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.

Explore the impact of the U.S. trade deficit reaching new heights alongside declining GDP forecasts, and what it means for the economy and various industries.

Graph and download economic data for Equity Market Volatility Tracker: Macroeconomic News and Outlook: Trade (EMVMACROTRADE) from Jan 1985 to Jun 2025 about volatility, uncertainty, equity, trade, and USA.

The Gross Domestic Product (GDP) in the United States contracted 0.50 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fault Lines Widen in the Global Recovery

Economic prospects have diverged further across countries since the April 2021 World Economic Outlook (WEO) forecast. Vaccine access has emerged as the principal fault line along which the global recovery splits into two blocs: those that can look forward to further normalization of activity later this year (almost all advanced economies) and those that will still face resurgent infections and rising COVID death tolls. The recovery, however, is not assured even in countries where infections are currently very low so long as the virus circulates elsewhere.

The global economy is projected to grow 6.0 percent in 2021 and 4.9 percent in 2022.The 2021 global forecast is unchanged from the April 2021 WEO, but with offsetting revisions. Prospects for emerging market and developing economies have been marked down for 2021, especially for Emerging Asia. By contrast, the forecast for advanced economies is revised up. These revisions reflect pandemic developments and changes in policy support. The 0.5 percentage-point upgrade for 2022 derives largely from the forecast upgrade for advanced economies, particularly the United States, reflecting the anticipated legislation of additional fiscal support in the second half of 2021 and improved health metrics more broadly across the group.

Recent price pressures for the most part reflect unusual pandemic-related developments and transitory supply-demand mismatches. Inflation is expected to return to its pre-pandemic ranges in most countries in 2022 once these disturbances work their way through prices, though uncertainty remains high. Elevated inflation is also expected in some emerging market and developing economies, related in part to high food prices. Central banks should generally look through transitory inflation pressures and avoid tightening until there is more clarity on underlying price dynamics. Clear communication from central banks on the outlook for monetary policy will be key to shaping inflation expectations and safeguarding against premature tightening of financial conditions. There is, however, a risk that transitory pressures could become more persistent and central banks may need to take preemptive action.

Risks around the global baseline are to the downside. Slower-than-anticipated vaccine rollout would allow the virus to mutate further. Financial conditions could tighten rapidly, for instance from a reassessment of the monetary policy outlook in advanced economies if inflation expectations increase more rapidly than anticipated. A double hit to emerging market and developing economies from worsening pandemic dynamics and tighter external financial conditions would severely set back their recovery and drag global growth below this outlook’s baseline.

Multilateral action has a vital role to play in diminishing divergences and strengthening global prospects. The immediate priority is to deploy vaccines equitably worldwide. A $50 billion IMF staff proposal, jointly endorsed by the World Health Organization, World Trade Organization, and World Bank, provides clear targets and pragmatic actions at a feasible cost to end the pandemic. Financially constrained economies also need unimpeded access to international liquidity. The proposed $650 billion General Allocation of Special Drawing Rights at the IMF is set to boost reserve assets of all economies and help ease liquidity constraints. Countries also need to redouble collective efforts to reduce greenhouse gas emissions. These multilateral actions can be reinforced by national-level policies tailored to the stage of the crisis that help catalyze a sustainable, inclusive recovery. Concerted, well-directed policies can make the difference between a future of durable recoveries for all economies or one with widening fault lines—as many struggle with the health crisis while a handful see conditions normalize, albeit with the constant threat of renewed flare-ups.

United States Real Effective Exchange Rate: Constant Trade Weights data was reported at 1.142 Index, 2021 in Dec 2026. This records a decrease from the previous number of 1.143 Index, 2021 for Sep 2026. United States Real Effective Exchange Rate: Constant Trade Weights data is updated quarterly, averaging 1.006 Index, 2021 from Mar 2007 (Median) to Dec 2026, with 80 observations. The data reached an all-time high of 1.147 Index, 2021 in Mar 2025 and a record low of 0.824 Index, 2021 in Jun 2011. United States Real Effective Exchange Rate: Constant Trade Weights data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.EO: Effective Exchange Rate: Forecast: OECD Member: Quarterly.

