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.

In May 2025, the trade surplus in China amounted to approximately ***** billion U.S. dollars. A positive value implies a trade surplus, a negative trade balance implies a trade deficit. International trade in China China surpassed the United States as the worlds’ largest goods trading economy in 2013. Despite the impacts of the global coronavirus pandemic, the total value of China’s imports and exports amounted to more than *** trillion U.S. dollars in 2024.China has become a vital trade partner for many economies. In 2024, over *** billion U.S. dollars worth of the United States’ imports originated in China, making China its second-largest import partner. A trade surplus occurs when exports of a country exceed its imports. It leads to a net inflow of domestic currency from foreign countries. The trade balance is a major growth factor for an economy. Because of running a large trade surplus, China holds a vast amount of foreign exchange reserves. Foreign exchange reserves may be viewed as a sign of national strength, but also represent a form of forced savings on the people. China was the country with the highest trade surplus of approximately ****** billion U.S. dollars as of 2023.

In the financial year 2024, India recorded a trade surplus of over ** billion U.S. dollars with its largest trading partner, the United States. Key merchandise exports from India included jewelry, pharmaceuticals, and petrochemicals. However, this trade surplus was projected to decrease to ** billion dollars in the fiscal year 2025.

China recorded a trade surplus of 114.77 USD Billion in June of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Goods Trade Balance in the United States increased to -85988 USD Million in June from -96423 USD Million in May of 2025. This dataset provides - United States Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

In 2024, South Korea's trade balance with the United States recorded a surplus that amounted to around ***** billion U.S. dollars. South Korea has become one of the United States’ largest trade partners. The Free Trade Agreement between the two governments came into force in March 2012. As of May 2025, South Korea seeks to delay a decision about tariffs until new presidential elections in June 2025. Korea’s export trade with the U.S. In 2024, the United States was the second most important export trade destination after China. In accordance with the high trade surplus recorded by South Korea, the value of goods exports to the U.S. continued to increase every year. Historically, China and the U.S. were the most important export partner for South Korea, with changes only happening due to domestic or bilateral politics. The effect of U.S. president Trump’s increase of tariffs on the economic relations between the two nations remains to be seen. Korea’s imports from the U.S. Despite the trade balance tipping in clear favor of South Korea, the United States was still one of the most important partners for imports. Overall, the value of goods imported into the country has increased, with a quick recovery from occasional decreases. Next to the imports of goods, the United States have become one of the most important suppliers of foreign direct investment (FDI) for South Korea. Despite this importance, the actual investments were notably lower than the pledged amount.

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

• 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)

As of February 2025, Indonesia had accumulated around *** million U.S. dollars of trade surplus with the United States. In 2024, the trade surplus had increased by nearly *** million compared to the previous year.

The European Union has had a growing trade balance with the United States since the turn of the millennium. While in 1999, the EU recorded a monthly trade balance with the U.S. as low as *** million euros a month, the monthly trade balance in the most recent period recorded was over ** billion euros. Both exports and imports have increased over this period, with a particularly notable uptick following the coronavirus pandemic.

South Korea recorded a trade surplus of 6940 USD Million in May of 2025. This dataset provides the latest reported value for - South Korea Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States Trade Balance: Goods data was reported at -151.629 USD bn in Mar 2025. This records a decrease from the previous number of -120.619 USD bn for Feb 2025. United States Trade Balance: Goods data is updated monthly, averaging -52.418 USD bn from Jan 1989 (Median) to Mar 2025, with 435 observations. The data reached an all-time high of -1.890 USD bn in Mar 1991 and a record low of -152.364 USD bn in Jan 2025. United States Trade Balance: Goods data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.JA005: Trade Balance: Census Basis.

Key information about United States Total Exports

• United States Total Exports recorded 171.6 USD bn in Jan 2025, compared with 168.8 USD bn in the previous month
• US Total Exports data is updated monthly, available from Jan 1989 to Jan 2025, with an averaged value of 86.4 USD bn
• The data reached an all-time high of 181.2 USD bn in Jul 2022 and a record low of 28.4 USD bn in Jan 1989

• In the latest reports, US Total Exports dropped 7.9 % YoY in May 2023
• Total Imports recorded 327.1 USD bn in Jan 2025, which registered an increase of 26.1 % year on year
• US Trade Balance recorded a deficit of 155.6 USD bn in Jan 2025

Indonesia recorded a trade surplus of 4300 USD Million in May of 2025. This dataset provides the latest reported value for - Indonesia 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.

Key information about United States Total Imports Growth

• United States Total Imports grew 26.1 % YoY in Jan 2025, compared with a decrease of 12.9 % YoY in the previous month
• United States Total Imports Growth data is updated monthly, available from Jan 1990 to Jan 2025, with an averaged rate of 7.1 %
• The data reached an all-time high of 38.7 % in May 2021 and a record low of -35.4 % in May 2009

• In the latest reports, United States Total Imports recorded 327.1 USD bn in Jan 2025
• Total Exports reached 171.6 USD bn in Jan 2025, which registered a decrease of 7.9 % year on year
• United States Trade Balance recorded a deficit of 155.6 USD bn in Jan 2025

In May 2025, the total value of the U.S. trade in goods with China amounted to more than 27 billion U.S. dollars. This comprises a 6.6 billion U.S. dollar export value and around 20.5 billion U.S. dollar import value.

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.

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

In May 2025, Chinese exports amounted to around ***** billion U.S. dollars. This indicated an increase in exports compared to the same period of the previous year. Export trade in China China overtook the United States as the world’s largest trading nation in 2013. In the years that followed, the country remained one of the strongest players in global and regional trade. According to the IMF, China’s total gross domestic product (GDP) had ranged at around ***** trillion U.S. dollars in 2024. Thus, exports of goods had accounted for more than a third of China’s total economic output that year. In 2024, China’s trade surplus amounted to *** billion U.S. dollars. Since the implementation of various reform strategies in 1979, China’s economic development has largely profited from its export-led growth strategy. In 2024, the most important export partner for China was ASEAN. Automatic data processing machines, integrated circuits, and clothes were among China’s main export goods. It is noticeable that China’s comparative advantage nowadays lies not only in labor-intensive manufactured goods. Over the past years, China has steadily moved up the global value chain by increasing the export share of high technology products such as computers and power devices. China has been frequently accused of currency manipulation by other countries. The country is criticized for deliberately keeping its currency yuan undervalued, to give Chinese goods export advantages.