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Graph and download economic data for Trade Balance: Goods and Services, Balance of Payments Basis (BOPGSTB) from Jan 1992 to May 2025 about BOP, balance, headline figure, trade, goods, services, and USA.
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.
In 2024, the total value of U.S. trade goods amounted to approximately 5.4 trillion U.S. dollars. This shows the significance and scale of international trade for the economy of the United States. In 2024, the United States imported goods valuing around 3.3 trillion U.S. dollars from international trading partners, in comparison the value of goods exported from the United States to other countries amounted to around 2.1 trillion U.S. dollars.Import and export trade The import of trade goods relate to goods brought into the United States. This typically refers to goods grown, produced, or manufactured in other countries. Imports include goods of domestic origin which have been worked on abroad before reentering the United States. The export of trade goods refer to goods sold internationally which were grown, produced, or manufactured in the United States. It also includes commodities of foreign origin which have been changed in the United States from the form in which they were imported, or which have been enhanced in value or condition by further processing or manufacturing within the United States before again being sold internationally. Leading trade partners of the United States In 2023, Mexico was the largest source of goods imported into the United States, with goods valuing approximately 475.6 billion U.S. dollars. Mexico and Canada were the second and third largest exporters of goods to the United States, respectively. In 2023, Canada was the leading destination of goods exported from the United States, with U.S. trade goods worth over 350 billion U.S. dollars exported to Canada. Mexico and China also feature at the top of the list of importers of U.S. goods.
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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.
This international trade file provides the annual dollar value of U.S. exports and imports of goods for all U.S. trade partners. It also provides the annual dollar value of U.S. exports and imports of manufactured goods for all U.S. trade partners. You can find this data and more by going to usatrade.census.gov. If you have any questions regarding U.S. international trade data, please call us at 1(800)549-0595 option #4 or email us at eid.international.trade.data@census.gov.
This international trade file provides the annual dollar value of U.S. exports and imports of goods for all U.S. trade partners. It also provides the annual dollar value of U.S. exports and imports of manufactured goods for all U.S. trade partners. You can find this data and more by going to usatrade.census.gov. If you have any questions regarding U.S. international trade data, please call us at 1(800)549-0595 option #4 or email us at eid.international.trade.data@census.gov.
In 2024, the total value of the U.S. trade in goods with China amounted to around *** billion U.S. dollars composed of a ****** billion U.S. dollars export value and a ****** billion U.S. dollars import value. This represented a negative trade balance of ***** billion U.S. dollars.
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Present Taiwan and Mainland China's trade statistics to the United States.
The timeline shows the total value of U.S. trade in goods (export and import) with Japan from 2000 to 2024. In 2024, the total value of U.S. trade in goods with Japan amounted to about *** billion U.S. dollars; composed of exports worth ** billion U.S. dollars and imports of *** billion U.S. dollars.
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Graph and download economic data for All Employees, Retail Trade (USTRADE) from Jan 1939 to Jun 2025 about establishment survey, retail trade, sales, retail, employment, and USA.
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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.
This international trade file provides the annual dollar value of U.S. exports and imports of goods for all U.S. trade partners. It also provides the annual dollar value of U.S. exports and imports of manufactured goods for all U.S. trade partners. You can find this data and more by going to usatrade.census.gov. If you have any questions regarding U.S. international trade data, please call us at 1(800)549-0595 option #4 or email us at eid.international.trade.data@census.gov.
The timeline shows the total value of U.S. trade in goods (export and import) with Taiwan from 2000 to 2023. In 2023, the total value of U.S. trade in goods with Taiwan amounted to 128 billion U.S. dollars; composed of exports worth 40 billion U.S. dollars and imports of 88 billion U.S. dollars.
In 2024, the United States traded close to ****** billion U.S. dollars’ worth of goods with their neighbor. That year, the U.S. imported more goods from Mexico than it exported, leading to a trade deficit, or negative trade balance. Mexico’s imports from the United States The majority of cosmetics and personal care imports to Mexico originated from the U.S., while other Latin American countries, such as Colombia and Brazil, contributed significantly less in terms of import value. When it comes to apparel items, the United States was also among the leading trade partners for Mexico, although far behind China, where Mexico imported nearly all of its clothes from. Leading product categories Mexico exports to the Unites States The United States is Mexico’s most important trading partner when it comes to the export of cosmetics and personal care products. Canada, as the only other non-Latin American country on the list, was also among the leading export destinations. Furthermore, the United States is the main destination country for Mexico’s apparel exports.
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Graph and download economic data for All Employees, Retail Trade from Jan 1939 to May 2025 about establishment survey, retail trade, sales, retail, employment, and USA.
This international trade file provides the annual dollar value of U.S. exports and imports of goods for all U.S. trade partners. It also provides the annual dollar value of U.S. exports and imports of manufactured goods for all U.S. trade partners. You can find this data and more by going to usatrade.census.gov. If you have any questions regarding U.S. international trade data, please call us at 1(800)549-0595 option #4 or email us at eid.international.trade.data@census.gov.
The timeline shows the total value of U.S. trade in goods (export and import) with Canada from 2004 to 2024. In 2024, the total value of U.S. trade in goods with Canada amounted to *** billion U.S. dollars; composed of ***** billion U.S. dollars in exports and ***** billion U.S. dollars in imports.
In May 2025, the total value of the U.S. trade in goods with China amounted to more than 27 billion U.S. dollars. This comprises a 6.6 billion U.S. dollar export value and around 20.5 billion U.S. dollar import value.
The timeline shows the total value of U.S. trade in goods (export and import) with Germany from 2000 to 2024. In 2024, the total value of U.S. trade in goods with Germany amounted to about 236 billion U.S. dollars; composed of exports worth 75.6 billion U.S. dollars and imports of 160.4 billion U.S. dollars.
Canada and United States bilateral trade in goods data produced by Statistics Canada and the United States Census Bureau (customs basis) and the United States Bureau of Economic Analysis (balance of payments basis). Data are presented before and after adjustments made to standardize definitions. Quarterly data are available on Customs and on Balance of payments basis and are not seasonally adjusted.
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Graph and download economic data for Trade Balance: Goods and Services, Balance of Payments Basis (BOPGSTB) from Jan 1992 to May 2025 about BOP, balance, headline figure, trade, goods, services, and USA.