Balanced international merchandise trade statistics (BIMTS) in World
World: Balanced international merchandise trade statistics (BIMTS) was 1,558 US dollars, exchange rate converted in 2024. ◆ Volatile
Balanced international merchandise trade statistics (BIMTS) in World, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
The most recent figure for balanced international merchandise trade statistics (bimts) in World is 1,558 US dollars, exchange rate converted, measured in 2024.
That represents a change of up 14.6% on the previous year and down 58.2% over ten years.
Over the whole period, balanced international merchandise trade statistics (bimts) in World peaked at 3,724 US dollars, exchange rate converted in 2014 and was at its lowest, 573.62 US dollars, exchange rate converted, in 1999.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 732.97 US dollars, exchange rate converted | 573.62 US dollars, exchange rate converted | 893.46 US dollars, exchange rate converted | 5 |
| 2000s | 2,055 US dollars, exchange rate converted | 773.2 US dollars, exchange rate converted | 3,304 US dollars, exchange rate converted | 10 |
| 2010s | 2,318 US dollars, exchange rate converted | 1,257 US dollars, exchange rate converted | 3,724 US dollars, exchange rate converted | 10 |
| 2020s | 1,337 US dollars, exchange rate converted | 854.61 US dollars, exchange rate converted | 1,645 US dollars, exchange rate converted | 5 |
Countries ranked near World
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- GNI per capita, Atlas method 14,244 current US$ (2025)
- GNI 117.70 trillion current US$ (2025)
- GNI, Atlas method 117.02 trillion current US$ (2025)
- Gross domestic savings 26.9% (2024)
- Gross domestic savings 30.01 trillion current US$ (2024)
- GDP per capita growth 2.0% (2025)
- GDP per capita 12,131 constant 2015 US$ (2025)
- GDP per capita 14,406 current US$ (2025)
Frequently asked questions
- What is balanced international merchandise trade statistics (bimts) in World?
- Balanced international merchandise trade statistics (bimts) in World was 1,558 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 World?
- The highest recorded value was 3,724 US dollars, exchange rate converted in 2014.
- What is the lowest balanced international merchandise trade statistics (bimts) recorded in World?
- The lowest recorded value was 573.62 US dollars, exchange rate converted in 1999.
- How does World rank for balanced international merchandise trade statistics (bimts)?
- World ranks 1st out of 12 groups with data for 2024.
- Is balanced international merchandise trade statistics (bimts) rising or falling in World?
- Over the last ten years it is down 58.2%. The long-run trend across the full record is volatile.
- Where does this 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