Net trade in goods and services (BoP, current US$) - Oceania
Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
Description: The map below shows how Net trade in goods and services (BoP, current US$) varies by country in Oceania. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the region is Australia, with a value of 17,286,690,000.00. The country with the lowest value in the region is New Caledonia, with a value of -1,501,031,000.00.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.