The second tab shows the deficits. Deficit: $68.2 Billion Exports: $191.9 Billion Imports: $260.2 Billion. Therefore, the services trade surplus for the year was 248.2 billion ISK compared with 246.6 billion ISK in 2018 at current exchange rates. China Trade Balance recorded a surplus of 37.9 USD bn in Feb 2021, compared with a surplus of 65.4 USD bn in the previous month. January 2021 Trade in Goods and Services. Budget surplus (+) or deficit (-) 2019 Country Ranks, by Rank Translate Español 简体中国 Français Deutsch Русские हिन् العربية Português Menu: Countries of the World Country Rankings Geology USA Statistics Chine Statistics Country Codes Airport Codes Religion Jobs U.S. trade deficit (in billions, goods and services) by country in 2017 This is a list of the 20 countries and territories with the largest deficit in current account balance (CAB), based on data from 2017 est. China posted an overall $429.6 billion trade surplus in 2019 up by 19.6% from $359.2 billion in black ink during 2018 but down by -27.7% from a $593.9 billion surplus five years earlier in 2015. In 2019, the value of exports of services was 693.4 billion ISK and the imports of services 445.2 billion ISK. China Trade Balance data is updated monthly, available from Jan 1981 to Feb 2021, with an averaged value of 2.3 USD bn. as listed in the CIA World Factbook . Please note that the Census provides trade data by country for goods only, not services. The current account balance of payments is a record of a country's international transactions with the rest of the world. The data reached an all-time high of 78.2 USD bn in Dec 2020 and a record low of -62.1 USD bn in Feb 2020. Indonesia recorded a $540 million trade surplus in March 2019 with imports including raw materials and auxiliary goods to the United States, Japan, and China, the Jakarta Post reported. The first tab shows the volume of goods traded by each country. The chart below shows the trade for the top five U.S. trading partners as of 2019. Germany remains on the monitoring list for a third year, and Treasury noted it has “the world's largest current account surplus,” and a US$68 billion trade surplus with the United States in 2018. Throughout the year, imports and exports continue to move back-and-forth based on consumer needs or desires. January saw Canada post its first trade surplus since May 2019 as exports surged higher to start the year. Jun 3, 2019 Jun 5, 2019 by Brandon Gaille. The current account includes all the transactions (other than those in financial items) that involve economic values and occur between resident and non-resident entities. When businesses and industries in different countries trade with each other, a financial transaction occurs. 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