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 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.

In 2024, South Korea's trade balance with the United States recorded a surplus that amounted to around ***** billion U.S. dollars. South Korea has become one of the United States’ largest trade partners. The Free Trade Agreement between the two governments came into force in March 2012. As of May 2025, South Korea seeks to delay a decision about tariffs until new presidential elections in June 2025. Korea’s export trade with the U.S. In 2024, the United States was the second most important export trade destination after China. In accordance with the high trade surplus recorded by South Korea, the value of goods exports to the U.S. continued to increase every year. Historically, China and the U.S. were the most important export partner for South Korea, with changes only happening due to domestic or bilateral politics. The effect of U.S. president Trump’s increase of tariffs on the economic relations between the two nations remains to be seen. Korea’s imports from the U.S. Despite the trade balance tipping in clear favor of South Korea, the United States was still one of the most important partners for imports. Overall, the value of goods imported into the country has increased, with a quick recovery from occasional decreases. Next to the imports of goods, the United States have become one of the most important suppliers of foreign direct investment (FDI) for South Korea. Despite this importance, the actual investments were notably lower than the pledged amount.

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.

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.

In April 2025, the total value of the U.S. trade in goods with China amounted to more than 33.57 billion U.S. dollars. This comprises an 8.19 billion U.S. dollar export value and around 25.38 billion U.S. dollar import value.

United States - Advance U.S. International Trade in Goods: Balance was -87623.74200 Mil. of $ in April of 2025, according to the United States Federal Reserve. Historically, United States - Advance U.S. International Trade in Goods: Balance reached a record high of -59884.53300 in February of 2020 and a record low of -161984.94900 in March of 2025. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Advance U.S. International Trade in Goods: Balance - last updated from the United States Federal Reserve on July of 2025.

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.

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.

In May 2025, Chinese exports amounted to around ***** billion U.S. dollars. This indicated an increase in exports compared to the same period of the previous year. Export trade in China China overtook the United States as the world’s largest trading nation in 2013. In the years that followed, the country remained one of the strongest players in global and regional trade. According to the IMF, China’s total gross domestic product (GDP) had ranged at around ***** trillion U.S. dollars in 2024. Thus, exports of goods had accounted for more than a third of China’s total economic output that year. In 2024, China’s trade surplus amounted to *** billion U.S. dollars. Since the implementation of various reform strategies in 1979, China’s economic development has largely profited from its export-led growth strategy. In 2024, the most important export partner for China was ASEAN. Automatic data processing machines, integrated circuits, and clothes were among China’s main export goods. It is noticeable that China’s comparative advantage nowadays lies not only in labor-intensive manufactured goods. Over the past years, China has steadily moved up the global value chain by increasing the export share of high technology products such as computers and power devices. China has been frequently accused of currency manipulation by other countries. The country is criticized for deliberately keeping its currency yuan undervalued, to give Chinese goods export advantages.

United States - Trade Balance: Goods and Services, Balance of Payments Basis was -61617.00000 Mil. of $ in April of 2025, according to the United States Federal Reserve. Historically, United States - Trade Balance: Goods and Services, Balance of Payments Basis reached a record high of -831.00000 in February of 1992 and a record low of -138316.00000 in March of 2025. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Trade Balance: Goods and Services, Balance of Payments Basis - last updated from the United States Federal Reserve on July of 2025.

Hong Kong recorded a trade deficit of 27325 HKD Million in May of 2025. This dataset provides the latest reported value for - Hong Kong Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The USD to EUR exchange rate in 2022 roughly 30 percent higher than it was in 2012, revealing a very strong dollar against the euro. The value of 0.85 euros per dollar was noticeably higher than the 2016 peak of 0.95 euros per dollar, but still above the price before the Eurozone Crisis. This started in 2009 and was caused by difficulties of several European countries with repaying government debt. What does the exchange rate mean? At any single point, an exchange rate is simply a measure of the value of one currency in terms of another. However, when the exchange rate shifts, one currency gets “stronger” and the other “weaker”. This is particularly important in international trade. A strong currency makes imports cheaper, so one could expect the trade balance of a country with a strong currency to decrease. In such a way, a strong currency would hurt a country with a high trade surplus. Exchange rate investments There is a financial market built around currency fluctuations. The foreign exchange market, or forex market, has a daily turnover of trillions of dollars. This market is critical for international trade, but many investors simply use it to speculate.

Argentina recorded a trade surplus of 608 USD Million in May of 2025. This dataset provides the latest reported value for - Argentina Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Germany recorded a trade surplus of 14.60 EUR Billion in April of 2025. This dataset provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mexico recorded a trade surplus of 1029 USD Million in May of 2025. This dataset provides the latest reported value for - Mexico 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 - Trade Balance: Services, Balance of Payments Basis was 25797.00000 Mil. of $ in April of 2025, according to the United States Federal Reserve. Historically, United States - Trade Balance: Services, Balance of Payments Basis reached a record high of 26857.00000 in March of 2024 and a record low of 3279.00000 in March of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Trade Balance: Services, Balance of Payments Basis - last updated from the United States Federal Reserve on June of 2025.

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.

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.