This page provides forecasts for Balance of Trade including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Last Q4/18 Q1/19 Q2/19 Q3/19
United States -54019.00 Sep/18 -45000 -52000 -44000 -56000
Euro Area 11671.20 Aug/18 27000 30500 29000 20800
China 340.16 Oct/18 560 150 210 190
Japan 139.56 Sep/18 62.98 -122 4.08 -167
Germany 18395.00 Sep/18 17400 24000 23600 17200
United Kingdom -27.00 Sep/18 -1400 -1700 -1900 -2300
India -13980.00 Sep/18 -14900 -14800 -15337 -14771
France -5663.00 Sep/18 -2980 -3200 -2800 -2200
Brazil 6121.36 Oct/18 4500 7000 5900 4900
Italy 2564.00 Aug/18 5100 6800 1800 4400
Canada -416.30 Sep/18 -1700 -1500 -1100 -3000
Russia 18485.00 Sep/18 15200 11000 9000 9800
South Korea 6552.00 Oct/18 3200 4230 5440 6450
Australia 3017.00 Sep/18 2000 3088 3099 3101
Spain -3057300.00 Aug/18 -2100000 -1400000 -1500000 -2500000
Mexico -194.00 Sep/18 500 -500 -1000 -800
Indonesia -1819.90 Oct/18 1700 -600 300 1500
Turkey -1869.47 Sep/18 -3900 -600 -1000 -900
Netherlands 4949.00 Sep/18 4520 6700 7100 4528
Last Q4/18 Q1/19 Q2/19 Q3/19
Afghanistan -6960.70 Dec/17 -5706 -6047 -6047 -6047
Albania -24721.00 Sep/18 -39000 -28900 -33400 -27261
Algeria -390.00 Mar/18 -467 -478 -492 -493
Angola 6927.45 Mar/18 5429 5863 5477 5129
Argentina 314.00 Sep/18 -1900 -1050 -1160 -1150
Armenia -211.50 Sep/18 -187 -200 -201 -205
Aruba -504.00 Mar/18 -556 -505 -486 -491
Australia 3017.00 Sep/18 2000 3088 3099 3101
Austria -587.00 Aug/18 -696 -535 -820 -404
Azerbaijan 2605062.00 Jun/18 2214500 2137000 2172500 2407500
Bahamas -635.10 Jun/18 -625 -622 -635 -640
Bahrain -263.20 Dec/17 -300 -200 -200 -200
Bangladesh -109.40 Jun/18 -120 -183 -174 -154
Barbados -212306.00 Dec/17 -200067 -199999 -200026 -200018
Belarus 3.00 Sep/18 -340 -220 -230 -55
Belgium 415.50 Aug/18 790 2400 2820 1452
Belize -149.60 Aug/18 -109 -115 -113 -112
Benin -190.39 Mar/18 -332 -253 -249 -314
Bhutan -9979.30 Mar/18 -6600 -8900 -10100 -8300
Bolivia 2.71 Jul/18 -40 -40 -20 17.51
Bosnia and Herzegovina -594088.12 Sep/18 -626975 -629049 -629317 -629302
Botswana 2425.30 May/18 1004 1055 991 972
Brazil 6121.36 Oct/18 4500 7000 5900 4900
Brunei 366.70 Jul/18 226 218 208 216
Bulgaria -112.40 Sep/18 -780 -590 0 -158
Burkina Faso -86.40 Mar/16 -65.51 -65.51 -65.51 -65.51
Burundi -78936.10 Jun/18 -90828 -91032 -90576 -91170
Cambodia -1954.20 May/18 680 300 680 1010
Cameroon -1089.50 Dec/17 -596 -601 -596 -591
Canada -416.30 Sep/18 -1700 -1500 -1100 -3000
Cape Verde -7180.10 Jul/18 -8411 -8396 -8580 -8686
