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United States - Trade Balance 1979

Name: United States Trade Balance 1979
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-22.5B +$2.8B from 1978 Global rank: 2nd

United States's trade balance was $-22.5B in 1979, increased +$2.8B from $-25.4B in 1978. This was the 2nd highest globally.

Global Ranking - 1979▾

Trade Balance by Country - 1979
Rank	Country	Value	YoY
1st	Germany	$-31.6B	-122.4%
2nd	United States	$-22.5B	11.1%
3rd	Japan	$-10.2B	-163.0%
4th	Korea	$-4.9B	-118.9%
5th	Brazil	$-4.6B	-93.4%
6th	Ireland	$-3.0B	-97.4%
7th	Egypt, Arab Republic of	$-3.0B	-42.9%
8th	Israel	$-2.9B	-16.5%
9th	Türkiye	$-2.4B	-15.3%
10th	Greece	$-2.4B	-6.7%
11th	Cuba	$-2.3B	-10.2%
12th	Portugal	$-2.2B	1.6%
13th	India	$-2.2B	-478.6%
14th	Pakistan	$-2.1B	-31.5%
15th	Morocco	$-2.0B	-12.8%
16th	Belgium	$-2.0B	-151.5%
17th	Thailand	$-1.8B	-81.4%
18th	Jordan	$-1.7B	-41.0%
19th	Mexico	$-1.7B	-190.7%
20th	Denmark	$-1.7B	-25.3%
21st	Syrian Arab Republic	$-1.7B	-10.2%
22nd	China	$-1.6B	-7.7%
23rd	Bangladesh	$-1.5B	-14.4%
24th	Australia	$-1.4B	-23.6%
25th	Puerto Rico (US)	$-1.4B	24.3%
26th	Austria	$-1.2B	-28.9%
27th	Spain	$-885.9M	-1,227.9%
28th	Sudan	$-791.3M	-33.5%
29th	Chile	$-745.8M	-21.5%
30th	Sweden	$-592.1M	-142.8%
31st	Algeria	$-570.9M	85.2%
32nd	Madagascar	$-547.7M	-197.0%
33rd	Dominican Republic	$-535.6M	-4.6%
34th	Singapore	$-525.8M	-87.8%
35th	Panama	$-517.3M	-105.3%
36th	Senegal	$-495.0M	-4.6%
37th	Cameroon	$-424.0M	-103.6%
38th	Costa Rica	$-414.5M	-49.9%
39th	Sri Lanka	$-405.2M	-210.5%
40th	Burkina Faso	$-367.8M	-22.9%
41st	Kenya	$-365.2M	29.4%
42nd	Togo	$-345.6M	0.6%
43rd	New Zealand	$-321.5M	-333.1%
44th	Uruguay	$-311.2M	-174.7%
45th	Guatemala	$-310.8M	11.5%
46th	Somalia, Fed. Rep.	$-302.4M	-76.9%
47th	Lesotho	$-294.5M	-50.7%
48th	Côte d'Ivoire	$-279.7M	-287.2%
49th	Cyprus	$-246.0M	-23.9%
50th	Mali	$-243.0M	-9.0%
51st	Benin	$-231.4M	-38.2%
52nd	Tunisia	$-214.8M	53.7%
53rd	Paraguay	$-187.8M	-98.6%
54th	Niger	$-175.7M	-86.9%
55th	Chad	$-169.3M	-31.7%
56th	Mauritania	$-142.7M	3.3%
57th	Bolivia, Plurinational State of	$-142.4M	49.6%
58th	Mauritius	$-142.4M	-13.7%
59th	Guinea-Bissau	$-105.6M	-16.9%
60th	Botswana	$-91.2M	6.1%
61st	Central African Republic	$-89.0M	-39.3%
62nd	Sierra Leone	$-79.7M	-98.1%
63rd	Nepal	$-77.4M	1.5%
64th	Seychelles	$-62.6M	-46.6%
65th	Gambia, The	$-58.6M	-30.1%
66th	Faroe Islands	$-55.1M	-43.8%
67th	Malta	$-52.4M	5.4%
68th	Guyana	$-50.0M	-62,350.0%
69th	Zimbabwe	$-44.6M	-150.3%
70th	Ecuador	$-37.3M	91.8%
71st	Tonga	$-19.5M	-20.2%
72nd	Rwanda	$-18.9M	76.8%
73rd	Honduras	$-15.5M	46.9%
74th	Congo, Republic of	$-14.6M	90.4%
75th	El Salvador	$-5.9M	98.0%
76th	Papua New Guinea	$-2.5M	96.3%
77th	Kiribati	$720,960	-81.7%
78th	Ghana	$2.8M	105.9%
79th	Iceland	$29.4M	-58.4%
80th	Uganda	$40.0M	131.7%
81st	Bahamas, The	$98.8M	-21.6%
82nd	Argentina	$125.4M	-95.1%
83rd	Nicaragua	$217.8M	223.9%
84th	Hong Kong SAR, China	$291.2M	56.8%
85th	Finland	$464.1M	-58.6%
86th	Colombia	$494.9M	-24.8%
87th	Luxembourg	$572.7M	64.4%
88th	Gabon	$638.9M	80.2%
89th	Oman	$759.7M	189.0%
90th	Canada	$1.0B	114.3%
91st	Norway	$1.1B	1,542.1%
92nd	Peru	$1.3B	1,542.7%
93rd	Switzerland	$1.5B	-69.6%
94th	Malaysia	$1.9B	106.8%
95th	Brunei Darussalam	$2.3B	45.1%
96th	United Kingdom	$3.0B	-46.1%
97th	Indonesia	$3.3B	534.5%
98th	Netherlands	$3.4B	11.8%
99th	Italy	$4.2B	-36.6%
100th	France	$4.8B	-33.5%
101st	South Africa	$5.3B	73.5%
102nd	Iran, Islamic Republic of	$9.7B	887.3%
103rd	Iraq	$11.8B	99.0%
104th	Kuwait	$12.2B	155.8%
105th	Saudi Arabia	$23.1B	272.1%

FAQ

What was United States's trade balance in 1979?▾

United States's trade balance in 1979 was $-22.5B. This ranked 2nd globally.

How did United States's trade balance change in 1979?▾

United States's trade balance increased by 11.1% in 1979 compared to 1978.

Which country had the highest trade balance in 1979?▾

Saudi Arabia had the highest trade balance in 1979 at $23.1B.

What is the trade balance of United States in 1979?▾

The trade balance of United States in 1979 was $-22.5B. This ranked 2nd globally.

How does 1979 compare to 1978 for United States's trade balance?▾

United States's trade balance went from $-25.4B in 1978 to $-22.5B in 1979, a 11.1% increase.

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