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Australia - Trade Balance 1999

Name: Australia Trade Balance 1999
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-9.5B −$6.0B from 1998 Global rank: 8th

Australia's trade balance was $-9.5B in 1999, decreased +$6.0B from $-3.5B in 1998. This was the 8th highest globally.

Global Ranking - 1999▾

Trade Balance by Country - 1999
Rank	Country	Value	YoY
1st	United States	$-259.6B	-59.5%
2nd	United Kingdom	$-17.7B	-114.4%
3rd	Portugal	$-13.2B	-16.1%
4th	Greece	$-12.8B	3.6%
5th	Spain	$-12.2B	-356.6%
6th	Brazil	$-11.1B	45.9%
7th	Poland	$-10.1B	-19.2%
8th	Australia	$-9.5B	-171.1%
9th	India	$-8.8B	-25.2%
10th	Egypt, Arab Republic of	$-7.5B	7.0%
11th	Mexico	$-7.4B	16.0%
12th	Argentina	$-4.9B	34.9%
13th	Lebanon	$-3.9B	15.9%
14th	Israel	$-3.8B	-2.1%
15th	Bosnia and Herzegovina	$-3.1B	-6.6%
16th	West Bank and Gaza	$-2.6B	-21.4%
17th	Bangladesh	$-2.5B	-14.4%
18th	Mozambique	$-1.7B	-64.3%
19th	Romania	$-1.7B	48.6%
20th	Morocco	$-1.5B	8.2%
21st	Guatemala	$-1.5B	2.4%
22nd	Jordan	$-1.5B	5.5%
23rd	Slovak Republic	$-1.4B	56.0%
24th	Croatia	$-1.4B	18.0%
25th	Dominican Republic	$-1.4B	11.2%
26th	El Salvador	$-1.4B	-4.0%
27th	Ghana	$-1.4B	-40.8%
28th	Hungary	$-1.3B	-77.1%
29th	Nicaragua	$-1.2B	-45.5%
30th	Sri Lanka	$-1.2B	-29.2%
31st	Peru	$-1.2B	60.7%
32nd	Lithuania	$-1.1B	14.4%
33rd	North Macedonia	$-1.0B	9.4%
34th	Pakistan	$-1.0B	-56.7%
35th	Slovenia	$-983.3M	-162.4%
36th	Sudan	$-978.0M	-2.6%
37th	Serbia	$-886.7M	5.6%
38th	Honduras	$-885.6M	-230.9%
39th	Bolivia, Plurinational State of	$-862.2M	21.2%
40th	Kenya	$-841.7M	30.2%
41st	Viet Nam	$-818.9M	58.8%
42nd	Cuba	$-792.5M	23.0%
43rd	Uruguay	$-765.4M	-7.7%
44th	Senegal	$-756.6M	-6.4%
45th	Latvia	$-738.9M	14.6%
46th	French Polynesia	$-729.3M	21.6%
47th	Haiti	$-724.8M	-16.4%
48th	New Caledonia	$-712.3M	1.4%
49th	Uganda	$-691.1M	2.5%
50th	Azerbaijan	$-636.1M	55.1%
51st	Burkina Faso	$-628.7M	-46.3%
52nd	Bulgaria	$-623.9M	-160.7%
53rd	Tanzania	$-595.6M	17.5%
54th	Albania	$-556.6M	13.3%
55th	Armenia	$-536.0M	16.4%
56th	Georgia	$-533.1M	28.5%
57th	Eritrea	$-531.8M	-9.3%
58th	Turkmenistan	$-468.6M	51.2%
59th	Panama	$-465.0M	-1.6%
60th	Cambodia	$-460.4M	-12.2%
61st	Tunisia	$-446.7M	30.3%
62nd	Iceland	$-405.6M	-9.7%
63rd	Rwanda	$-356.1M	-1.6%
64th	Nepal	$-345.8M	35.6%
65th	Costa Rica	$-345.4M	38.6%
66th	Zambia	$-330.0M	-33.0%
67th	Namibia	$-318.7M	12.4%
68th	Czechia	$-311.9M	-49.2%
69th	Benin	$-307.9M	-131.9%
70th	Mali	$-296.6M	-9.1%
71st	Belarus	$-294.8M	60.1%
72nd	Philippines	$-290.5M	91.3%
73rd	Seychelles	$-281.7M	-10.5%
74th	Estonia	$-252.4M	53.5%
75th	Cabo Verde	$-231.1M	-22.0%
76th	Bahamas, The	$-214.3M	62.7%
77th	Chad	$-212.9M	-10.2%
78th	Malta	$-190.0M	26.3%
79th	Guinea-Bissau	$-188.0M	9.9%
80th	Kyrgyz Republic	$-184.8M	47.9%
81st	Madagascar	$-181.0M	8.8%
82nd	Yemen, Republic of	$-177.6M	85.6%
83rd	Togo	$-165.4M	23.1%
84th	Niger	$-153.9M	17.8%
85th	Guinea	$-152.1M	24.8%
86th	Moldova	$-150.9M	66.8%
87th	Micronesia, Federated States of	$-136.0M	2.9%