Cayman Islands -848.30 Dec/17 -855 -865 -865 -865
Central African Republic -29.80 Jun/14 -25.68 -23.58 -25.68 -23.58
Chad -291.70 Dec/16 -1165 -1176 -1165 -1154
Chile -220.00 Oct/18 -50 50 100 200
China 340.16 Oct/18 560 150 210 190
Colombia -0.50 Sep/18 -0.5 -0.5 -0.6 -0.64
Comoros -92569.00 Dec/17 -98255 -96999 -98255 -99511
Congo -228.50 Dec/16 1873 374 669 965
Costa Rica -258.50 Sep/18 -363 -371 -372 -366
Croatia -5132.79 Sep/18 -3860 -5770 -5450 -5549
Cuba -7953.00 Dec/16 -9200 -8122 -8214 -8306
Cyprus -397665.00 Sep/18 -474000 -450000 -133000 -404890
Czech Republic 39711.47 Sep/18 16000 50000 38000 26423
Denmark 5388.20 Sep/18 1461 9500 7400 3210
Djibouti -111187.00 Dec/17 -91203 -88468 -91203 -93939
Dominican Republic -793.60 Jun/18 -625 -653 -648 -633
East Timor -49837.51 Aug/18 -46090 -45892 -45712 -46201
Ecuador -73160.00 Sep/18 30000 100000 40000 -157607
Egypt -3952.00 Aug/18 -3300 -2620 -3884 -3898
El Salvador -582.57 Sep/18 -518 -514 -515 -515
Eritrea -702.00 Dec/16 -200 -651 -653 -655
Estonia -76.00 Sep/18 -210 -210 -170 -124
Ethiopia -2806.20 Mar/18 -3021 -2863 -2806 -2913
Euro Area 11671.20 Aug/18 27000 30500 29000 20800
European Union -8384.70 Aug/18 14760 10560 7000 2400
Faroe Islands 41404.00 Jun/18 86962 86021 86371 86404
Fiji -314191.00 Jul/18 -270194 -268834 -268337 -268429
Finland -160.00 Sep/18 142 -200 -240 -215
France -5663.00 Sep/18 -2980 -3200 -2800 -2200
Gabon 1204.87 Dec/16 2200 2196 2200 2203
Gambia -72.00 Mar/18 -40.51 -79.5 -69.43 -28.99
Georgia -565.00 Oct/18 -482 -479 -490 -493
Germany 18395.00 Sep/18 17400 24000 23600 17200
Ghana 540.50 Jun/18 -896 904 668 584
Greece -1872.40 Sep/18 -1700 -2110 -1470 -1380
Guatemala -773.70 Jul/18 -748 -746 -746 -746
Guinea -426.33 Jun/18 -201 -239 -152 -110
Guinea Bissau -14.10 Dec/17 -13.5 -13.55 -13.5 -13.43
Guyana -115.20 Jun/18 -100 -72 -45 -85
Haiti -268.78 Jul/18 -295 -292 -293 -294
Honduras -578.62 Aug/18 -510 -400 -455 -595
Hong Kong -47715.00 Sep/18 -51946 -53164 -52089 -51916
Hungary 88000.00 Sep/18 130000 40000 320000 149149
Iceland -11700.00 Oct/18 -25900 -8700 -14000 -13019
India -13980.00 Sep/18 -14900 -14800 -15337 -14771
Indonesia -1819.90 Oct/18 1700 -600 300 1500
Iran 12983.00 Jun/18 4545 2101 790 1408
Iraq 18793.00 Dec/17 32536 32903 32536 32169
Ireland 4386300.00 Aug/18 4100000 6200000 4900000 5200000
Israel -3004.10 Oct/18 -1227 -1484 -2278 -2256
Italy 2564.00 Aug/18 5100 6800 1800 4400
Ivory Coast -15.23 Jun/18 122 120 120 120
Jamaica -1037303.00 Jun/18 -1615000 -1663500 -2162500 -982973
