The 20 countries with the highest trade balance deficit in 2023

Published by

Sep 27, 2024

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)

Characteristic	Trade deficit in billion U.S. dollars
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WTO

Release date

April 2024

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Region

Worldwide

Survey time period

2023

Supplementary notes

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.

Figures have been rounded.

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