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.

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

Goods Trade Balance in the United States increased to -85988 USD Million in June from -96423 USD Million in May of 2025. This dataset provides - United States Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar 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.

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

The U.S. Census Bureau provides monthly Trade Balance in USD.

Further information about US's Trade Balance

• 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)

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.

China recorded a trade surplus of 114.77 USD Billion in June of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Hong Kong recorded a trade deficit of 58925 HKD Million in June 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.

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.

Germany recorded a trade surplus of 18.40 EUR Billion in May of 2025. This dataset provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Advance U.S. International Trade in Goods: Balance (AITGCBS) from Apr 2025 to Apr 2025 about balance, trade, goods, and USA.

Key information about United States Total Exports

• United States Total Exports recorded 171.6 USD bn in Jan 2025, compared with 168.8 USD bn in the previous month
• US Total Exports data is updated monthly, available from Jan 1989 to Jan 2025, with an averaged value of 86.4 USD bn
• The data reached an all-time high of 181.2 USD bn in Jul 2022 and a record low of 28.4 USD bn in Jan 1989

[COVID-19-IMPACT]


Further information about United States Total Exports

• In the latest reports, US Total Exports dropped 7.9 % YoY in May 2023
• Total Imports recorded 327.1 USD bn in Jan 2025, which registered an increase of 26.1 % year on year
• US Trade Balance recorded a deficit of 155.6 USD bn in Jan 2025

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.

Key information about Greece's Trade Balance

• Greece's Trade Balance recorded a deficit of 2.9 USD bn in Jan 2025, compared with a deficit of 3.2 USD bn in the previous month
• Greece's Trade Balance data is updated monthly, available from Jan 2002 to Jan 2025, with an averaged value of -2.6 USD bn
• The data reached an all-time high of -681.6 USD mn in Jul 2015 and a record low of -6.6 USD bn in Jun 2008

CEIC converts monthly Trade Balance into USD. Hellenic Statistical Authority provides Trade Balance in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.

Further information about Greece's Trade Balance

• In the latest reports, Greece's Total Exports reached 4.2 USD bn in Jan 2025, an increase of 4.7% YoY (year-on-year)
• Total Imports recorded 7.2 USD bn in Jan 2025, an increase of 4.7% YoY (year-on-year)

Brazil recorded a trade surplus of 5890 USD Million in June of 2025. This dataset provides the latest reported value for - Brazil Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about United States Total Imports Growth

• United States Total Imports grew 26.1 % YoY in Jan 2025, compared with a decrease of 12.9 % YoY in the previous month
• United States Total Imports Growth data is updated monthly, available from Jan 1990 to Jan 2025, with an averaged rate of 7.1 %
• The data reached an all-time high of 38.7 % in May 2021 and a record low of -35.4 % in May 2009

CEIC calculates Total Imports Growth from monthly Total Imports. The U.S. Census Bureau provides Total Imports, CIF, in USD.


Further information about United States Total Imports Growth

• In the latest reports, United States Total Imports recorded 327.1 USD bn in Jan 2025
• Total Exports reached 171.6 USD bn in Jan 2025, which registered a decrease of 7.9 % year on year
• United States Trade Balance recorded a deficit of 155.6 USD bn in Jan 2025

Key information about India's Trade Balance

• India's Trade Balance recorded a deficit of 23.0 USD bn in Jan 2025, compared with a deficit of 21.9 USD bn in the previous month
• India's Trade Balance data is updated monthly, available from Jan 1957 to Jan 2025, with an averaged value of -420.4 USD mn
• The data reached an all-time high of 709.6 USD mn in Jun 2020 and a record low of -31.8 USD bn in Nov 2024

CEIC extends history for monthly Trade Balance. The Ministry of Commerce and Industry provides Trade Balance in USD. Trade Balance prior to April 1990 is sourced from the International Monetary Fund.

Further information about India's Trade Balance

• In the latest reports, India's Total Exports reached 36.4 USD bn in Jan 2025, an increase of 14.5% YoY (year-on-year)
• Total Imports recorded 59.4 USD bn in Jan 2025, an increase of 14.5% YoY (year-on-year)

Key information about New Zealand's Trade Balance

• New Zealand's Trade Balance recorded a deficit of 273.5 USD mn in Jan 2025, compared with a surplus of 54.0 USD mn in the previous month
• New Zealand's Trade Balance data is updated monthly, available from Jan 1960 to Jan 2025, with an averaged value of -10.8 USD mn
• The data reached an all-time high of 913.8 USD mn in Apr 2011 and a record low of -1.7 USD bn in Aug 2022

CEIC converts monthly Trade Balance into USD. Stats NZ provides Trade Balance in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Further information about New Zealand's Trade Balance

• In the latest reports, New Zealand's Total Exports reached 3.5 USD bn in Jan 2025, an increase of 13.4% YoY (year-on-year)
• Total Imports recorded 3.8 USD bn in Jan 2025, an increase of 13.4% YoY (year-on-year)

Key information about United States Total Imports

• United States Total Imports recorded 327.1 USD bn in Jan 2025, compared with a value of 290.9 USD bn in the previous month
• United States Total Imports data is updated monthly, available from Jan 1989 to Jan 2025, with an average number of 148.6 USD bn
• The data reached an all-time high of 327.1 USD bn in Jan 2025 and a record low of 37.5 USD bn in Jan 1989

[COVID-19-IMPACT]


Further information about United States Total Imports

• In the latest reports, United States Total Imports grew 26.1 % YoY in Jan 2025
• Total Exports dropped 7.9 % YoY, to 171.6 USD bn in Jan 2025
• United States Trade Balance recorded a deficit of 155.6 USD bn in Jan 2025