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 295.4 billion U.S. dollars.

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.

United States Trade Balance: India: sa data was reported at -1.908 USD bn in May 2018. This records an increase from the previous number of -2.040 USD bn for Apr 2018. United States Trade Balance: India: sa data is updated monthly, averaging -1.743 USD bn from Jan 2009 (Median) to May 2018, with 113 observations. The data reached an all-time high of -22.000 USD mn in Aug 2009 and a record low of -2.656 USD bn in Apr 2014. United States Trade Balance: India: sa data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.

This statistic shows the merchandise trade balance of Taiwan with the United States from 2014 to 2024. The trade balance represents the value of exports minus the value of imports. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. In 2024, Taiwan's trade surplus with the United States amounted to **** billion U.S. dollars.

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.

United States US: Trade Balance: Advanced Economies: Czech Republic data was reported at -78.264 USD mn in May 2018. This records an increase from the previous number of -173.598 USD mn for Apr 2018. United States US: Trade Balance: Advanced Economies: Czech Republic data is updated monthly, averaging -82.250 USD mn from Jan 1993 (Median) to May 2018, with 304 observations. The data reached an all-time high of 94.700 USD mn in Mar 1997 and a record low of -249.223 USD mn in Dec 2014. United States US: Trade Balance: Advanced Economies: Czech Republic 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: Peru data was reported at 49.000 USD mn in Sep 2018. This records a decrease from the previous number of 141.000 USD mn for Aug 2018. United States Trade Balance: Peru data is updated monthly, averaging 10.900 USD mn from Jan 1985 (Median) to Sep 2018, with 405 observations. The data reached an all-time high of 464.400 USD mn in Aug 2014 and a record low of -368.300 USD mn in Nov 2005. United States Trade Balance: Peru data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.

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.

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.

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.

Spain Trade Balance: OECD: United States data was reported at -226,871.180 EUR th in Sep 2018. This records a decrease from the previous number of 62,651.332 EUR th for Aug 2018. Spain Trade Balance: OECD: United States data is updated monthly, averaging -91,761.681 EUR th from Jan 1960 (Median) to Sep 2018, with 705 observations. The data reached an all-time high of 192,938.786 EUR th in Dec 2014 and a record low of -611,825.682 EUR th in Mar 1989. Spain Trade Balance: OECD: United States data remains active status in CEIC and is reported by Ministry of Economy and Competitiveness. The data is categorized under Global Database’s Spain – Table ES.JA002: Trade Balance: by Country.

In 2023, Japan recorded a surplus in goods and services trade with the United States valued at around 10.3 trillion Japanese yen. The Japanese trade balance with the U.S. remained positive in recent years, with a decade-high reported in 2023.

In 2024, Brazil reported a trade deficit of over ********** U.S. dollars worth of pharmaceutical products, an increase of over ************ U.S. dollars compared to 2014. A year earlier, this trade deficit was equivalent to almost *********** U.S. dollars. During the last year depicted, imports of pharmaceutical products in the country reached a value of over ********** U.S. dollars.

Panama: Trade balance, billion USD: The latest value from 2023 is 0.43 billion U.S. dollars, a decline from 3.04 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 Panama from 1977 to 2023 is -0.01 billion U.S. dollars. The minimum value, -2.45 billion U.S. dollars, was reached in 2014 while the maximum of 3.04 billion U.S. dollars was recorded in 2022.

Indonesia recorded a trade surplus of 4300 USD Million in May of 2025. This dataset provides the latest reported value for - Indonesia 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.

Graph and download economic data for Balance on Merchandise Trade (DISCONTINUED) (BOPBM) from Q1 1960 to Q1 2014 about merchandise, balance, trade, and USA.

United States Trade Balance: Germany: sa data was reported at -5.677 USD bn in May 2018. This records a decrease from the previous number of -5.595 USD bn for Apr 2018. United States Trade Balance: Germany: sa data is updated monthly, averaging -5.278 USD bn from Jan 2009 (Median) to May 2018, with 113 observations. The data reached an all-time high of -1.599 USD bn in May 2009 and a record low of -6.781 USD bn in May 2014. United States Trade Balance: Germany: sa data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.

In 2023, Mexican imports of pharmaceutical products exceeded its exports by around *********** U.S. dollars, the largest deficit reported during the period analyzed. A year earlier, the North American nation reported a trade deficit of about************* U.S. dollars in the pharmaceuticals segment. The market value of Mexico's pharmaceutical industry amounted to almost ********** U.S. dollars in 2023.

United States US: Trade Balance: Advanced Economies: Singapore data was reported at 10.356 USD bn in 2017. This records an increase from the previous number of 9.068 USD bn for 2016. United States US: Trade Balance: Advanced Economies: Singapore data is updated yearly, averaging 162.500 USD mn from Dec 1958 (Median) to 2017, with 58 observations. The data reached an all-time high of 13.811 USD bn in 2014 and a record low of -3.963 USD bn in 1996. United States US: Trade Balance: Advanced Economies: Singapore 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.