Goods Trade Balance in the United States decreased to -96590 USD Million in May from -86970 USD Million in April of 2025. This dataset provides - United States Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Komatsu's financial outlook improves as U.S.-China trade tensions ease, potentially reducing a $140 million tariff impact. The company explores strategic supply chain shifts and acquisitions to navigate future risks.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

US Trade Deficit Expected to Narrow, But Still in the Red

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

United States USD Trade Weighted Index: Nominal: Emerging Market Economies data was reported at 121.368 2006=100 in Jan 2019. This records a decrease from the previous number of 123.885 2006=100 for Dec 2018. United States USD Trade Weighted Index: Nominal: Emerging Market Economies data is updated monthly, averaging 98.829 2006=100 from Jan 2006 (Median) to Jan 2019, with 157 observations. The data reached an all-time high of 124.362 2006=100 in Nov 2018 and a record low of 89.858 2006=100 in Jul 2008. United States USD Trade Weighted Index: Nominal: Emerging Market Economies data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.M016: US Dollar Trade Weighted Index.

China boasts the fastest growing GDP of all developed nations. Neighboring regions will have the largest middle class in history. China is building transport infrastructure to take advantage. Companies that capture market share in this region will be the largest and best performing over the next decade.

Macro Tailwinds

1) China GDP is the fastest growing of any major country with expected 5-6% over the next decade. If businesses (Alibaba, Tencent, etc..) maintain flat market share, that alone will drive 5-6% over the next decade. This is already higher than JP Morgans expectation (from their 13f filings) that the US market will perform between -5% and +5% over this coming decade.

2) The Southeast Asia Region contains about 5 billion people. China is constructing the One Best One Road which will be completed by 2030. This will grant their businesses access to the fastest and largest growing middle class in human history. Over the next 10+ years this region will be home to the largest middle class in history, potentially over 10x that of North America and Europe, based on stock price in Google Sheets.

Increasing average Chinese income.

Chinese average income has more than doubled over the last decade. Having sustained the least economic damage from the virus, this trend is expected to continue. At this pace the average Chinese citizen salary will be at 50% of the average US by 2030 (with stock price in Excel provided by Finsheet via Finnhub Stock Api), with the difference being there are 4x more Chinese. Thus a market potential of almost 2x the US over the next decade.

The Southeast Asia Region now contains the largest total number of billionaires, this number is expected to increase at an increasing rate as the region continues to develop. Over the next 10 years the largest trading route ever assembled will be completed, and China will be the primary provider of goods to 5b+ people

2013 North America was home to the largest number of billionaires. This reversed with Asia over the following 5 years. This separation is expected to continue at an increasing rate. Why does this matter? Over the next 10 years the largest trading route ever assembled will be completed, and China will be the primary provider of goods to 5b+ people

Companies that can easily access all customers in the world will perform best. This is good news for Apple, Microsoft, and Disney. Disney stock price in Excel right now is $70. But not for Amazon or Google which at first may sound contrary as the expectation is that Amazon "will take over the world". However one cannot do that without first conquering China. Firms like Alibaba and Tencent will have easy access to the global infrastructure being built by China in an attempt to speed up and ease trade in that region. The following guide shows how to get stock price in Excel.

We will explore companies using a:

1) Past

2) Present (including financial statements)

3) Future

4) Story/Tailwind

Method to find investing ideas in these regions. The tailwind is currently largest in the Asia region with 6%+ GDP growth according to the latest SEC form 4 from Edgar Company Search. This is relevant as investments in this region have a greater margin of safety; investing in a company that maintains flat market share should increase about 6% per year as the market growth size is so significant. The next article I will explore Alibaba (NYSE: BABA), and why I recently purchased a large position during the recent Ant Financial Crisis.

