# Net trade in goods and services **Net trade in goods and services**, measured in the **Balance of Payments (BoP)** and expressed in **current US dollars**, is a crucial **economic indicator** that reflects a country’s economic transactions with the rest of the world. It is the difference between a country’s **exports and imports of goods and services**. In **2022**, among the countries discussed, **Iraq** stood out with the highest net trade in goods and services, recording a substantial figure of **USD 57.92 billion**.

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