Japan 139.56 Sep/18 62.98 -122 4.08 -167
Jordan -708545.50 Aug/18 -743595 -743195 -744860 -745700
Kazakhstan 2253.80 Aug/18 2941 3063 3166 3208
Kenya -98835.30 Aug/18 -69594 -97317 -98895 -97315
Kosovo -257304.00 Sep/18 -268500 -231600 -216500 -245224
Kuwait 2645.00 Jun/18 2565 2574 2558 2539
Kyrgyzstan -260.40 Aug/18 -187 -256 -257 -257
Laos -416.14 Dec/17 -394 -409 -413 -424
Latvia -349.10 Sep/18 -210 -190 -310 -228
Lebanon -1591.49 Aug/18 -1655 -1654 -1654 -1654
Lesotho -2276.71 Jun/18 -2432 -2371 -2344 -2387
Liberia -62.70 Jul/18 -52.51 -52.55 -52.51 -52.51
Libya 6712.00 Dec/17 -4259 -4362 -4259 -4157
Liechtenstein 376761.00 Jun/18 365559 397992 380688 364486
Lithuania -275.60 Sep/18 -30 -100 -150 -267
Luxembourg -0.51 Jul/18 -0.62 -0.67 -0.37 -0.54
Macau -6668191.92 Sep/18 -6414198 -6648443 -6409415 -6647698
Macedonia -88756.00 Sep/18 -237000 -165000 -148000 -119943
Madagascar -409670.00 Jun/18 -318557 -316317 -317270 -317275
Malawi -101999.00 Nov/17 -94717 -94601 -94149 -94258
Malaysia 15300.00 Sep/18 8000 10200 11700 8950
Maldives -216.70 Jun/18 -208 -216 -221 -220
Mali -356.64 Dec/17 -263 -277 -273 -246
Malta -171900.00 Sep/18 -114500 -209500 -196500 -154261
Mauritania -145.57 Dec/17 -108 -101 -136 -94.87
Mauritius -9617.00 Aug/18 -9387 -9364 -9350 -9355
Mexico -194.00 Sep/18 500 -500 -1000 -800
Moldova -266.60 Sep/18 -210 -210 -213 -265
Monaco -488.90 Jun/18 -511 -434 -670 -824
Mongolia 62.48 Sep/18 85 95 105 135
Montenegro -174987.00 Sep/18 -194400 -169000 -187700 -160424
Morocco -14734.00 Sep/18 -15845 -15857 -16083 -16010
Mozambique -161.00 Jun/18 -198 -86.04 -247 -1558
Myanmar -199.88 Jul/18 -271 -510 -413 -325
Namibia -2805.60 Jun/18 -3503 -3351 -2420 -2915
Nepal -113688.70 Jul/18 -89000 -89900 -90750 -90700
Netherlands 4949.00 Sep/18 4520 6700 7100 4528
New Caledonia -10981.00 Sep/18 -8349 -8218 -8190 -8193
New Zealand -1559.87 Sep/18 -450 400 -500 -1550
Nicaragua -127.00 Jun/18 -180 -195 -195 -195
Niger -282834.00 Mar/18 -182966 -199847 -183428 -171161
Nigeria 887641.12 Jun/18 -37000 787497 787656 787742
North Korea -1688.00 Dec/17 -1760 -1797 -1760 -1722
Norway 34899.00 Oct/18 27800 25400 6300 22859
Oman 552.50 Jun/18 167 472 472 471
Pakistan -383118.00 Oct/18 -603450 -630050 -662750 -628800
Palestine -404.60 Aug/18 -382 -381 -383 -383
Panama -952396.00 Sep/18 -1115000 -1018500 -978000 -1019000
Papua New Guinea 5067.00 Mar/18 5582 5196 5568 5234
Paraguay -429774.00 Oct/18 -325000 50000 -195000 -185000