88th	Mauritius	$-134.0M	-286.5%
89th	Mongolia	$-126.1M	3.9%
90th	Lao PDR	$-120.8M	16.9%
91st	Bhutan	$-82.1M	-33.4%
92nd	Aruba	$-81.0M	-21.8%
93rd	Mauritania	$-77.0M	-53.3%
94th	Marshall Islands	$-71.8M	-2.7%
95th	Comoros	$-67.3M	-2.2%
96th	Tonga	$-58.3M	22.2%
97th	Guyana	$-55.9M	35.0%
98th	Kiribati	$-52.1M	-26.5%
99th	Belize	$-51.7M	-630.0%
100th	Central African Republic	$-47.6M	14.2%
101st	Uzbekistan	$-44.5M	-2.6%
102nd	Vanuatu	$-44.2M	-65.7%
103rd	Sierra Leone	$-40.8M	15.9%
104th	Faroe Islands	$-33.5M	-279.1%
105th	Gambia, The	$-29.5M	-7.6%
106th	Tajikistan	$-15.3M	87.3%
107th	Türkiye	$-12.8M	-100.5%
108th	Solomon Islands	$18.4M	292.6%
109th	Syrian Arab Republic	$51.6M	192.6%
110th	Cameroon	$187.2M	-0.4%
111th	Zimbabwe	$267.3M	341.9%
112th	Cyprus	$277.5M	9.0%
113th	Congo, Democratic Republic of	$287.1M	249.0%
114th	New Zealand	$293.7M	-61.0%
115th	Côte d'Ivoire	$298.4M	112.7%
116th	Congo, Republic of	$310.5M	335.9%
117th	Brunei Darussalam	$341.0M	221.4%
118th	Papua New Guinea	$355.7M	79.7%
119th	Kazakhstan	$395.6M	139.6%
120th	Colombia	$468.7M	108.1%
121st	Botswana	$628.8M	502.3%
122nd	Ecuador	$698.2M	132.8%
123rd	Paraguay	$709.7M	-0.1%
124th	Austria	$986.2M	300.7%
125th	Gabon	$1.0B	2,023.7%
126th	Bahrain	$1.1B	2,270.7%
127th	Macao SAR, China	$1.3B	-17.3%
128th	Chile	$1.5B	149.9%
129th	Oman	$1.6B	249.4%
130th	Ukraine	$1.7B	280.9%
131st	Kuwait	$2.0B	204.3%
132nd	Libya	$2.0B	591.5%
133rd	Algeria	$2.6B	8,608.3%
134th	South Africa	$3.5B	125.2%
135th	Iran, Islamic Republic of	$4.2B	198.9%
136th	Qatar	$4.3B	272.8%
137th	Luxembourg	$4.4B	15.2%
138th	Iraq	$6.3B	28.8%
139th	Hong Kong SAR, China	$8.6B	845.6%
140th	Puerto Rico (US)	$9.6B	13.3%
141st	Belgium	$10.2B	8.6%
142nd	Denmark	$10.7B	96.2%
143rd	Switzerland	$11.2B	-2.6%
144th	Indonesia	$11.3B	21.6%
145th	Norway	$11.8B	305.5%
146th	Germany	$12.0B	-54.3%
147th	Finland	$12.1B	14.4%
148th	Ireland	$12.9B	31.5%
149th	Singapore	$14.7B	-20.4%
150th	Sweden	$15.1B	-5.9%
151st	Thailand	$15.4B	-13.3%
152nd	Saudi Arabia	$18.6B	298.4%
153rd	Malaysia	$19.8B	24.9%
154th	Italy	$22.3B	-42.1%
155th	Canada	$24.5B	95.2%
156th	Korea	$26.5B	-34.4%
157th	Netherlands	$28.0B	-7.9%
158th	China	$30.6B	-30.1%
159th	Russian Federation	$33.4B	84.8%
160th	France	$40.8B	-11.6%
161st	Japan	$68.9B	-3.7%

FAQ

What was Australia's trade balance in 1999?▾

Australia's trade balance in 1999 was $-9.5B. This ranked 8th globally.

How did Australia's trade balance change in 1999?▾

Australia's trade balance decreased by 171.1% in 1999 compared to 1998.

Which country had the highest trade balance in 1999?▾

Japan had the highest trade balance in 1999 at $68.9B.

What is the trade balance of Australia in 1999?▾

The trade balance of Australia in 1999 was $-9.5B. This ranked 8th globally.

How does 1999 compare to 1998 for Australia's trade balance?▾

Australia's trade balance went from $-3.5B in 1998 to $-9.5B in 1999, a 171.1% decrease.

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