TABLE snetFor. Net Transactions in Foreign Long-Term Securities by US Residents, millions of dollars, as of: January 2023 Negative entries indicate net U.S. purchases of foreign securities, or an outflow of capital from the United States Positive entries indicate U.S. sales of foreign securities January 2023 December 2022 November 2022 Total Total Total Foreign Foreign Foreign Foreign Foreign Foreign Foreign Foreign Foreign Securities, Bonds, Stocks, Securities, Bonds, Stocks, Securities, Bonds, Stocks, net net net net net net net net net ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- Europe Austria 55 -7 62 403 328 75 307 263 44 Belgium -12,553 -12,519 -34 -4,815 -4,704 -111 -6,519 -6,402 -117 Czech Republic 18 -4 22 19 -10 29 24 15 9 Denmark -5,907 -6,010 103 2,166 1,184 982 1,020 511 509 Finland -43 -70 27 260 204 56 25 31 -6 France 568 -656 1,224 -389 -1,595 1,206 -3,040 -1,847 -1,193 Germany 3,610 1,845 1,765 9,709 8,535 1,174 -3,739 -2,221 -1,518 Greece 1,251 1,252 -1 13 0 13 43 5 38 Guernsey 146 119 27 227 -36 263 59 241 -182 Ireland -2,711 -4,012 1,301 -545 -996 451 -4,365 -3,540 -825 Italy 1,324 1,310 14 -270 103 -373 1,609 1,903 -294 Jersey 568 23 545 -601 -173 -428 -263 -62 -201 Luxembourg -4,924 -4,764 -160 -1,969 -1,801 -168 -5,263 -3,849 -1,414 Monaco -5 13 -18 11 5 6 -30 -17 -13 Netherlands 2,060 856 1,204 3,614 1,605 2,009 639 822 -183 Norway 1,883 1,570 313 1,812 804 1,008 1,045 691 354 Poland 371 361 10 -5 -12 7 -32 -27 -5 Portugal -16 5 -21 -58 -6 -52 -141 -162 21 Russia 34 36 -2 -11 0 -11 15 19 -4 Spain 931 833 98 973 891 82 -444 -268 -176 Sweden -128 -154 26 3,018 2,823 195 1,029 1,075 -46 Switzerland -2,854 -3,471 617 2,139 658 1,481 -995 -944 -51 Turkey 36 17 19 -26 -68 42 148 30 118 United Kingdom 148 -8,991 9,139 21,865 12,538 9,327 16,546 13,556 2,990 Total Europe -16,456 -32,834 16,378 37,614 20,263 17,351 -1,550 601 -2,151 Memo: Euro Area -10,730 -16,264 5,534 6,834 2,485 4,349 -20,892 -15,296 -5,596 Memo: European Union -16,383 -22,101 5,718 11,965 6,392 5,573 -18,927 -13,802 -5,125 Canada 9,724 10,342 -618 -333 232 -565 4,125 1,615 2,510 Latin America Argentina -22 65 -87 148 127 21 574 590 -16 Brazil 4,570 5,516 -946 -668 -211 -457 694 978 -284 Chile 389 385 4 440 281 159 2,150 2,006 144 Colombia -1,964 -1,981 17 -49 -63 14 -28 -10 -18 Costa Rica 314 310 4 7 -23 30 -40 -38 -2 Guatemala -780 -774 -6 -95 -93 -2 -175 -174 -1 Mexico 1,064 454 610 140 -165 305 2,349 1,584 765 Panama 316 166 150 1,355 170 1,185 933 604 329 Peru 1,514 1,652 -138 178 87 91 342 411 -69 Uruguay 81 49 32 141 89 52 183 193 -10 Venezuela 80 95 -15 36 63 -27 5 15 -10 Total Latin America 6,453 6,886 -433 1,624 268 1,356 7,057 6,243 814 Caribbean Anguilla -188 -131 -57 150 5 145 -312 -68 -244 Bahamas 724 680 44 563 285 278 223 185 38 Barbados -11 -15 4 5 24 -19 -722 -721 -1 Bermuda -407 -4 -403 -78 -165 87 274 -488 762 British Virgin Islands -1,520 330 -1,850 -2,681 342 -3,023 319 630 -311 Cayman Islands -8,618 7,753 -16,371 563 -2,362 2,925 13,031 10,650 2,381 Cuba 0 0 0 0 0 0 0 0 0 Curacao 39 5 34 158 300 -142 162 -9 171 St. Kitts and Nevis 8 11 -3 8 11 -3 -13 3 -16 Trinidad & Tobago 47 49 -2 15 5 10 8 15 -7 Total Caribbean -10,049 8,583 -18,632 -1,194 -1,446 252 13,029 10,214 2,815 Asia China, Mainland 2,587 2,761 -174 3,649 3,320 329 5,817 6,008 -191 Hong Kong -7,544 -2,255 -5,289 -5,532 -811 -4,721 -2,590 -2,413 -177 India 1,529 545 984 1,031 423 608 630 209 421 Indonesia 1,572 1,546 26 25 44 -19 -332 -507 175 Israel -65 -161 96 75 16 59 42 247 -205 Japan 4,259 4,383 -124 6,315 4,121 2,194 2,017 2,535 -518 Korea, South -201 120 -321 14 488 -474 3,277 3,027 250 Kuwait -489 -475 -14 -123 -166 43 -79 -140 61 Lebanon 47 46 1 0 0 0 0 0 0 Malaysia 161 -70 231 231 -9 240 -208 -22 -186 Philippines -153 -158 5 -124 -146 22 937 939 -2 Saudi Arabia -1,262 -98 -1,164 -220 -123 -97 -48 -1 -47 Singapore 1,347 1,557 -210 2,131 513 1,618 -528 -248 -280 Taiwan -653 93 -746 495 -82 577 198 -9 207 Thailand 128 103 25 160 92 68 144 139 5 United Arab Emirates -47 -41 -6 -109 -19 -90 18 3 15 Total Asia 1,373 8,005 -6,632 8,399 7,978 421 9,422 9,853 -431 Africa Egypt -5 0 -5 -21 -10 -11 -57 -51 -6 Liberia 3 -2 5 27 39 -12 11 6 5 South Africa -1,456 -1,073 -383 -505 -125 -380 -230 -139 -91 Total Africa -1,371 -991 -380 26 349 -323 -208 -158 -50 Other Countries Australia 3,932 1,710 2,222 2,008 588 1,420 -2,342 -1,143 -1,199 New Zealand 623 603 20 174 208 -34 205 212 -7 Total Other 4,958 2,635 2,323 2,443 1,076 1,367 -2,137 -919 -1,218 All Countries -5,368 2,626 -7,994 48,579 28,720 19,859 29,738 27,449 2,289 International Orgs. International 2,968 2,963 5 501 538 -37 537 545 -8 Total Regional Orgs. 2,532 2,532 0 391 391 0 619 619 0 Total IROs 5,500 5,495 5 892 929 -37 1,156 1,164 -8 Grand Total 132 8,121 -7,989 49,471 29,649 19,822 30,894 28,613 2,281 of which: net purchases of asset-backed securities 583 583 n.a. -13 -13 n.a. -2,043 -2,043 n.a. Adjustments for stock swaps 0 n.a. 0 0 n.a. 0 0 n.a. 0 Adjusted Total 132 8,121 -7,989 49,471 29,649 19,822 30,894 28,613 2,281 Definitions: Euro area: As of January 2023, includes Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. European Union includes Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, and Sweden.