M | - |
| 83rd | Ghana | $-30.6M | -1,174.1% |
| 84th | Belize | $-24.6M | - |
| 85th | Tonga | $-20.1M | -2.7% |
| 86th | Vanuatu | $-9.8M | - |
| 87th | Iceland | $-3.5M | -111.8% |
| 88th | Congo, Republic of | $-1.9M | 87.0% |
| 89th | Kiribati | $-667,731 | -192.6% |
| 90th | Albania | $6.6M | - |
| 91st | El Salvador | $32.8M | 657.1% |
| 92nd | Cameroon | $50.3M | 111.9% |
| 93rd | Bahamas, The | $100.2M | 1.4% |
| 94th | Bolivia, Plurinational State of | $101.7M | 171.4% |
| 95th | Colombia | $207.4M | -58.1% |
| 96th | Bahrain | $272.5M | - |
| 97th | Namibia | $341.8M | - |
| 98th | Luxembourg | $344.7M | -39.8% |
| 99th | Malaysia | $612.8M | -67.4% |
| 100th | Peru | $616.2M | -54.1% |
| 101st | Australia | $788.9M | 155.9% |
| 102nd | Bulgaria | $995.8M | - |
| 103rd | Gabon | $1.4B | 121.7% |
| 104th | Oman | $1.5B | 96.9% |
| 105th | Algeria | $1.7B | 396.7% |
| 106th | Netherlands | $3.5B | 1.8% |
| 107th | Norway | $3.7B | 232.6% |
| 108th | Brunei Darussalam | $4.0B | 77.5% |
| 109th | Canada | $4.7B | 356.3% |
| 110th | Indonesia | $6.0B | 80.6% |
| 111th | South Africa | $6.5B | 22.5% |
| 112th | Kuwait | $12.6B | 3.7% |
| 113th | United Kingdom | $14.0B | 375.3% |
| 114th | Iraq | $16.8B | 41.8% |
| 115th | Saudi Arabia | $59.5B | 158.0% |
FAQ
What was Australia's trade balance in 1980?▾
Australia's trade balance in 1980 was $788.9M. This ranked 101st globally.
How did Australia's trade balance change in 1980?▾
Australia's trade balance increased by 155.9% in 1980 compared to 1979.
Which country had the highest trade balance in 1980?▾
Saudi Arabia had the highest trade balance in 1980 at $59.5B.
What is the trade balance of Australia in 1980?▾
The trade balance of Australia in 1980 was $788.9M. This ranked 101st globally.
How does 1980 compare to 1979 for Australia's trade balance?▾
Australia's trade balance went from $-1.4B in 1979 to $788.9M in 1980, a 155.9% increase.
HistorySaid - pattern alert
Australia matched the Fiscal Dominance Trap pattern in 1980. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 11.4%. View full analysis →
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