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 2023, the United States reported the highest trade balance deficit with approximately **** trillion U.S. dollars.

In 2023, 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 Ireland, 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.

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.

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.

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 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.

The average for 2023 based on 148 countries was 4.81 billion U.S. dollars. The highest value was in China: 386.06 billion U.S. dollars and the lowest value was in the USA: -784.89 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Historical chart and dataset showing Germany trade balance by year from 1970 to 2023.

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.

The United Kingdom recorded a trade deficit of 5699 GBP Million in May of 2025. This dataset provides - United Kingdom Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

The average for 2023 based on 137 countries was -3.03 percent. The highest value was in Macao: 43.36 percent and the lowest value was in Kiribati: -85.09 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Japan trade balance for 2023 was -64.81 billion US dollars, a 59.5% decline from 2022.

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

<li>Japan trade balance for 2022 was <strong>-160.05 billion US dollars</strong>, a <strong>510.73% increase</strong> from 2021.</li>
<li>Japan trade balance for 2021 was <strong>-26.21 billion US dollars</strong>, a <strong>92.87% increase</strong> from 2020.</li>
<li>Japan trade balance for 2020 was <strong>-13.59 billion US dollars</strong>, a <strong>8.25% decline</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.

Australia recorded a trade surplus of 5413 AUD Million in April of 2025. This dataset provides the latest reported value for - Australia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Germany recorded a trade surplus of 18.40 EUR Billion in May of 2025. This dataset provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 India's Trade Balance

• India's Trade Balance recorded a deficit of 23.0 USD bn in Jan 2025, compared with a deficit of 21.9 USD bn in the previous month
• India's Trade Balance data is updated monthly, available from Jan 1957 to Jan 2025, with an averaged value of -420.4 USD mn
• The data reached an all-time high of 709.6 USD mn in Jun 2020 and a record low of -31.8 USD bn in Nov 2024

• In the latest reports, India's Total Exports reached 36.4 USD bn in Jan 2025, an increase of 14.5% YoY (year-on-year)
• Total Imports recorded 59.4 USD bn in Jan 2025, an increase of 14.5% YoY (year-on-year)

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.