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

The United States recorded a trade deficit of 59.55 USD Billion in August 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.

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.

The United States recorded a Current Account deficit of 251.30 USD Billion in the second quarter of 2025. This dataset provides the latest reported value for - United States Current Account - 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 Total Current Account Balance for the United States (DISCONTINUED) (BPBLTT01USQ188S) from Q1 1960 to Q4 2013 about current account, BOP, and USA.

Graph and download economic data for Balance on current account (IEABC) from Q1 1999 to Q2 2025 about current account, BOP, balance, and USA.

Graph and download economic data for Capital Accounts: Surplus: Surplus Not Specified (CASSNS) from 1918-01-04 to 2018-04-11 about capital account, budget, BOP, and USA.

In 2024, the United States reported the highest trade balance deficit with approximately **** trillion U.S. dollars.

In the first quarter of 2024, Ghana's total balance of payments reached an approximate surplus of 84.74 million U.S. dollars, an increase compared to the deficit of around 587 million U.S. dollars registered in the same period in 2023. Within the studied period, overall transactions carried out between the country and other international regions accumulated the highest value during the first quarter of 2019, at nearly three billion U.S. dollars. The Balance of Payments consider Ghana's current, financial, and capital account balance.

Canada and United States bilateral trade in goods data produced by Statistics Canada and the United States Census Bureau (customs basis) and the United States Bureau of Economic Analysis (balance of payments basis). Data are presented before and after adjustments made to standardize definitions. Quarterly data are available on Customs and on Balance of payments basis and are not seasonally adjusted.

In 2024, China was the country with the highest trade surplus, with approximately ****** billion U.S. dollars. The leading trade nations Typically a trade surplus indicates a sign of economic success and a trade deficit indicates an economic weakness. However, if that were true, then the top four, China, Germany, Russia and Netherlands, would be considered the best performing countries in the world. However, this would mean that the United States, Great Britain, India and France would be among the weakest nations considering that they are four countries with the highest trade deficit. In fact, they are leading industrial nations. While China is known for producing and exporting products at a competitive price, it has undervalued its exchange rate in order to promote exports. However, China is now working to reduce its reliance on exports even though they continue to export large and increasing quantities of goods. In the case of Germany, the value of the euro may not be high enough, however growth concerning the value of exports has slowed over the past few years. In contrast, the value of the dollar in the United States may be too high, favoring imports as opposed to exports.

In the third quarter of 2025, the United Kingdom had a trade deficit of 4.5 billion British pounds, due to a 58.5 billion pound deficit in goods trade offset by a 53.9 billion pound trade surplus in services.

Graph and download economic data for Balance on capital account (IEABCP) from Q1 1999 to Q2 2025 about capital account, BOP, balance, and USA.

Graph and download economic data for Capital Accounts: Surplus: Section 7 (CASS7) from 1934-10-31 to 1961-01-25 about capital account, budget, BOP, and USA.

Graph and download economic data for Balance on current account (IEABCA) from 1999 to 2024 about current account, BOP, balance, and USA.

Graph and download economic data for Balance on Current Account, NIPA's (NETFI) from Q1 1947 to Q2 2025 about current account, BOP, balance, GDP, and USA.

The United Kingdom recorded a trade deficit of 1094 GBP Million in September of 2025. This dataset provides - United Kingdom Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Capital Accounts: Surplus: Section 13b (CASS13B) from 1934-10-31 to 1958-08-27 about capital account, budget, BOP, and USA.

Graph and download economic data for Federal government; net lending (+) or borrowing (-) (financial account), Flow (DISCONTINUED) (FGLBFAQ027S) from Q4 1946 to Q4 2017 about financial account, borrowings, IMA, BOP, financial, Net, federal, loans, government, and USA.

Canada recorded a Current Account deficit of 9680 CAD Million in the third quarter of 2025. This dataset provides - Canada Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.