Imports of low carbon technology products comprise all low carbon technology products entering the national territory. A relatively high share of low carbon technology products imports indicates that an economy purchases a significant share of low carbon technology products from other economies. Exports of low carbon technology products comprise all low carbon technology products leaving the national territory. A relatively high share of low carbon technology products exports indicates that an economy produces and sells a significant share of low carbon technology products to other economies. An economy’s trade balance in low carbon technology products is the difference between its exports and imports of low carbon technology products.Comparative advantage is a measure of the relative advantage or disadvantage a particular economy has in a certain class of goods (in this case, low carbon technology products), and can be used to evaluate export potential in that class of goods. A value greater than one indicates a relative advantage in low carbon technology products, while a value of less than one indicates a relative disadvantage.Sources: Department of Economic and Social Affairs/United Nations. 2022. United Nations Comtrade database. https://comtrade.un.org. International Monetary Fund (IMF) Direction of Trade Statistics (DOTS). https://data.imf.org/dot. World Economic Outlook (WEO) Database. https://www.imf.org/en/Publications/WEO/weo-database/2022/April. IMF staff calculations.Category: Mitigation,Transition to a Low-Carbon EconomyData series: Comparative advantage in low carbon technology productsExports of low carbon technology productsExports of low carbon technology products as percent of GDPExports of low carbon technology products as share of total exportsImports of low carbon technology productsImports of low carbon technology products as percent of GDPImports of low carbon technology products as share of total importsTotal trade in low carbon technology productsTotal trade in low carbon technology products as percent of GDPTrade balance in low carbon technology productsTrade balance in low carbon technology products as percent of GDPMetadata:Sources: Trade data from UN Comtrade Database (https://comtrade.un.org/). Harmonized Commodity Description and Coding System (HS) 2017. Trade aggregates from IMF Direction of Trade Statistics (DOTS) (data.imf.org/dot). GDP data from World Economic Outlook.Methodology:Low carbon technology products are estimated by aggregating HS 6-digit commodities identified as low carbon technology products based on Pigato, Miria A., Simon J. Black, Damien Dussaux, Zhimin Mao, Miles McKenna, Ryan Rafaty, and Simon Touboul. 2020. Technology Transfer and Innovation for Low-Carbon Development. International Development in Focus. Washington, DC: World Bank, and IMF research. Trade balance in low carbon technology products is calculated as low carbon technology products exports less low carbon technology products imports. A positive trade balance means an economy has a surplus in low carbon technology products, while a negative trade balance means an economy has a deficit in low carbon technology products.Total goods are estimated by aggregating all commodities. Comparative advantage is calculated as the proportion of an economy’s exports that are low carbon technology products to the proportion of global exports that are low carbon technology products. Total trade in low carbon technology products is calculated as the sum of low carbon technology products exports and low carbon technology products imports. National-accounts basis GDP at current prices from the World Economic Outlook is used to calculate the percent of GDP. This measure provides an indication of an economy’s involvement (openness) to trade in low carbon technology products, which is important for understanding how these technologies can be transferred between economies.Methodology Attachment Low Carbon Technology Harmonized System Codes

Snapshot img

Foreign Exchange Market Size 2025-2029

The foreign exchange market size is forecast to increase by USD 582 billion, at a CAGR of 10.6% between 2024 and 2029.

The Foreign Exchange Market is segmented by type (reporting dealers, financial institutions, non-financial customers), trade finance instruments (currency swaps, outright forward and FX swaps, FX options), trading platforms (electronic trading, over-the-counter (OTC), mobile trading), and geography (North America: US, Canada; Europe: Germany, Switzerland, UK; Middle East and Africa: UAE; APAC: China, India, Japan; South America: Brazil; Rest of World). This segmentation reflects the market's global dynamics, driven by institutional trading, increasing digital adoption through electronic trading and mobile trading, and regional economic activities, with APAC markets like India and China showing significant growth alongside traditional hubs like the US and UK.
The market is experiencing significant shifts driven by the escalating trends of urbanization and digitalization. These forces are creating 24x7 trading opportunities, enabling greater accessibility and convenience for market participants. However, the market's dynamics are not without challenges. The uncertainty of future exchange rates poses a formidable obstacle for businesses and investors alike, necessitating robust risk management strategies. As urbanization continues to expand and digital technologies reshape the trading landscape, market players must adapt to remain competitive. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. Companies seeking to capitalize on these opportunities must navigate the challenges effectively, ensuring they stay abreast of exchange rate fluctuations and implement agile strategies to mitigate risk.
The ability to adapt and respond to these market shifts will be crucial for success in the evolving market.

What will be the Size of the Foreign Exchange Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic and intricate realm of the market, entities such as algorithmic trading, order book, order management systems, and liquidity risk intertwine, shaping the ever-evolving market landscape. The market's continuous unfolding is characterized by the integration of various components, including sentiment analysis, Fibonacci retracement, mobile trading, and good-for-the-day orders. Market activities are influenced by factors like political stability, monetary policy, and market liquidity, which in turn impact economic growth and trade settlement. Technical analysis, with its focus on chart patterns and moving averages, plays a crucial role in informing trading decisions. The market's complexity is further amplified by the presence of entities like credit risk, counterparty risk, and operational risk.

Central bank intervention, order execution, clearing and settlement, and trade confirmation are essential components of the market's infrastructure, ensuring a seamless exchange of currencies. Geopolitical risk, currency correlation, and inflation rates contribute to currency volatility, necessitating hedging strategies and risk management. Market risk, interest rate differentials, and commodity currencies influence trading strategies, while cross-border payments and brokerage services facilitate international trade. The ongoing evolution of the market is marked by the emergence of advanced trading platforms, automated trading, and real-time data feeds, enabling traders to make informed decisions in an increasingly interconnected and complex global economy.

How is this Foreign Exchange Industry segmented?

