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Australia - Trade Balance 1983

Name: Australia Trade Balance 1983
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-3.6B +$2.8B from 1982 Global rank: 6th

Australia's trade balance was $-3.6B in 1983, increased +$2.8B from $-6.4B in 1982. This was the 6th highest globally.

Global Ranking - 1983▾

Trade Balance by Country - 1983
Rank	Country	Value	YoY
1st	United States	$-51.6B	-158.5%
2nd	Germany	$-23.2B	-12.1%
3rd	Iran, Islamic Republic of	$-15.1B	-208.9%
4th	Saudi Arabia	$-11.9B	-166.8%
5th	India	$-4.4B	-1.5%
6th	Australia	$-3.6B	43.6%
7th	Greece	$-3.5B	-1.4%
8th	Egypt, Arab Republic of	$-3.5B	-9.5%
9th	Iraq	$-3.4B	80.1%
10th	Israel	$-3.3B	-2.2%
11th	Pakistan	$-3.0B	11.9%
12th	Thailand	$-2.9B	-357.7%
13th	Spain	$-2.7B	45.5%
14th	Portugal	$-2.7B	39.1%
15th	Cuba	$-2.5B	-5.3%
16th	Türkiye	$-2.5B	-24.4%
17th	Syrian Arab Republic	$-2.4B	-31.5%
18th	Jordan	$-2.2B	10.8%
19th	Korea	$-2.0B	54.1%
20th	Philippines	$-1.8B	1.4%
21st	Bangladesh	$-1.6B	17.2%
22nd	Malaysia	$-1.5B	35.5%
23rd	Switzerland	$-1.2B	-280.7%
24th	Morocco	$-1.2B	46.2%
25th	Austria	$-1.1B	-141.9%
26th	Colombia	$-1.1B	35.4%
27th	Mongolia	$-976.2M	-0.1%
28th	Sudan	$-876.9M	30.4%
29th	Indonesia	$-866.0M	75.5%
30th	Ireland	$-794.9M	53.1%
31st	Sri Lanka	$-780.5M	13.4%
32nd	Senegal	$-753.3M	-5.0%
33rd	Tunisia	$-697.7M	18.5%
34th	Dominican Republic	$-680.9M	-0.5%
35th	France	$-632.8M	95.4%
36th	Papua New Guinea	$-442.1M	21.1%
37th	Paraguay	$-376.2M	8.9%
38th	Somalia, Fed. Rep.	$-360.0M	-10.5%
39th	Burkina Faso	$-347.1M	15.6%
40th	Cyprus	$-293.1M	-1.9%
41st	Nicaragua	$-291.6M	-17.9%
42nd	New Zealand	$-285.9M	60.2%
43rd	Nepal	$-271.2M	-56.9%
44th	Zimbabwe	$-235.4M	47.9%
45th	Mali	$-199.0M	3.0%
46th	Benin	$-195.1M	31.0%
47th	Mauritania	$-191.6M	35.4%
48th	El Salvador	$-190.1M	1.8%
49th	Namibia	$-174.8M	3.8%
50th	Malta	$-161.5M	12.6%
51st	Guatemala	$-141.0M	58.5%
52nd	Madagascar	$-140.2M	34.2%
53rd	Rwanda	$-135.8M	23.4%
54th	Kenya	$-135.3M	57.1%
55th	Uganda	$-111.7M	43.9%
56th	Guinea-Bissau	$-111.6M	22.5%
57th	Niger	$-109.8M	64.0%
58th	Sierra Leone	$-109.1M	17.2%
59th	Guyana	$-91.5M	-9.7%
60th	Togo	$-86.7M	43.1%
61st	Micronesia, Federated States of	$-86.2M	-
62nd	Solomon Islands	$-86.2M	6.0%
63rd	Central African Republic	$-82.1M	8.9%
64th	Cabo Verde	$-73.6M	6.9%
65th	Faroe Islands	$-69.5M	-31.5%
66th	Seychelles	$-66.5M	18.6%
67th	Chad	$-59.3M	-2.5%
68th	Bhutan	$-55.8M	-10.2%
69th	Albania	$-50.9M	41.3%
70th	Honduras	$-37.5M	-199.9%
71st	Comoros	$-35.5M	2.9%
72nd	Tonga	$-30.7M	-33.7%
73rd	Belize	$-28.0M	23.7%
74th	Gambia, The	$-25.6M	22.6%
75th	Costa Rica	$-23.5M	-130.8%
76th	Ghana	$-17.6M	-222.2%
77th	Vanuatu	$-14.0M	-463.9%
78th	Kiribati	$-12.1M	24.4%
79th	Botswana	$-5.7M	96.2%
80th	Finland	$-5.3M	-105.8%
81st	Mauritius	$-3.9M	87.1%
82nd	Puerto Rico (US)	$14.4M	-96.3%
83rd	Bulgaria	$34.6M	-83.2%
84th	Peru	$40.5M	105.4%
85th	Ecuador	$41.7M	106.8%
86th	Iceland	$55.7M	136.5%
87th	Panama	$67.5M	137.0%
88th	Cameroon	$75.2M	-73.6%
89th	Côte d'Ivoire	$84.8M	138.6%
90th	Singapore	$103.9M	135.2%
91st	Uruguay	$106.4M	139.1%
92nd	Macao SAR, China	$121.6M	-3.4%
93rd	Congo, Republic of	$129.6M	145.3%
94th	Bahrain	$139.4M	-68.7%
95th	Bahamas, The	$148.2M	50.6%
96th	Bolivia, Plurinational State of	$232.0M	1,321.3%
97th	Luxembourg	$302.5M	34.6%
98th	Belgium	$345.0M	121.8%
99th	Chile	$412.5M	180.0%
100th	Hong Kong SAR, China	$539.8M	196.3%
101st	Gabon	$603.0M	-24.0%
102nd	Algeria	$1.0B	19.9%
103rd	Oman	$1.2B	6.3%
104th	Denmark	$1.3B	144.1%
105th	Kuwait	$2.0B	341.7%
106th	Italy	$2.1B	138.9%
107th	Sweden	$2.2B	1,473.0%
108th	China	$2.6B	-46.6%
109th	Brunei Darussalam	$2.7B	-13.4%
110th	South Africa	$3.2B	1,101.7%
111th	Argentina	$3.4B	59.1%
112th	Norway	$4.7B	53.3%
113th	Brazil	$4.9B	362.0%
114th	United Kingdom	$6.1B	-45.6%
115th	Netherlands	$8.0B	-17.9%
116th	Canada	$10.7B	-9.5%
117th	Mexico	$14.3B	63.7%
118th	Japan	$19.1B	206.8%

FAQ

What was Australia's trade balance in 1983?▾

Australia's trade balance in 1983 was $-3.6B. This ranked 6th globally.

How did Australia's trade balance change in 1983?▾

Australia's trade balance increased by 43.6% in 1983 compared to 1982.

Which country had the highest trade balance in 1983?▾

Japan had the highest trade balance in 1983 at $19.1B.

What is the trade balance of Australia in 1983?▾

The trade balance of Australia in 1983 was $-3.6B. This ranked 6th globally.

How does 1983 compare to 1982 for Australia's trade balance?▾

Australia's trade balance went from $-6.4B in 1982 to $-3.6B in 1983, a 43.6% increase.

HistorySaid - pattern alert

Australia matched the Stagflation Risk pattern in 1983. Historically: 307 occurrences, 117 successful (38%). Outcome 24 months later: 6.7%. View full analysis →

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