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United Kingdom - Trade Balance 2003

Name: United Kingdom Trade Balance 2003
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-43.9B −$1.4B from 2002 Global rank: 2nd

United Kingdom's trade balance was $-43.9B in 2003, decreased +$1.4B from $-42.5B in 2002. This was the 2nd highest globally.

Global Ranking - 2003▾

Trade Balance by Country - 2003
Rank	Country	Value	YoY
1st	United States	$-522.0B	-18.7%
2nd	United Kingdom	$-43.9B	-3.4%
3rd	Spain	$-20.0B	-43.1%
4th	Greece	$-20.0B	-43.2%
5th	Mexico	$-10.6B	12.9%
6th	Portugal	$-10.6B	3.8%
7th	Australia	$-9.8B	-58,406.9%
8th	Poland	$-6.0B	15.6%
9th	Romania	$-4.5B	-71.2%
10th	Viet Nam	$-4.3B	-71.6%
11th	India	$-4.2B	16.1%
12th	Lebanon	$-4.1B	-14.7%
13th	Croatia	$-3.6B	-45.4%
14th	Hungary	$-3.5B	-141.9%
15th	Bosnia and Herzegovina	$-3.3B	-22.9%
16th	Serbia	$-3.3B	-17.1%
17th	Colombia	$-3.2B	3.0%
18th	Guatemala	$-3.2B	-13.2%
19th	Bangladesh	$-2.9B	-27.1%
20th	Philippines	$-2.6B	20.2%
21st	El Salvador	$-2.2B	-15.1%
22nd	Iran, Islamic Republic of	$-2.2B	-356.7%
23rd	Bulgaria	$-2.2B	-64.6%
24th	Jordan	$-2.1B	-16.2%
25th	Egypt, Arab Republic of	$-2.1B	44.0%
26th	West Bank and Gaza	$-2.0B	-14.0%
27th	Israel	$-2.0B	57.7%
28th	Morocco	$-1.7B	-51.6%
29th	Azerbaijan	$-1.7B	-277.1%
30th	Mozambique	$-1.6B	10.6%
31st	Czechia	$-1.5B	-39.3%
32nd	Latvia	$-1.5B	-52.3%
33rd	Albania	$-1.4B	-22.7%
34th	Senegal	$-1.3B	-29.4%
35th	Ghana	$-1.2B	-60.9%
36th	Honduras	$-1.2B	-17.5%
37th	Sri Lanka	$-1.1B	-5.8%
38th	Nicaragua	$-1.1B	-3.7%
39th	Lithuania	$-1.1B	-34.3%
40th	Guam	$-1.0B	-14.4%
41st	New Caledonia	$-1.0B	-35.6%
42nd	Haiti	$-946.0M	-23.2%
43rd	Tunisia	$-939.8M	-7.7%
44th	Chad	$-935.7M	53.6%
45th	Uganda	$-912.6M	-6.6%
46th	Kenya	$-888.1M	-25.6%
47th	Estonia	$-834.6M	-52.9%
48th	Nepal	$-813.3M	-25.0%
49th	North Macedonia	$-779.4M	-2.4%
50th	Belarus	$-682.6M	-24.8%
51st	Moldova	$-662.2M	-60.0%
52nd	Georgia	$-587.6M	-31.4%
53rd	Cambodia	$-586.3M	-31.7%
54th	Burkina Faso	$-565.4M	-14.9%
55th	Congo, Democratic Republic of	$-539.0M	-404.8%
56th	Zambia	$-536.5M	-20.1%
57th	Armenia	$-535.7M	-23.1%
58th	Timor-Leste	$-532.5M	31.2%
59th	Eritrea	$-531.9M	-37.5%
60th	Namibia	$-448.0M	-543.9%
61st	Madagascar	$-423.3M	-20.7%
62nd	Sudan	$-413.3M	18.8%
63rd	Sierra Leone	$-391.6M	6.2%
64th	Pakistan	$-360.6M	38.9%
65th	Mauritania	$-350.1M	-172.2%
66th	Costa Rica	$-342.7M	-5.2%
67th	Iceland	$-337.7M	-326.7%
68th	Zimbabwe	$-324.3M	-62.7%
69th	Mali	$-319.2M	-478.2%
70th	Rwanda	$-294.2M	1.9%
71st	Cabo Verde	$-293.1M	-31.2%
72nd	Montenegro	$-279.7M	11.2%
73rd	Lao PDR	$-274.6M	-60.2%
74th	Togo	$-266.9M	-26.8%
75th	Mongolia	$-248.8M	-4.4%
76th	Cuba	$-245.3M	56.4%
77th	Niger	$-232.0M	-19.2%
78th	Benin	$-231.5M	-27.9%
79th	Faroe Islands	$-221.0M	-3,396.3%
80th	Cameroon	$-218.7M	29.8%
81st	Slovak Republic	$-208.3M	90.8%
82nd	Malta	$-198.4M	-277.3%
83rd	Greenland	$-182.5M	-
84th	Yemen, Republic of	$-177.2M	-127.6%
85th	Bhutan	$-157.4M	-15.1%
86th	Tajikistan	$-152.5M	4.4%
87th	Aruba	$-149.9M	-86.2%
88th	Micronesia, Federated States of	$-141.0M	-8.5%
89th	Panama	$-136.1M	-190.2%
90th	Kyrgyz Republic	$-126.1M	-109.0%
91st	Comoros	$-98.9M	-28.0%
