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.

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

United States Trade Balance: BoP: sa: Goods Non Petroleum data was reported at -60.143 USD bn in May 2018. This records an increase from the previous number of -62.520 USD bn for Apr 2018. United States Trade Balance: BoP: sa: Goods Non Petroleum data is updated monthly, averaging -32.948 USD bn from Jan 1992 (Median) to May 2018, with 317 observations. The data reached an all-time high of -863.900 USD mn in Feb 1992 and a record low of -69.268 USD bn in Feb 2018. United States Trade Balance: BoP: sa: Goods Non Petroleum data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA002: Trade Statistics: BoP Basis: Seasonally Adjusted.

This graph shows the growth in the U.S. import volume of trade goods from Russia from 1992 to 2023. In 2023, U.S. imports from Russia amounted to approximately 4.57 billion U.S. dollars. RussiaRussia's foreign trade balance of goods generated a surplus of about 187 billion U.S. dollars, with more resulting from exports than imports in 2014. Russia exported trade goods valued about 418.8 billion U.S. dollars in 2019. In a global ranking of national exports, Russia was sixteenth. Leading exporters like China, the United States, and Germany are exporting goods worth between 1.5 and 2.5 trillion U.S. dollars. The placement of Russia’s export ranking is linear with its placement on the ranking of the biggest economies in the world. Russia had the eleventh largest GDP worldwide with about 1.6 trillion U.S. dollars in 2019. Russia's most important export countries are mostly its direct neighbors, like China, Ukraine, Belarus, Poland, and Kazakhstan. About 35 percent of all exports go to neighboring countries. China is the most important country within the aforementioned nations, which takes about 8 percent of Russia's exported goods. The United States are not among the top ten. The nation sits in twelfth place of Russia's export destinations, with about three percent. The products exported from Russia are unsurprisingly mainly mineral products and metals, with crude and refined petroleum making up for 54 percent of all exports. The main export product apart from resources is wheat. Exported wheat from Russia was valued at about 6.2 billion U.S. dollars in 2012. Russia is one of the principal wheat exporters. Although the development of Russia's exports has been somewhat positive in recent years, the political crisis with the Ukraine, resulting in economic sanctions applied by important trade countries like Germany, the EU, the United States and many others, might have dampened foreign trade altogether. The result was a negative growth in exports of about five percent in 2014.

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.

Key information about US's Trade Balance

• US's Trade Balance recorded a deficit of 155.6 USD bn in Jan 2025, compared with a deficit of 122.1 USD bn in the previous month
• US's Trade Balance data is updated monthly, available from Jan 1986 to Jan 2025, with an averaged value of -51.2 USD bn
• The data reached an all-time high of -3.7 USD bn in Feb 1992 and a record low of -155.6 USD bn in Jan 2025

• In the latest reports, US's Total Exports reached 171.6 USD bn in Jan 2025, a decrease of 26.1% YoY (year-on-year)
• Total Imports recorded 327.1 USD bn in Jan 2025, an increase of 26.1% YoY (year-on-year)

United States Trade Balance: BoP: sa: Goods data was reported at -65.787 USD bn in May 2018. This records an increase from the previous number of -68.364 USD bn for Apr 2018. United States Trade Balance: BoP: sa: Goods data is updated monthly, averaging -49.840 USD bn from Jan 1992 (Median) to May 2018, with 317 observations. The data reached an all-time high of -5.593 USD bn in Feb 1992 and a record low of -77.628 USD bn in Jul 2008. United States Trade Balance: BoP: sa: Goods data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA002: Trade Statistics: BoP Basis: Seasonally Adjusted.

United States - Trade Balance: Goods and Services, Balance of Payments Basis was -131382.00000 Mil. of $ in January 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 -131382.00000 in January 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 March of 2025.

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.

Belarus trade balance for was $0.00, a 0% increase from .

• Belarus trade balance for was $0.00, a 100% decline from 2023.
• Belarus trade balance for 2023 was 459.34 million US dollars, a 89.76% decline from 2022.
• Belarus trade balance for 2022 was 4.48 billion US dollars, a 13.92% increase from 2021.

