The average for 2023 based on 137 countries was 3.89 billion U.S. dollars. The highest value was in China: 385.58 billion U.S. dollars and the lowest value was in the USA: -774.22 billion U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

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

China recorded a trade surplus of 90.07 USD Billion in October of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

Key information about US's Trade Balance

• US's Trade Balance recorded a deficit of 84.3 USD bn in Aug 2025, compared with a deficit of 102.7 USD bn in the previous month
• US's Trade Balance data is updated monthly, available from Jan 1986 to Aug 2025, with an averaged value of -72.4 USD bn
• The data reached an all-time high of -3.7 USD bn in Feb 1992 and a record low of -162.0 USD bn in Mar 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 178.2 USD bn in Aug 2025, an increase of 3.8% YoY (year-on-year)
• Total Imports recorded 262.5 USD bn in Aug 2025, a decrease of 3.8% YoY (year-on-year)

Key information about Canada's Trade Balance

• Canada's Trade Balance recorded a surplus of 2.8 USD bn in Jan 2025, compared with a surplus of 1.2 USD bn in the previous month
• Canada's Trade Balance data is updated monthly, available from Jan 1988 to Jan 2025, with an averaged value of 800.0 USD mn
• The data reached an all-time high of 6.4 USD bn in Oct 2005 and a record low of -4.3 USD bn in Dec 2018

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. Statistics Canada provides Total Exports and Total Imports in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Further information about Canada's Trade Balance

• In the latest reports, Canada's Total Exports reached 51.8 USD bn in Jan 2025, an increase of 14.1% YoY (year-on-year)
• Total Imports recorded 49.0 USD bn in Jan 2025, an increase of 14.1% YoY (year-on-year)

Bulgaria - International trade: Trade balance was EUR-6672.00 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Bulgaria - International trade: Trade balance - last updated from the EUROSTAT on October of 2025. Historically, Bulgaria - International trade: Trade balance reached a record high of EUR-2136.90 Million in December of 2016 and a record low of EUR-7666.90 Million in December of 2022.

Key information about Mexico's Trade Balance

• Mexico's Trade Balance recorded a surplus of 1.4 USD bn in Oct 2025, compared with a deficit of 853.1 USD mn in the previous month
• Mexico's Trade Balance data is updated monthly, available from Jan 1993 to Oct 2025, with an averaged value of -140.4 USD mn
• The data reached an all-time high of 7.1 USD bn in Aug 2020 and a record low of -5.4 USD bn in Jul 2022

Further information about Mexico's Trade Balance

• In the latest reports, Mexico's Total Exports reached 60.4 USD bn in Oct 2025, an increase of 12.2% YoY (year-on-year)
• Total Imports recorded 59.0 USD bn in Oct 2025, an increase of 12.2% YoY (year-on-year)

The average for 2023 based on 16 countries was -16.71 billion U.S. dollars. The highest value was in China: 385.58 billion U.S. dollars and the lowest value was in the USA: -774.22 billion U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

Hungary - International trade: Trade balance was EUR8740.90 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - International trade: Trade balance - last updated from the EUROSTAT on December of 2025. Historically, Hungary - International trade: Trade balance reached a record high of EUR8740.90 Million in December of 2024 and a record low of EUR-12968.20 Million in December of 2022.

View monthly updates and historical trends for US Trade Deficit. from United States. Source: Bureau of Economic Analysis. Track economic data with YCharts…

The European Union's balance of trade in goods is driven by a few of its largest economies. Germany, the EU's pre-eminent economic power, has run a large trade surplus with countries outside the EU over the past two decades, with this surplus more than doubling after the global financial crisis and great recession. Italy also emerged as a large net exporter over the 2010s, along with Ireland, Sweden and France. On the other hand, the Netherlands has by far run the largest trade deficit with non-EU countries among the bloc. Other notable net goods importers among the EU member states include Spain and Poland.

Key information about Egypt's Trade Balance

• Egypt's Trade Balance recorded a deficit of 3.2 USD bn in Oct 2025, compared with a deficit of 3.3 USD bn in the previous month
• Egypt's Trade Balance data is updated monthly, available from Jan 1957 to Oct 2025, with an averaged value of 19.9 USD mn
• The data reached an all-time high of 180.9 USD mn in Sep 1980 and a record low of -5.6 USD bn in Jul 2024

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 3.8 USD bn in Oct 2025, an increase of 3.7% YoY (year-on-year)
• Total Imports recorded 7.0 USD bn in Oct 2025, a decrease of 3.7% YoY (year-on-year)

Poland - International trade: Trade balance was EUR651.30 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Poland - International trade: Trade balance - last updated from the EUROSTAT on December of 2025. Historically, Poland - International trade: Trade balance reached a record high of EUR10623.40 Million in December of 2023 and a record low of EUR-19647.10 Million in December of 2022.

Graph and download economic data for Advance U.S. International Trade in Goods: Balance (AITGCBN) from Aug 2025 to Aug 2025 about balance, trade, goods, and USA.

International merchandise trade data grouped by Principal Trading Partners (PTP). Users have the option of selecting Imports, Exports, or Trade Balance. Data are unadjusted and seasonally adjusted, and are on a Customs and Balance of Payments basis.

The average for 2024 based on 134 countries was -3.07 percent. The highest value was in Macao: 44.38 percent and the lowest value was in Kiribati: -88.61 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

Italy - International trade: Trade balance was EUR48174.20 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - International trade: Trade balance - last updated from the EUROSTAT on November of 2025. Historically, Italy - International trade: Trade balance reached a record high of EUR63289.50 Million in December of 2020 and a record low of EUR-34040.60 Million in December of 2022.

Key information about Taiwan's Trade Balance

• Taiwan's Trade Balance recorded a surplus of 23.2 USD bn in Oct 2025, compared with a surplus of 12.5 USD bn in the previous month
• Taiwan's Trade Balance data is updated monthly, available from Jan 2008 to Oct 2025, with an averaged value of 4.1 USD bn
• The data reached an all-time high of 23.2 USD bn in Oct 2025 and a record low of -272.1 USD mn in Mar 2008

The Ministry of Finance provides monthly Trade Balance in USD.

Further information about Taiwan's Trade Balance

• In the latest reports, Taiwan's Total Exports reached 60.1 USD bn in Oct 2025, an increase of 11.5% YoY (year-on-year)
• Total Imports recorded 37.0 USD bn in Oct 2025, an increase of 11.5% YoY (year-on-year)