92nd	Slovenia	$-94.1M	-140.4%
93rd	Guinea-Bissau	$-78.4M	-0.2%
94th	Marshall Islands	$-74.2M	-18.0%
95th	Guyana	$-72.9M	17.2%
96th	Tonga	$-69.7M	-2.1%
97th	Kiribati	$-68.5M	-4.7%
98th	Belize	$-68.4M	5.8%
99th	Bolivia, Plurinational State of	$-61.9M	87.1%
100th	American Samoa	$-61.0M	-38.6%
101st	Solomon Islands	$-49.9M	-588.0%
102nd	Samoa	$-46.9M	14.8%
103rd	Tanzania	$-39.9M	-126.6%
104th	Gambia, The	$-32.5M	-5.5%
105th	Dominican Republic	$-30.7M	98.4%
106th	Vanuatu	$-15.8M	15.1%
107th	Central African Republic	$2.8M	106.6%
108th	Guinea	$26.6M	136.2%
109th	Seychelles	$46.6M	276.0%
110th	Bahamas, The	$49.4M	-73.2%
111th	Türkiye	$66.8M	-98.9%
112th	Mauritius	$110.3M	-32.9%
113th	Turkmenistan	$120.2M	-62.1%
114th	Iraq	$120.8M	-98.3%
115th	Congo, Republic of	$166.9M	-80.1%
116th	Cyprus	$221.1M	65.5%
117th	Peru	$237.7M	162.0%
118th	Northern Mariana Islands	$344.0M	-11.1%
119th	Uruguay	$374.1M	126.4%
120th	Ecuador	$410.6M	145.1%
121st	Virgin Islands (US)	$543.0M	42.5%
122nd	Papua New Guinea	$544.1M	522.9%
123rd	Uzbekistan	$609.7M	118.0%
124th	Syrian Arab Republic	$626.2M	-61.5%
125th	Botswana	$887.8M	30.8%
126th	Côte d'Ivoire	$897.2M	-27.1%
127th	Angola	$904.9M	-38.0%
128th	Paraguay	$1.0B	-9.3%
129th	Ukraine	$1.3B	-30.4%
130th	Gabon	$1.5B	40.5%
131st	New Zealand	$1.6B	-23.1%
132nd	Kazakhstan	$1.7B	13,435.5%
133rd	Bahrain	$1.8B	33.3%
134th	Brunei Darussalam	$2.0B	56.3%
135th	Macao SAR, China	$2.9B	14.5%
136th	Chile	$3.4B	137.4%
137th	Oman	$3.7B	-14.0%
138th	South Africa	$4.2B	-5.3%
139th	Luxembourg	$6.1B	18.0%
140th	Libya	$6.3B	188.5%
141st	Italy	$7.2B	-25.6%
142nd	Austria	$7.2B	-8.7%
143rd	Qatar	$7.8B	25.4%
144th	Kuwait	$8.4B	176.4%
145th	Thailand	$9.7B	13.9%
146th	Algeria	$10.0B	67.4%
147th	Korea	$10.7B	53.6%
148th	Finland	$11.3B	-10.2%
149th	United Arab Emirates	$11.9B	82.1%
150th	Brazil	$12.4B	188.6%
151st	Argentina	$14.3B	-2.4%
152nd	Hong Kong SAR, China	$14.7B	8.2%
153rd	Denmark	$14.8B	21.1%
154th	Belgium	$17.0B	18.2%
155th	Indonesia	$17.2B	39.9%
156th	Sweden	$17.9B	27.5%
157th	Switzerland	$18.5B	12.0%
158th	Puerto Rico (US)	$21.4B	17.8%
159th	Malaysia	$21.7B	24.7%
160th	Ireland	$24.9B	12.9%
161st	Singapore	$27.3B	60.1%
162nd	Norway	$29.9B	13.6%
163rd	France	$30.7B	-11.6%
164th	Canada	$34.9B	3.9%
165th	China	$35.8B	-4.2%
166th	Netherlands	$41.8B	17.8%
167th	Saudi Arabia	$47.2B	43.9%
168th	Russian Federation	$48.9B	31.4%
169th	Japan	$72.6B	37.3%
170th	Germany	$91.8B	7.8%

FAQ

What was United Kingdom's trade balance in 2003?▾

United Kingdom's trade balance in 2003 was $-43.9B. This ranked 2nd globally.

How did United Kingdom's trade balance change in 2003?▾

United Kingdom's trade balance decreased by 3.4% in 2003 compared to 2002.

Which country had the highest trade balance in 2003?▾

Germany had the highest trade balance in 2003 at $91.8B.

What is the trade balance of United Kingdom in 2003?▾

The trade balance of United Kingdom in 2003 was $-43.9B. This ranked 2nd globally.

How does 2003 compare to 2002 for United Kingdom's trade balance?▾

United Kingdom's trade balance went from $-42.5B in 2002 to $-43.9B in 2003, a 3.4% decrease.

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