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.

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 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)

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.

Goods Trade Balance in the United States decreased to -96590 USD Million in May from -86970 USD Million in April of 2025. This dataset provides - United States Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Israel's Trade Balance

• Israel's Trade Balance recorded a deficit of 4.3 USD bn in Dec 2024, compared with a deficit of 2.8 USD bn in the previous month
• Israel's Trade Balance data is updated monthly, available from Jan 1988 to Dec 2024, with an averaged value of -741.7 USD mn
• The data reached an all-time high of 113.8 USD mn in May 2009 and a record low of -5.2 USD bn in May 2022

The Central Bureau of Statistics provides Trade Balance in USD.

Further information about Israel's Trade Balance

• In the latest reports, Israel's Total Exports reached 4.8 USD bn in Nov 2024, an increase of 25.8% YoY (year-on-year)
• Total Imports recorded 9.5 USD bn in Dec 2024, an increase of 25.8% YoY (year-on-year)

This statistic shows the United States goods trade deficit with China from 2014 to 2024. In 2024, the value of U.S. imports from China exceeded the exports to China by around ***** billion U.S. dollars.

China recorded a trade surplus of 103.22 USD Billion in May of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The U.S. goods trade deficit with China increased by nearly ** billion U.S. dollars in 2024, as China still had the biggest impact on U.S. bilateral trade. This is according to seasonally adjusted trade date from within the United States. Following the results of the U.S. elections in 2024, discussions surfaced on the potential of tariffs for countries that have a large trade surplus with the United States. The president-elect stated that trade tariffs of ** percent and ** percent might be implemented for goods from China or Mexico, respectively. The effects of such measures on the forecast GDP growth across the world were not yet clear. In Europe, however, Germany might be the most affected economy when the U.S. does implement tariffs.

Key information about Poland's Trade Balance

• Poland's Trade Balance recorded a deficit of 1.5 USD bn in Dec 2024, compared with a deficit of 1.1 USD bn in the previous month
• Poland's Trade Balance data is updated monthly, available from Jan 1986 to Dec 2024, with an averaged value of -583.5 USD mn
• The data reached an all-time high of 2.5 USD bn in Jun 2020 and a record low of -4.1 USD bn in Mar 2022

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. Statistics Poland provides Total Exports and Total Imports in USD. Trade Balance prior to January 2000 is sourced from the International Monetary Fund.

Further information about Poland's Trade Balance

• In the latest reports, Poland's Total Exports reached 26.7 USD bn in Dec 2024, a decrease of 4.1% YoY (year-on-year)
• Total Imports recorded 32.8 USD bn in Nov 2024, a decrease of 4.1% YoY (year-on-year)

In 2024, China's merchandise trade surplus amounted to around 992.2 billion U.S. dollars, significantly higher than in the previous year. The merchandise trade balance is the value of exported goods minus the value of imported goods. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. Trade balance and partnersIn 2024, Chinese imports of goods amounted to approximately 2.59 trillion U.S. dollars, whereas total exports added up to about 3.58 trillion U.S. dollars. In contrast, China’s invisible trade balance, an indicator measuring services and government transfers between countries, closed with a deficit and ranged at about -92 billion U.S. dollars at the end of 2022. Being an economy heavily reliant on export, China ranked first among countries with the highest trade surplus, followed by Germany and Russia. The United States, with imports exceeding exports by approximately 1.15 trillion U.S. dollars that year, ranked first among leading import countries worldwide. In 2023, the value of the U.S. imports from China exceeded the exports to China by around 279.4 billion U.S. dollars. Another important trade partner for China is the European Union. In 2023, the EU imported around 514 billion euro-worth of goods from China, leading to a trade deficit of around 291 billion euros. Product categories with the highest trade deficit were mostly finished goods such as machinery and transport equipment, clothing, and other manufactures, whereas product categories with a more balanced trade sheet consisted of raw materials and agricultural products to a large extent.

India recorded a trade deficit of 18.78 USD Billion in June of 2025. This dataset provides the latest reported value for - India 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, Ukraine reported a trade deficit of ***** billion U.S. dollars, the lowest figure over the observed period. The trade balance is calculated by subtracting the value of imports from the value of exports, leaving the country with a trade deficit or a trade surplus each year.

Iran recorded a trade deficit of 934 USD Million in the fourth quarter of 2024. This dataset provides - Iran Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Turkey recorded a trade deficit of 8200 USD Million in June of 2025. This dataset provides the latest reported value for - Turkey Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Israel recorded a trade deficit of 3225.70 USD Million in May of 2025. This dataset provides - Israel Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows Turkey's trade balance of goods from 2014 to 2024. The trade balance is the value of goods exports minus the value of goods imported. A positive value indicates a trade surplus, a negative value a trade deficit. In 2024, Turkey's trade deficit amounted to about 82.17 billion U.S. dollars.

This timeline shows the total value of the United States' trade balance from ************ to **********. In that month, the United States had a trade deficit of 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)

Since 2009, Brazil has experienced successive trade deficits with the US. This indicates that Brazil has spent more on imports than it has earned on exports. In 2024, the trade deficit was 0.25 billion U.S. dollars.