The statistic shows the trade balance of services (exports minus imports of services) in the United States from 2013 to 2023. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2023, the trade surplus of services in the United States amounted to about 271.15 billion U.S. dollars.

The United States' total Imports in 2024 were valued at US$3.36 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main import partners were: Mexico, China and Canada. The top three import commodities were: Machinery, nuclear reactors, boilers; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$2.06 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

US: Trade Balance: Advanced Economies: Sweden data was reported at -801.758 USD mn in May 2018. This records a decrease from the previous number of -708.584 USD mn for Apr 2018. US: Trade Balance: Advanced Economies: Sweden data is updated monthly, averaging -186.800 USD mn from Feb 1960 (Median) to May 2018, with 698 observations. The data reached an all-time high of 67.400 USD mn in Sep 1980 and a record low of -1.080 USD bn in Apr 2006. US: Trade Balance: Advanced Economies: Sweden data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Monthly.

United States Trade Balance: Australia data was reported at 1.091 USD bn in Sep 2018. This records a decrease from the previous number of 1.294 USD bn for Aug 2018. United States Trade Balance: Australia data is updated monthly, averaging 601.200 USD mn from Jan 1985 (Median) to Sep 2018, with 405 observations. The data reached an all-time high of 2.177 USD bn in Oct 2011 and a record low of 47.400 USD mn in Jan 1988. United States Trade Balance: Australia data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.

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.

United States US: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data was reported at 9.232 USD bn in Mar 2018. This records an increase from the previous number of 8.151 USD bn for Dec 2017. United States US: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data is updated quarterly, averaging -27.000 USD mn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 9.724 USD bn in Sep 2013 and a record low of -2.077 USD bn in Sep 1987. United States US: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Quarterly.

Graph and download economic data for Trade Balance: Goods, Balance of Payments Basis from 1992 to 2025 about BOP, balance, trade, goods, and USA.

United States US: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Montserrat data was reported at 7.236 USD mn in 2017. This records an increase from the previous number of 1.944 USD mn for 2016. United States US: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Montserrat data is updated yearly, averaging 4.590 USD mn from Dec 2016 (Median) to 2017, with 2 observations. The data reached an all-time high of 7.236 USD mn in 2017 and a record low of 1.944 USD mn in 2016. United States US: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Montserrat data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Annual.

Uzbekistan trade balance for 2023 was -17.27 billion US dollars, a 26.05% increase from 2022.

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

<li>Uzbekistan trade balance for 2022 was <strong>-13.70 billion US dollars</strong>, a <strong>19.32% increase</strong> from 2021.</li>
<li>Uzbekistan trade balance for 2021 was <strong>-11.48 billion US dollars</strong>, a <strong>41.39% increase</strong> from 2020.</li>
<li>Uzbekistan trade balance for 2020 was <strong>-8.12 billion US dollars</strong>, a <strong>15.41% 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.

United States US: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Anguilla data was reported at 7.888 USD mn in May 2018. This records a decrease from the previous number of 9.283 USD mn for Apr 2018. United States US: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Anguilla data is updated monthly, averaging 5.465 USD mn from Nov 2016 (Median) to May 2018, with 16 observations. The data reached an all-time high of 10.517 USD mn in Mar 2018 and a record low of 2.190 USD mn in Jul 2017. United States US: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Anguilla data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Monthly.

Graph and download economic data for Advance U.S. International Trade in Goods: Imports: Industrial Supplies (AITGIIS) from May 2025 to May 2025 about supplies, imports, trade, goods, industry, and USA.

The statistic shows Bolivia's trade balance of goods from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2023, Bolivia's trade deficit amounted to around 0.58 billion U.S. dollars.

South Korea: Trade balance, billion USD: The latest value from 2023 is 8.43 billion U.S. dollars, an increase from 8.37 billion U.S. dollars in 2022. In comparison, the world average is 4.81 billion U.S. dollars, based on data from 148 countries. Historically, the average for South Korea from 1976 to 2023 is 21.35 billion U.S. dollars. The minimum value, -21.98 billion U.S. dollars, was reached in 1996 while the maximum of 105.65 billion U.S. dollars was recorded in 2015.

This page displays a table with United States Imports By Country United States ~ in U.S. dollars, according to the United Nations COMTRADE database on international trade.

Algeria's total Imports in 2017 were valued at US$46.05 Billion, according to the United Nations COMTRADE database on international trade. Algeria's main import partners were: China, France and Italy. The top three import commodities were: Machinery, nuclear reactors, boilers; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$35.19 Billion. In 2017, Algeria had a trade deficit of US$10.86 Billion.

Graph and download economic data for Shares of gross domestic product: Imports of goods and services (B021RE1A156NBEA) from 1929 to 2024 about Shares of GDP, imports, goods, services, GDP, and USA.

Panama trade balance for 2023 was 2.84 billion US dollars, a 45.93% increase from 2022.

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

<li>Panama trade balance for 2022 was <strong>1.94 billion US dollars</strong>, a <strong>6.38% decline</strong> from 2021.</li>
<li>Panama trade balance for 2021 was <strong>2.08 billion US dollars</strong>, a <strong>5.21% decline</strong> from 2020.</li>
<li>Panama trade balance for 2020 was <strong>2.19 billion US dollars</strong>, a <strong>1040886.98% 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.

In 2023, Nicaragua’s number one most exported product was gold. This raw, semi-manufactured or powdered commodity contributed approximately 1.1 billion U.S. dollars to the Nicaraguan total export value. At around 609 million dollars, coffee was the second most exported product in Nicaragua. It was followed by frozen, fresh, and refrigerated bovine meats that, combined, made up roughly 690 million dollars of the exported value for this Central American country. In addition to being the most important export products for Nicaragua, both gold and coffee, were among the top ten most exported goods in Central America.

Nicaragua’s leading trade partners

Whereas several Central American countries were among the lead trading partners of Nicaragua, it was the United States that led the list. The United States was by far the main trade partner of Nicaragua, both in terms of import and export, exceeding a total trade value of 6.8 billion U.S. dollars in 2022. In the case of China, however, the trade balance is rather uneven, as Nicaragua imported significantly more than it exported. This means that China is among the top ten main destinations of Nicaraguan exports, but not on the list of origin countries regarding imports.

Decline in Nicaraguan trade balance

The above-mentioned gap between import and export value in the case of China becomes even more relevant when looking at the trade balance of goods in Nicaragua over the past 10 years. Despite experiencing small fluctuations, Nicaragua has not registered a single trade surplus (positive trade balance) since 2012. The trade deficit in 2022 has, however, only slightly increased compared to the previous year.

This data package includes the underlying data and files to replicate the calculations, charts, and tables presented in Taming the US trade deficit: A dollar policy for balanced growth, PIIE Policy Brief 20-15.

If you use the data, please cite as: Gagnon, Joseph E. (2020). Taming the US trade deficit: A dollar policy for balanced growth. PIIE Policy Brief 20-15. Peterson Institute for International Economics.

This graph shows the growth in the U.S. import volume of trade goods from North America from 1985 to 2023. In 2023, U.S. imports from North America amounted to approximately 896.7 billion U.S. dollars.