This statistic shows the 20 countries with the highest trade balance deficit worldwide in 2023. In 2023, the United States reported the highest trade balance deficit with approximately 1.15 trillion U.S. dollars.
The 20 countries with the highest trade balance deficit in 2023
(in billion U.S. dollars)
This statistic has been calculated by Statista using data from the World Trade Organization. The trade balance is the value of goods exports minus the value of goods imported. A positive value indicates a trade surplus, a negative value a trade deficit.
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WTO, & Statista. (April 10, 2024). The 20 countries with the highest trade balance deficit in 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 19, 2025, from https://www.statista.com/statistics/256666/the-20-countries-with-the-highest-trade-balance-deficit/?__sso_cookie_checker=failed
WTO, und Statista. "The 20 countries with the highest trade balance deficit in 2023 (in billion U.S. dollars)." Chart. April 10, 2024. Statista. Accessed February 19, 2025. https://www.statista.com/statistics/256666/the-20-countries-with-the-highest-trade-balance-deficit/?__sso_cookie_checker=failed
WTO, Statista. (2024). The 20 countries with the highest trade balance deficit in 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 19, 2025. https://www.statista.com/statistics/256666/the-20-countries-with-the-highest-trade-balance-deficit/?__sso_cookie_checker=failed
WTO, and Statista. "The 20 Countries with The Highest Trade Balance Deficit in 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/statistics/256666/the-20-countries-with-the-highest-trade-balance-deficit/?__sso_cookie_checker=failed
WTO & Statista, The 20 countries with the highest trade balance deficit in 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/256666/the-20-countries-with-the-highest-trade-balance-deficit/?__sso_cookie_checker=failed (last visited February 19, 2025)
The 20 countries with the highest trade balance deficit in 2023 (in billion U.S. dollars) [Graph], WTO, & Statista, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/256666/the-20-countries-with-the-highest-trade-balance-deficit/?__sso_cookie_checker=failed