The United States recorded a trade deficit of 60.18 USD Billion in June 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.

Goods Trade Balance in the United States increased to -84854 USD Million in June from -96211 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.

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.

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

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.

China recorded a trade surplus of 98.24 USD Billion in July of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Mexico recorded a trade surplus of 514 USD Million in June of 2025. This dataset provides the latest reported value for - Mexico Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the total value of the U.S. trade in goods with China amounted to around *** billion U.S. dollars composed of a ****** billion U.S. dollars export value and a ****** billion U.S. dollars import value. This represented a negative trade balance of ***** billion U.S. dollars.

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.

Argentina recorded a trade surplus of 906 USD Million in June of 2025. This dataset provides the latest reported value for - Argentina Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Key information about China's Trade Balance

• China's Trade Balance recorded a surplus of 104.8 USD bn in Dec 2024, compared with a surplus of 97.3 USD bn in the previous month
• China's Trade Balance data is updated monthly, available from Jan 1992 to Dec 2024, with an averaged value of 12.8 USD bn
• The data reached an all-time high of 104.8 USD bn in Dec 2024 and a record low of -62.0 USD bn in Feb 2020

• In the latest reports, China's Total Exports reached 335.6 USD bn in Dec 2024, an increase of 20.8% YoY (year-on-year)
• Total Imports recorded 230.8 USD bn in Dec 2024, an increase of 20.8% YoY (year-on-year)

Greece recorded a trade deficit of 3137.60 EUR Million in June of 2025. This dataset provides - Greece Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In June 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.

Graph and download economic data for Net Exports of Goods and Services (NETEXP) from Q1 1947 to Q2 2025 about exports, Net, goods, services, GDP, and USA.

This data package includes the underlying data to replicate the charts, tables, and calculations presented in The US Trade Deficit and Foreign Borrowing: How Long Can It Continue?, PIIE Working Paper 25-14.

If you use the data, please cite as:

Bayoumi, Tamim, and Joseph E. Gagnon. 2025. The US Trade Deficit and Foreign Borrowing: How Long Can It Continue? PIIE Working Paper 25-14. Washington: Peterson Institute for International Economics.

Thailand recorded a trade surplus of 1060 USD Million in June of 2025. This dataset provides the latest reported value for - Thailand 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 Pakistan's Trade Balance

• Pakistan's Trade Balance recorded a deficit of 2.3 USD bn in Jan 2025, compared with a deficit of 2.4 USD bn in the previous month
• Pakistan's Trade Balance data is updated monthly, available from Jan 1968 to Jan 2025, with an averaged value of -235.2 USD mn
• The data reached an all-time high of 110.6 USD mn in Jun 1991 and a record low of -5.0 USD bn in Nov 2021

• In the latest reports, Pakistan's Total Exports reached 3.0 USD bn in Jan 2025, an increase of 9.9% YoY (year-on-year)
• Total Imports recorded 5.3 USD bn in Jan 2025, an increase of 9.9% YoY (year-on-year)