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.

The United States recorded a trade deficit of 59.55 USD Billion in August 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.

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.

View monthly updates and historical trends for US Trade Deficit. from United States. Source: Bureau of Economic Analysis. Track economic data with YCharts…

Goods Trade Balance in the United States increased to -85541 USD Million in August from -102840 USD Million in July of 2025. This dataset provides - United States Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Since 2009, Brazil has experienced successive trade deficits with the US. This indicates that Brazil has spent more on imports than it has earned on exports. In 2024, the trade deficit was 0.25 billion U.S. dollars.

The balance of trade of goods and services of the United States in the third quarter of 2024 amounted to a deficit of around 250.03 billion U.S. dollars. This is an increase from the previous quarter, when the balance of goods and services of the U.S. amounted to a deficit of 236.34 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.

Key information about US's Trade Balance

• US's Trade Balance recorded a deficit of 84.3 USD bn in Aug 2025, compared with a deficit of 102.7 USD bn in the previous month
• US's Trade Balance data is updated monthly, available from Jan 1986 to Aug 2025, with an averaged value of -72.4 USD bn
• The data reached an all-time high of -3.7 USD bn in Feb 1992 and a record low of -162.0 USD bn in Mar 2025

• In the latest reports, US's Total Exports reached 178.2 USD bn in Aug 2025, an increase of 3.8% YoY (year-on-year)
• Total Imports recorded 262.5 USD bn in Aug 2025, a decrease of 3.8% YoY (year-on-year)

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 recorded a trade surplus of 90.07 USD Billion in October of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The United States recorded a Current Account deficit of 3.90 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

In 2024, the United States reported the highest trade balance deficit with approximately **** trillion U.S. dollars.

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

A collection of the following trade data fields (in billions of USD) from 100+ countries: * U.S. total goods trade with the country * U.S. goods exports to the country * Year-over-year change (in percentage) in U.S. goods exports * U.S. goods imports from the country * Year-over-year change (in percentage) in U.S. goods imports * U.S. goods trade surplus or deficit with the country * Year-over-year change (in percentage) in the trade balance

This data refers to 2024 and was dynamically extracted in 2025 from the USTR website using web scraping.

The timeline shows the total value of U.S. trade in goods (export and import) with Brazil from 2000 to 2024. In 2024, exports surpassed imports, leading to a positive trade balance of almost **** billion U.S. dollars.

Key information about United States Total Exports

• United States Total Exports recorded 178.2 USD bn in Aug 2025, compared with 178.5 USD bn in the previous month
• US Total Exports data is updated monthly, available from Jan 1989 to Aug 2025, with an averaged value of 92.6 USD bn
• The data reached an all-time high of 190.1 USD bn in Apr 2025 and a record low of 28.4 USD bn in Jan 1989

• In the latest reports, US Total Exports grew 0.8 % YoY in Aug 2025
• Total Imports recorded 262.5 USD bn in Aug 2025, which registered a decrease of 3.8 % year on year
• US Trade Balance recorded a deficit of 84.3 USD bn in Aug 2025

Graph and download economic data for Net Exports of Goods and Services (NETEXP) from Q1 1947 to Q2 2025 about exports, Net, goods, services, GDP, and USA.

The United States is the European Union's biggest trading partner as of 2023, with the total value of trade between the EU and the North American country exceeding ****billion dollars. China was the EU's second-largest trading partner, however, in contrast to the substantial trade surplus that the EU has with the United States, the EU has a large trade deficit with China. In 2022, the EU imported *** billion euros worth of goods from China than it exported to the East Asian country. Other prominent trade partners included the UK, Switzerland, and Turkey.