Peru 462.80 Sep/18 1200 950 1280 1180
Philippines -3927000.00 Sep/18 -3120000 -3020000 -2890000 -3220000
Poland -449.00 Sep/18 500 300 500 -480
Portugal -1203.00 Sep/18 -1430 -800 -940 -1180
Puerto Rico 880.20 Sep/18 -1200 700 700 710
Qatar 15459.00 Sep/18 14927 15590 15340 15253
Romania -970.90 Sep/18 -1670 -890 -1630 -1046
Russia 18485.00 Sep/18 15200 11000 9000 9800
Rwanda -122.60 Aug/18 -122 -122 -122 -122
Sao Tome and Principe -31.33 Jun/18 -29.33 -31.11 -30.39 -30.57
Saudi Arabia 162782.00 Jun/18 162000 150000 135500 126500
Senegal -135.00 Aug/18 -197 -187 -192 -195
Serbia -467.90 Sep/18 -680 -360 -610 -487
Seychelles -20.84 Sep/18 -40.39 -38.46 -37.05 -38.64
Sierra Leone -54.39 Oct/16 -65.91 -66.05 -65.89 -65.94
Singapore 3685.26 Sep/18 6100 5400 3200 5250
Slovakia 437.00 Sep/18 70 360 130 290
Slovenia 17.90 Sep/18 -90 170 70 47.41
Somalia -2148.66 Dec/17 -2202 -2174 -2202 -2230
South Africa -2950.00 Sep/18 472 -1578 -1307 -1408
South Korea 6552.00 Oct/18 3200 4230 5440 6450
South Sudan -2050.40 Dec/16 -420 -2649 -2659 -2670
Spain -3057300.00 Aug/18 -2100000 -1400000 -1500000 -2500000
Sri Lanka -849.80 Aug/18 -830 -920 -995 -930
Sudan -217566.00 Jun/18 -538186 -538628 -532797 -529860
Suriname 12.70 Jun/18 -14.17 -39.93 -23.66 -27.49
Swaziland 781.80 Mar/18 -517 -1131 -1508 -905
Sweden 1400.00 Sep/18 -3700 1600 6000 -600
Switzerland 1447.00 Sep/18 3200 1790 2030 1900
Syria -1909953.00 Dec/16 -1879657 -1869655 -1887056 -1904456
Taiwan 3356.10 Oct/18 3800 3400 2500 2800
Tajikistan -94.60 May/18 -147 -162 -130 -208
Tanzania -944.10 Jun/18 3333 3358 3078 3102
Thailand 490.00 Sep/18 970 2250 1290 793
Togo -46.00 May/17 -36.99 -36.99 -36.99 -36.99
Trinidad and Tobago 1685.70 Mar/18 1266 1177 1216 1278
Tunisia -1802.30 Oct/18 -1845 -1874 -1843 -1854
Turkey -1869.47 Sep/18 -3900 -600 -1000 -900
Turkmenistan 2886.58 Dec/17 3651 4449 4449 4449
Uganda -258.60 Sep/18 -266 -267 -268 -268
Ukraine -1468.10 Sep/18 -1130 -480 -400 -1324
United Arab Emirates 315100.00 Dec/17 350000 422000 422000 422000
United Kingdom -27.00 Sep/18 -1400 -1700 -1900 -2300
United States -54019.00 Sep/18 -45000 -52000 -44000 -56000
Uruguay -66448.00 Sep/18 -81210 -78789 -78417 -78524
Uzbekistan -2102.50 Sep/18 1100 1870 1870 1870
Venezuela -782.00 Sep/15 -5000 -3050 -2950 -2940
Vietnam 100.00 Oct/18 -600 -1600 -355 -470
Yemen -6966.68 Dec/16 -9771 -9381 -9771 -10162
Zambia -1738.00 Aug/18 -1970 -1851 -1911 -1888
Zimbabwe -219.60 Jul/18 -265 -263 -270 -276


Balance of Trade - Forecast - 2018-2020