Iran, Islamic Republic of - Trade Balance 1988

External balance on goods and services · World Bank
$-8.6B −$9.2B from 1987 Global rank: 3rd

Iran, Islamic Republic of's trade balance was $-8.6B in 1988, decreased +$9.2B from $576.2M in 1987. This was the 3rd highest globally.

Global Ranking - 1988
Trade Balance by Country - 1988
RankCountryValueYoY
1st United States $-109.4B 24.4%
2nd United Kingdom $-27.5B -460.2%
3rd Iran, Islamic Republic of $-8.6B -1,597.9%
4th Spain $-7.9B -189.7%
5th Egypt, Arab Republic of $-6.2B -52.9%
6th Germany $-5.1B -15.3%
7th Greece $-4.6B -37.4%
8th Portugal $-4.5B -89.2%
9th India $-4.2B -9.7%
10th Algeria $-4.2B -51.7%
11th China $-4.1B -1,495.5%
12th France $-3.8B 45.4%
13th Saudi Arabia $-3.4B 36.3%
14th Cuba $-3.0B -9.6%
15th Viet Nam $-2.8B 12.8%
16th Israel $-2.8B 19.9%
17th Pakistan $-2.1B -21.7%
18th Iraq $-2.0B -18.8%
19th Bangladesh $-1.8B -11.2%
20th Australia $-1.6B 48.5%
21st Jordan $-1.3B 19.9%
22nd Mongolia $-1.2B 3.9%
23rd Nicaragua $-1.1B -1,283.3%
24th Syrian Arab Republic $-975.4M 35.3%
25th Norway $-862.1M 62.2%
26th Thailand $-856.9M -402.8%
27th Sri Lanka $-750.9M -7.0%
28th Senegal $-679.2M 2.5%
29th Uganda $-664.2M -8.1%
30th Ecuador $-607.0M 37.8%
31st Sudan $-562.2M 17.3%
32nd Austria $-561.0M -993.5%
33rd Peru $-466.7M 37.4%
34th Guatemala $-457.4M -0.2%
35th Kenya $-437.2M -7.7%
36th Haiti $-422.8M -
37th Burkina Faso $-422.0M -6.5%
38th Mali $-383.1M -18.2%
39th Nepal $-381.3M -41.8%
40th Finland $-378.1M -179.6%
41st Georgia $-361.2M -801.4%
42nd Papua New Guinea $-317.1M -55.0%
43rd Ghana $-305.6M 7.7%
44th Benin $-296.2M -20.9%
45th El Salvador $-271.3M 3.6%
46th Rwanda $-263.1M -4.3%
47th Cyprus $-232.2M -110.1%
48th Togo $-231.1M -39.7%
49th Chad $-223.7M 8.4%
50th Bolivia, Plurinational State of $-201.0M -6.0%
51st Gabon $-194.1M -134.2%
52nd Malta $-192.0M -23.4%
53rd Somalia, Fed. Rep. $-180.3M 27.2%
54th Guinea-Bissau $-165.6M -32.8%
55th Dominican Republic $-128.4M 68.5%
56th Seychelles $-125.8M -39.8%
57th Faroe Islands $-125.4M -4.8%
58th Niger $-120.6M -23.3%
59th Solomon Islands $-120.0M -78.1%
60th Cabo Verde $-113.1M -0.9%
61st Lao PDR $-109.4M -26.9%
62nd Madagascar $-106.1M -78.6%
63rd Mauritius $-105.9M -373.8%
64th Guinea $-100.2M -629.0%
65th Central African Republic $-92.5M 28.1%
66th Costa Rica $-82.5M 56.0%
67th Bulgaria $-74.5M 85.6%
68th Comoros $-60.8M -7.4%
69th Albania $-60.3M -2,805.5%
70th Iceland $-60.1M 4.1%
71st Bhutan $-59.7M -62.3%
72nd Mauritania $-52.1M 45.2%
73rd Tonga $-46.9M -70.7%
74th Morocco $-37.1M 96.4%
75th Vanuatu $-36.5M 1.9%
76th Kiribati $-27.1M -0.1%
77th Honduras $-23.2M 57.4%
78th Gambia, The $-21.6M 0.9%
79th Belize $-21.3M -128.8%
80th Guyana $-17.8M 55.2%
81st Congo, Republic of $4.4M -93.9%
82nd Cameroon $8.7M 101.7%
83rd Tunisia $36.4M 137.9%
84th Namibia $37.5M 133.2%
85th Panama $115.3M 143.7%
86th Sierra Leone $151.2M 161.1%
87th Zimbabwe $264.3M 43.0%
88th Côte d'Ivoire $266.4M -30.7%
89th Philippines $291.3M 381.0%
90th Uruguay $355.0M 97.2%
91st Macao SAR, China $380.9M 5.1%
92nd Italy $400.1M -87.8%
93rd Paraguay $497.6M 4,665.5%
94th Bahrain $660.6M 30.1%
95th Botswana $703.2M 34.1%
96th Oman $725.6M -53.1%
97th Luxembourg $862.1M 37.9%
98th Colombia $952.7M -35.1%
99th Kuwait $956.9M -72.3%
100th Türkiye $1.0B 152.7%
101st Chile $1.7B 204.6%
102nd New Zealand $1.8B 99.1%
103rd Puerto Rico (US) $2.1B 55.7%
104th Ireland $2.3B 60.7%
105th Indonesia $2.4B 44.1%
106th Singapore $2.4B 290.7%
107th Mexico $2.5B -70.3%
108th Switzerland $2.7B 5.3%
109th Sweden $3.2B -1.1%
110th Malaysia $3.6B -19.3%
111th Canada $3.8B -23.7%
112th Belgium $3.9B 43.1%
113th Denmark $4.0B 78.7%
114th Argentina $4.2B 1,201.6%
115th Hong Kong SAR, China $5.3B 1.1%
116th South Africa $6.0B -29.7%
117th Netherlands $11.2B 14.8%
118th Korea $12.2B 28.1%
119th Brazil $17.1B 78.4%
120th Japan $60.3B -14.0%

FAQ

What was Iran, Islamic Republic of's trade balance in 1988?

Iran, Islamic Republic of's trade balance in 1988 was $-8.6B. This ranked 3rd globally.

How did Iran, Islamic Republic of's trade balance change in 1988?

Iran, Islamic Republic of's trade balance decreased by 1,597.9% in 1988 compared to 1987.

Which country had the highest trade balance in 1988?

Japan had the highest trade balance in 1988 at $60.3B.

What is the trade balance of Iran, Islamic Republic of in 1988?

The trade balance of Iran, Islamic Republic of in 1988 was $-8.6B. This ranked 3rd globally.

How does 1988 compare to 1987 for Iran, Islamic Republic of's trade balance?

Iran, Islamic Republic of's trade balance went from $576.2M in 1987 to $-8.6B in 1988, a 1,597.9% decrease.