United States US: Trade Balance: Emerging and Developing Economies: Europe: CIS: Russia data was reported at -10.016 USD bn in 2017. This records a decrease from the previous number of -8.715 USD bn for 2016. United States US: Trade Balance: Emerging and Developing Economies: Europe: CIS: Russia data is updated yearly, averaging -9.095 USD bn from Dec 1992 (Median) to 2017, with 26 observations. The data reached an all-time high of 1.587 USD bn in 1992 and a record low of -26.301 USD bn in 2011. United States US: Trade Balance: Emerging and Developing Economies: Europe: CIS: Russia 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.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for China (XTNTVA01CNM667S) from Jan 1992 to Dec 2024 about China, trade, Net, and goods.

United States US: Trade Balance: Advanced Economies: Denmark data was reported at -623.722 USD mn in May 2018. This records a decrease from the previous number of -462.211 USD mn for Apr 2018. United States US: Trade Balance: Advanced Economies: Denmark data is updated monthly, averaging -44.150 USD mn from Feb 1960 (Median) to May 2018, with 698 observations. The data reached an all-time high of 66.000 USD mn in Mar 1992 and a record low of -658.848 USD mn in Mar 2015. United States US: Trade Balance: Advanced Economies: Denmark 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 US: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Tuvalu data was reported at 0.659 USD mn in 2017. This records a decrease from the previous number of 1.075 USD mn for 2016. United States US: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Tuvalu data is updated yearly, averaging 0.405 USD mn from Dec 1989 (Median) to 2017, with 16 observations. The data reached an all-time high of 1.075 USD mn in 2016 and a record low of -1.000 USD mn in 1992. United States US: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Tuvalu 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.

United States Trade Balance: BoP: sa: Goods: Petroleum data was reported at -4.624 USD bn in May 2018. This records an increase from the previous number of -4.874 USD bn for Apr 2018. United States Trade Balance: BoP: sa: Goods: Petroleum data is updated monthly, averaging -8.686 USD bn from Jan 1992 (Median) to May 2018, with 317 observations. The data reached an all-time high of -2.531 USD bn in Dec 1993 and a record low of -42.439 USD bn in Jul 2008. United States Trade Balance: BoP: sa: Goods: Petroleum data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA002: Trade Statistics: BoP Basis: Seasonally Adjusted.

United States Trade Balance: Pacific Rim Countries data was reported at -41.795 USD bn in May 2018. This records a decrease from the previous number of -36.940 USD bn for Apr 2018. United States Trade Balance: Pacific Rim Countries data is updated monthly, averaging -22.633 USD bn from Jan 1992 (Median) to May 2018, with 317 observations. The data reached an all-time high of -4.868 USD bn in Feb 1992 and a record low of -44.585 USD bn in Oct 2017. United States Trade Balance: Pacific Rim Countries data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA009: Trade Statistics: Census Basis: By Region. Includes Australia, Brunei, China, Hong Kong, Indonesia, Japan, Korea, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, Singapore, and Taiwan.

United States Trade Balance: Luxembourg data was reported at 38.200 USD mn in May 2018. This records an increase from the previous number of 21.200 USD mn for Apr 2018. United States Trade Balance: Luxembourg data is updated monthly, averaging 11.000 USD mn from Jan 1992 (Median) to May 2018, with 317 observations. The data reached an all-time high of 383.000 USD mn in Oct 2011 and a record low of -68.800 USD mn in Jan 2006. United States Trade Balance: Luxembourg 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.

United States - Exports of Goods and Services, Balance of Payments Basis was 269819.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Exports of Goods and Services, Balance of Payments Basis reached a record high of 273366.00000 in November of 2024 and a record low of 50044.00000 in May of 1992. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Exports of Goods and Services, Balance of Payments Basis - last updated from the United States Federal Reserve on March of 2025.

United States US: Trade Balance: Advanced Economies: Latvia data was reported at -78.265 USD mn in Mar 2018. This records a decrease from the previous number of -25.980 USD mn for Dec 2017. United States US: Trade Balance: Advanced Economies: Latvia data is updated quarterly, averaging 4.305 USD mn from Mar 1992 (Median) to Mar 2018, with 105 observations. The data reached an all-time high of 113.476 USD mn in Dec 2011 and a record low of -174.900 USD mn in Mar 2003. United States US: Trade Balance: Advanced Economies: Latvia 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.

United States - Imports of Services, Balance of Payments Basis was 71655.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Imports of Services, Balance of Payments Basis reached a record high of 71797.00000 in December of 2024 and a record low of 9688.00000 in April of 1992. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Imports of Services, Balance of Payments Basis - last updated from the United States Federal Reserve on March of 2025.