The foreign exchange industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reporting dealers
  Financial institutions
  Non-financial customers


Trade Finance Instruments

  Currency swaps
  Outright forward and FX swaps
  FX options


Trading Platforms

  Electronic Trading
  Over-the-Counter (OTC)
  Mobile Trading


Geography

  North America

    US
    Canada


  Europe

    Germany
    Switzerland
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period.

The market is a dynamic and complex ecosystem where various entities interplay to manage currency risks and facilitate international trade. Reporting dealers, as key participants,

The size of the US Online Trading Platform market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.11% during the forecast period.An online trading platform is the name given to that software application of the trade exchange which helps conduct trading for monetary instruments over the internet, using which users are offered a host of tools and services such as current market information in real-time and charting along with analyzing techniques, an ordering mechanism and then portfolio management too. These web-based platforms revolutionized financial markets by enabling trade participation in this universe of investing. Among the most advanced online trading markets in the world is in the US, whose support derives from the presence of a large and sophisticated investor base, an advanced regulatory framework, and strong technological infrastructure. Recent developments include: May 2023 - Etoro announced the launch of InsuranceWorld, a portfolio offering retail investors long-term exposure to the insurance sector. InsuranceWorld is a new addition to eToro's existing offering of portfolios, which already provides exposure to traditional financial sectors, such as private equity, big banks, and real estate trusts., April 2023 - Twitter, a US-based company, partnered with the cryptocurrency exchange eToro to allow users to trade stocks, cryptocurrencies, and other assets on the social network's platform by using the online platform services offered by eToro, which would generate new revenue streams for the market vendors.. Key drivers for this market are: Increasing Accessibility and the Rise in the Adoption of Smartphones, Integration of AI Technology and Robo Advisors to Update on Real-Time Updates; Capabilities Such as Trade Order and Investment Management Integrated into a Single Platform. Potential restraints include: Increasing Risk of Counterfeits. Notable trends are: Increasing Accessibility and the Rise in the Adoption of Smartphones is Expected to Drive the Market Growth.

March saw an 11% rise in U.S. container imports, but future growth is threatened by escalating tariffs and global trade tensions.

The gross domestic product (GDP) growth rate of all major economies included except China was negative in 2020 following the COVID-19 pandemic. Growth rates were positive again in 2021, but stagnated in some countries in 2023 amid high inflation rates. What does GDP measure? GDP is the sum of all consumption, investment, government spending, and net exports in an economy. As such, different things drive the growth of each of these countries. Germany benefits from a high value of net exports, also known as its trade balance. Drawbacks of GDP growth as a metric GDP measures growth, but it does not capture welfare gains correctly in many cases. For example, carbon dioxide emissions often go hand in hand with a growing GDP. These emissions are from industry, such as coal power plants, or consumption, such as driving cars, but GDP does not measure the damage from these activities. Also, national debt is not incorporated into GDP.

The United States trade finance market size reached USD 13.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 24.2 Billion by 2033, exhibiting a growth rate (CAGR) of 6.8% during 2025-2033. The increasing globalization of businesses, growing international trade, rapid technological advancements, favorable government regulations and policies, continuous innovation in financial products and the rise of small and medium-sized enterprises (SMEs) represent some of the key factors driving the market.

It is forecast that the global online trading market will increase at a global compound annual growth rate of *** percent per year, increasing to an estimated **** billion U.S. dollars in 2026. This is from a base of around ***** billion U.S. dollars in 2022. Following the coronavirus pandemic beginning in 2020, online trading activity increased among millennial investors. Many online brokers, including Robinhood, experienced notable growth in the number of platform users from the second quarter of 2020 through to 2021. A low-cost business model, paired with technological integration and social media promotion were contributing factors to the popularity of online trading. What is an online trading platform? The online trading market is typically accessed through an online market broker, providing a platform for users to track market prices and execute buy and sell orders on financial securities. The user typically holds their portfolio through an online broker. The number of monthly downloads for leading online trading apps spiked in early 2021. While this was influenced by media attention to popular news stories such as the increase in the price of GameStop shares, online trading is expected to continue as an alternative to traditional investment methods. Factors driving online trading The integration of technology has improved investing activities. From a global survey, most respondents stated technology made investing easier, cheaper, and more efficient. The use of technology allowed information such as real-time data, industry and firm reports, and trading notifications to be more accessible directly to the investor. Online platforms had experienced an increase in the number of trades placed per day, in 2019, interactive brokers had an average of 1,380 trades placed per day. This number steadily increased to 3,905 trades per day in 2021. Technological integration allowed trading via online platforms to be an alternative to traditional methods of relying on an in-person full-service broker.

North America Trade and Supply Chain Finance Market is expected to grow during 2025-2031