The United States recorded a trade deficit of 71.52 USD Billion in May of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Trade Balance: Goods and Services, Balance of Payments Basis from Jan 1992 to May 2025 about BOP, balance, headline figure, trade, goods, services, and USA.

As of 2024, the United States had a trade deficit of about *** billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.

In the first quarter of 2025, the United Kingdom had a trade deficit of 10.6 billion British pounds, due to a 59 billion pound deficit in goods trade offset by a 48 billion pound trade surplus in services.

Hong Kong recorded a trade deficit of 58925 HKD Million in June of 2025. This dataset provides the latest reported value for - Hong Kong Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Egypt's Trade Balance

• Egypt's Trade Balance recorded a deficit of 4.2 USD bn in Dec 2024, compared with a deficit of 3.7 USD bn in the previous month
• Egypt's Trade Balance data is updated monthly, available from Jan 1957 to Dec 2024, with an averaged value of -573.1 USD mn
• The data reached an all-time high of 180.9 USD mn in Sep 1980 and a record low of -5.2 USD bn in Jul 2018

CEIC extends history for monthly Trade Balance. Central Agency for Public Mobilization and Statistics provides Trade Balance in USD. Trade Balance prior to July 1994 is sourced from the International Monetary Fund.

Further information about Egypt's Trade Balance

• In the latest reports, Egypt's Total Exports reached 4.0 USD bn in Dec 2024, an increase of 11.3% YoY (year-on-year)
• Total Imports recorded 8.1 USD bn in Dec 2024, an increase of 11.3% YoY (year-on-year)

The United Kingdom recorded a trade deficit of 5699 GBP Million in May of 2025. This dataset provides - United Kingdom Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China trade balance for 2023 was 386.04 billion US dollars, a 33.19% decline from 2022.

<ul style='margin-top:20px;'>

<li>China trade balance for 2022 was <strong>577.85 billion US dollars</strong>, a <strong>25.39% increase</strong> from 2021.</li>
<li>China trade balance for 2021 was <strong>460.83 billion US dollars</strong>, a <strong>29.76% increase</strong> from 2020.</li>
<li>China trade balance for 2020 was <strong>355.15 billion US dollars</strong>, a <strong>167.45% increase</strong> from 2019.</li>
</ul>External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Historical chart and dataset showing Germany trade balance by year from 1970 to 2023.

In 2023, the United States reported the highest trade balance deficit with approximately **** trillion U.S. dollars.

Historical chart and dataset showing Italy trade balance by year from 1970 to 2023.

Key information about US's Trade Balance

• US's Trade Balance recorded a deficit of 155.6 USD bn in Jan 2025, compared with a deficit of 122.1 USD bn in the previous month
• US's Trade Balance data is updated monthly, available from Jan 1986 to Jan 2025, with an averaged value of -51.2 USD bn
• The data reached an all-time high of -3.7 USD bn in Feb 1992 and a record low of -155.6 USD bn in Jan 2025

The U.S. Census Bureau provides monthly Trade Balance in USD.

Further information about US's Trade Balance

• In the latest reports, US's Total Exports reached 171.6 USD bn in Jan 2025, a decrease of 26.1% YoY (year-on-year)
• Total Imports recorded 327.1 USD bn in Jan 2025, an increase of 26.1% YoY (year-on-year)

Ukraine recorded a trade deficit of 3064.30 USD Million in May of 2025. This dataset provides the latest reported value for - Ukraine Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Japan's Trade Balance

• Japan's Trade Balance recorded a deficit of 5.5 USD bn in Jan 2025, compared with a deficit of 1.4 USD bn in the previous month
• Japan's Trade Balance data is updated monthly, available from Apr 1995 to Jan 2025, with an averaged value of 4.0 USD bn
• The data reached an all-time high of 11.3 USD bn in Feb 2004 and a record low of -20.0 USD bn in Feb 2014

CEIC converts monthly Trade Balance into USD. The Ministry of Finance provides Trade Balance in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Further information about Japan's Trade Balance

• In the latest reports, Japan's Total Exports reached 59.1 USD bn in Jan 2025, an increase of 15.9% YoY (year-on-year)
• Total Imports recorded 64.6 USD bn in Jan 2025, an increase of 15.9% YoY (year-on-year)

The balance of trade of goods and services of the United States in the third quarter of 2024 amounted to a deficit of around 250.03 billion U.S. dollars. This is an increase from the previous quarter, when the balance of goods and services of the U.S. amounted to a deficit of 236.34 billion U.S. dollars.

Key information about Brazil's Trade Balance

• Brazil's Trade Balance recorded a deficit of 323.7 USD mn in Feb 2025, compared with a surplus of 2.3 USD bn in the previous month
• Brazil's Trade Balance data is updated monthly, available from Jan 1959 to Feb 2025, with an averaged value of 195.6 USD mn
• The data reached an all-time high of 11.0 USD bn in May 2023 and a record low of -4.5 USD bn in Jan 2014

Special Secretariat for Foreign Trade and International Affairs provides monthly Trade Balance in USD.

Further information about Brazil's Trade Balance

• In the latest reports, Brazil's Total Exports reached 22.9 USD bn in Feb 2025, a decrease of 27.6% YoY (year-on-year)
• Total Imports recorded 23.3 USD bn in Feb 2025, an increase of 27.6% YoY (year-on-year)

The statistic shows the trade balance of goods (exports minus imports of goods) in Mexico from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the trade deficit of goods in Mexico amounted to about ***** billion U.S. dollars.

The statistic shows the trade balance of goods (exports minus imports of goods) in France from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the trade deficit of goods in France amounted to about ****** billion U.S. dollars.

The statistic shows the trade balance of goods (exports minus imports of goods) in Italy from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the trade surplus of goods in Italy amounted to about ***** billion U.S. dollars.

Key information about Bangladesh's Trade Balance

• Bangladesh's Trade Balance recorded a deficit of 1.9 USD bn in Dec 2024, compared with a deficit of 1.6 USD bn in the previous month
• Bangladesh's Trade Balance data is updated monthly, available from Jul 1986 to Dec 2024, with an averaged value of -444.7 USD mn
• The data reached an all-time high of 14.6 USD mn in Mar 1987 and a record low of -3.6 USD bn in Dec 2021

CEIC converts monthly Trade Balance into USD. Bangladesh Bank provides Trade Balance in local currency. Bangladesh Bank average market exchange rate is used for currency conversions.

Further information about Bangladesh's Trade Balance

• In the latest reports, Bangladesh's Total Exports reached 3.8 USD bn in Dec 2024, an increase of 23.3% YoY (year-on-year)
• Total Imports recorded 5.7 USD bn in Dec 2024, an increase of 23.3% YoY (year-on-year)