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.

Colombia recorded a trade deficit of 1.67 USD Billion in April of 2025. This dataset provides - Colombia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

India recorded a trade deficit of 21.88 USD Billion in May 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.

Key information about Jordan's Trade Balance

• Jordan's Trade Balance recorded a deficit of 1.4 USD bn in Dec 2024, compared with a deficit of 1.2 USD bn in the previous month
• Jordan's Trade Balance data is updated monthly, available from Jan 1972 to Dec 2024, with an averaged value of -213.0 USD mn
• The data reached an all-time high of -9.4 USD mn in Jan 1974 and a record low of -1.6 USD bn in Aug 2022

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. The Department of Statistics provides Total Exports and Total Imports in local currency. The Central Bank of Jordan average market exchange rate is used for currency conversions.

Further information about Jordan's Trade Balance

• In the latest reports, Jordan's Total Exports reached 1.1 USD bn in Dec 2024, an increase of 39.8% YoY (year-on-year)
• Total Imports recorded 2.6 USD bn in Dec 2024, an increase of 39.8% YoY (year-on-year)

Key information about Colombia's Trade Balance

• Colombia's Trade Balance recorded a deficit of 1.2 USD bn in Dec 2024, compared with a deficit of 1.7 USD bn in the previous month
• Colombia's Trade Balance data is updated monthly, available from Jan 1958 to Dec 2024, with an averaged value of -21.9 USD mn
• The data reached an all-time high of 808.6 USD mn in Dec 2011 and a record low of -2.9 USD bn in Aug 2022

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. National Administrative Department of Statistics provides Total Exports and Total Imports in USD. Trade Balance prior to January 1980 is sourced from the International Monetary Fund.

Further information about Colombia's Trade Balance

• In the latest reports, Colombia's Total Exports reached 4.5 USD bn in Dec 2024, an increase of 7.5% YoY (year-on-year)
• Total Imports recorded 5.7 USD bn in Dec 2024, an increase of 7.5% YoY (year-on-year)

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.

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.

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 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)

Ghana trade balance for 2023 was -735.50 million US dollars, a 25.79% increase from 2022.

<ul style='margin-top:20px;'>

<li>Ghana trade balance for 2022 was <strong>-584.73 million US dollars</strong>, a <strong>71.69% decline</strong> from 2021.</li>
<li>Ghana trade balance for 2021 was <strong>-2.07 billion US dollars</strong>, a <strong>16.33% decline</strong> from 2020.</li>
<li>Ghana trade balance for 2020 was <strong>-2.47 billion US dollars</strong>, a <strong>87.61% 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.

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.

Japan recorded a trade deficit of 637.61 JPY Billion in May of 2025. This dataset provides - Japan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Ghana's Trade Balance

• Ghana's Trade Balance recorded a surplus of 565.0 USD mn in Dec 2024, compared with a surplus of 644.7 USD mn in the previous month
• Ghana's Trade Balance data is updated monthly, available from Mar 2005 to Dec 2024, with an averaged value of -82.2 USD mn
• The data reached an all-time high of 682.3 USD mn in Aug 2024 and a record low of -733.1 USD mn in Oct 2013

The Bank of Ghana provides monthly Trade Balance in USD.

Further information about Ghana's Trade Balance

• In the latest reports, Ghana's Total Exports reached 1.8 USD bn in Dec 2024, an increase of 9.5% YoY (year-on-year)
• Total Imports recorded 1.3 USD bn in Dec 2024, an increase of 9.5% YoY (year-on-year)

In 2024, the trade deficit of integrated circuits in China amounted to 226 billion U.S. dollars. The country's trade deficit has increased every year since 2014 until reaching its peak during the COVID-19 pandemic in 2021. China imports more integrated circuits than it exports.

Thailand: Trade balance as percent of GDP: The latest value from 2023 is 1.74 percent, an increase from -2.13 percent in 2022. In comparison, the world average is -3.03 percent, based on data from 137 countries. Historically, the average for Thailand from 1960 to 2023 is 0.53 percent. The minimum value, -7.52 percent, was reached in 1990 while the maximum of 15.63 percent was recorded in 1998.

Vietnam trade balance for 2023 was 34.51 billion US dollars, a 119.35% increase from 2022.

<ul style='margin-top:20px;'>

<li>Vietnam trade balance for 2022 was <strong>15.73 billion US dollars</strong>, a <strong>318.95% increase</strong> from 2021.</li>
<li>Vietnam trade balance for 2021 was <strong>3.75 billion US dollars</strong>, a <strong>80.37% decline</strong> from 2020.</li>
<li>Vietnam trade balance for 2020 was <strong>19.12 billion US dollars</strong>, a <strong>1.93% 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.

Cuba trade balance for 2022 was $0.00, a 0% increase from 2021.

<ul style='margin-top:20px;'>

<li>Cuba trade balance for 2021 was <strong>$0.00</strong>, a <strong>100% decline</strong> from 2020.</li>
<li>Cuba trade balance for 2020 was <strong>702.00 million US dollars</strong>, a <strong>57.74% decline</strong> from 2019.</li>
<li>Cuba trade balance for 2019 was <strong>1.66 billion US dollars</strong>, a <strong>15.38% decline</strong> from 2018.</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.