Balanced international merchandise trade statistics (BIMTS) in Rest of the world
Rest of the world: Balanced international merchandise trade statistics (BIMTS) was 12.37 US dollars, exchange rate converted in 2024. ▼ Falling
Balanced international merchandise trade statistics (BIMTS) in Rest of the world, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
Rest of the world recorded 12.37 US dollars, exchange rate converted for balanced international merchandise trade statistics (bimts) in 2024.
Compared with earlier readings it is down 22.6% on the previous year and down 47.9% over ten years.
Over the whole period, balanced international merchandise trade statistics (bimts) in Rest of the world peaked at 56.03 US dollars, exchange rate converted in 2009 and was at its lowest, 6.37 US dollars, exchange rate converted, in 2016.
The long-run direction has been consistently falling across the 23 years of available data.
Balanced international merchandise trade statistics (BIMTS) in Rest of the world, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 2000 | 27.45 US dollars, exchange rate converted | — |
| 2001 | 24.7 US dollars, exchange rate converted | -10.0% |
| 2002 | 23.57 US dollars, exchange rate converted | -4.6% |
| 2003 | 24.04 US dollars, exchange rate converted | +2.0% |
| 2004 | 22.76 US dollars, exchange rate converted | -5.3% |
| 2005 | 25.66 US dollars, exchange rate converted | +12.8% |
| 2006 | 30.84 US dollars, exchange rate converted | +20.2% |
| 2007 | 28.89 US dollars, exchange rate converted | -6.3% |
| 2008 | 24.01 US dollars, exchange rate converted | -16.9% |
| 2009 | 56.03 US dollars, exchange rate converted | +133.3% |
| 2010 | 54.42 US dollars, exchange rate converted | -2.9% |
| 2011 | 28.36 US dollars, exchange rate converted | -47.9% |
| 2012 | 25.01 US dollars, exchange rate converted | -11.8% |
| 2013 | 23.19 US dollars, exchange rate converted | -7.3% |
| 2014 | 23.74 US dollars, exchange rate converted | +2.4% |
| 2015 | 15.11 US dollars, exchange rate converted | -36.3% |
| 2016 | 6.37 US dollars, exchange rate converted | -57.8% |
| 2017 | 14.2 US dollars, exchange rate converted | +123.0% |
| 2018 | 15.09 US dollars, exchange rate converted | +6.2% |
| 2019 | 14.83 US dollars, exchange rate converted | -1.7% |
| 2020 | 13.96 US dollars, exchange rate converted | -5.9% |
| 2021 | 15.99 US dollars, exchange rate converted | +14.5% |
| 2024 | 12.37 US dollars, exchange rate converted | -22.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.8 US dollars, exchange rate converted | 22.76 US dollars, exchange rate converted | 56.03 US dollars, exchange rate converted | 10 |
| 2010s | 22.03 US dollars, exchange rate converted | 6.37 US dollars, exchange rate converted | 54.42 US dollars, exchange rate converted | 10 |
| 2020s | 14.1 US dollars, exchange rate converted | 12.37 US dollars, exchange rate converted | 15.99 US dollars, exchange rate converted | 3 |
Countries ranked near Rest of the world
- 1 United States of America 808.05 US dollars, exchange rate converted compare
- 2 China 83.14 US dollars, exchange rate converted compare
- 2 Netherlands 205.88 US dollars, exchange rate converted compare
- 3 Panama 54.26 US dollars, exchange rate converted compare
- 3 Croatia 0.031 US dollars, exchange rate converted compare
- 4 Colombia 47.21 US dollars, exchange rate converted compare
- 5 Brazil 41.24 US dollars, exchange rate converted compare
- 5 Türkiye 6.83 US dollars, exchange rate converted compare
- 6 Poland 1.25 US dollars, exchange rate converted compare
- 6 Spain 34.83 US dollars, exchange rate converted compare
- 7 Costa Rica 23.06 US dollars, exchange rate converted compare
More economy & growth data for Rest of the world
- Timely indicators of entrepreneurship by enterprise characteristics 2,255 Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 3,716 Enterprises (2024)
- Economic Outlook No 117 — Balance of primary income in USD -155.00 billion (2026)
- Economic Outlook No 117 — Current account balance in USD, residual 900.00 million (2026)
- Economic Outlook No 117 — Balance of primary income as a percent of -3.11 (2026)
- Economic Outlook No 117 — Balance of primary income -155.00 billion (2026)
- Economic Outlook No 117 — Current account balance, residual item 900.00 million (2026)
- Economic Outlook No 115 — Balance of primary income as a percent of -2.7 (2025)
- Balanced international merchandise trade statistics (BIMTS) - CPA 2.1 12.37 US dollars, exchange rate converted (2024)
Frequently asked questions
- What is balanced international merchandise trade statistics (bimts) in Rest of the world?
