IT Trade balance 2025: Interactive Chart & Historical Data

Latest balance: 1,268,304,660.65 Current USD (2025-01-01)

Trade balance (measured in Current USD) measures IT's international trade position, capturing the flow of goods and services across borders. Trade indicators reveal competitiveness, currency impacts, and integration into global supply chains. Policymakers use trade data to negotiate agreements, adjust tariffs, and monitor external imbalances that could affect currency stability. In IT, Trade balance reflects the structure of exports and imports, key trading partners, and sensitivity to commodity prices or exchange rate fluctuations. Businesses track trade indicators to identify market opportunities, manage supply chain risks, and anticipate regulatory changes. The most recent data point shows 1,268,304,660.65 Current USD as of 2025-01-01. This dataset spans 1970–2025, covering 56 annual observations. Data is sourced from World Bank and updated regularly on EconDash. Use EconDash's interactive chart to visualize trade flows, identify surplus and deficit periods, and compare IT with trading partners.

What is Trade balance?

Trade balance, measured in Current USD, captures IT's cross-border flows of goods and services. It reveals the country's competitive position in global markets, trade relationships, and exposure to external economic shocks.

Historical Trends

The Trade balance dataset for IT spans 1970 through 2025, comprising 56 annual observations. Data is sourced from World Bank and follows official statistical methodologies. Annual frequency provides a long-term perspective on structural changes and development trajectories. EconDash updates this indicator as new data becomes available from the primary source.

Key Insights

Trade balance in IT is influenced by exchange rates, comparative advantage, trade agreements, and global demand conditions. Surpluses or deficits reflect the country's integration into international markets and its competitiveness in key export sectors. Trade patterns also reveal dependencies on specific trading partners and exposure to tariff changes or supply chain disruptions.