- Balanced international merchandise trade statistics (bimts) in Rest of the world was 12.37 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced international merchandise trade statistics (bimts) recorded in Rest of the world?
- The highest recorded value was 56.03 US dollars, exchange rate converted in 2009.
- What is the lowest balanced international merchandise trade statistics (bimts) recorded in Rest of the world?
- The lowest recorded value was 6.37 US dollars, exchange rate converted in 2016.
- How does Rest of the world rank for balanced international merchandise trade statistics (bimts)?
- Rest of the world ranks 4th out of 12 regions with data for 2024.
- Is balanced international merchandise trade statistics (bimts) rising or falling in Rest of the world?
- Over the last ten years it is down 47.9%. The long-run trend across the full record is falling.
- Where does this Rest of the world data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced international merchandise trade statistics (BIMTS) - HS2017-2D. Statizoid updates them automatically from the source API.
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About this data
The OECD Balanced International Merchandise Trade Statistics (BIMTS) dataset provides a complete, consistent, and balanced matrix of international merchandise trade statistics. It includes annual bilateral data for approximately 200 reporters and partners, covering around 98 products in HS2017 at the 2-digit level from 1995 to 2024. BIMTS is also available in the HS 2017 classification at 4-digit and 6-digit levels of aggregation currently available via the Related Files (bottom of the page) and also in the Statistical Classification of Products by Activity (CPA 2.1) at the 2-digit level of aggregation. BIMTS is complete and consistent. The OECD methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. To provide users with consistent and long time series, the data is presented according to either HS2017 or CPA 2.1. BIMTS is balanced. The OECD has developed a transparent approach to reconcile asymmetries in international merchandise trade statistics. A sequence of adjustments, documented in the BIMTS technical paper, significantly reduces asymmetries in the dataset before the final balancing procedure is performed. An important feature of BIMTS is a novel algorithm which identifies re-export flows and reallocates them to the producer countries before the balancing. To avoid double counting of flows between producers and trade hubs (already accounted for in the trade between producers and final users), BIMTS breaks down the final balanced values into a domestic component and a re-exports component. Users will therefore find two different measures of balanced trade flows (under the ‘Adjustment’ dimension): Total balanced value: Represents the total reconciled bilateral trade flow, including re-exports. Balanced value adjusted for re-exports: Represents the reconciled bilateral trade flow, adjusted for re-exports. This adjusted value is deemed to more accurately reflect economic reality and is therefore the preferred measure. In this database, the Reference area denotes the exporter, while the Counterpart area denotes the importer. Because the data are balanced, exports from the exporter to the importer equal imports by the importer from the exporter, and the flow is therefore recorded only once. Note that zero trade flows are represented in BIMTS as missing records (marked as “..”). This approach reduces the dataset size and improves processing times in the OECD Data Explorer. For convenience, users can also retrieve data for total merchandise (“_T”, denoting all products) and partner world (“W”). BIMTS will be regularly updated and continually improved as new data becomes available. For more information on: The methodology: The OECD Balanced International Merchandise Trade Dataset (BIMTS). Balanced trade statistics related pages: Balanced trade statistics, or The statistics compiled by the OECD Statistics and Data Directorate Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org