United States Balance of Trade 1950-2015 | Data | Chart | Calendar

The United States recorded a trade deficit of 35444 USD Million in February of 2015. Balance of Trade in the United States averaged -12824.50 USD Million from 1950 until 2015, reaching an all time high of 1946 USD Million in June of 1975 and a record low of -67823 USD Million in August of 2006. Balance of Trade in the United States is reported by the U.S. Census Bureau.

      Forecast    
United States Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
-35444.00 -42676.00 1946.00 -67823.00 1950 - 2015 USD Million Monthly
SA
The United States has been running consistent trade deficits since 1976 due to high imports of oil and consumer products. In recent years, the biggest trade deficits were recorded with China, Japan, Germany and Mexico. United States records trade surpluses with Hong Kong, Netherlands, United Arab Emirates and Australia. This page provides - United States Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - United States Balance of Trade - was last refreshed on Tuesday, April 21, 2015.


US Trade Deficit Lowest Since October 2009


US trade gap narrowed 17 percent to $35.44 billion in February, from a revised $42.68 billion in January as a dispute at one of the country's main ports depressed both imports and exports..

In February, imports dropped 4.4 percent to $221.7 billion, the lowest since April 2011. Imports of petroleum products were the lowest since September 2004. Imports from China plunged 18.1 percent, pushing the U.S.-China trade deficit down 21.2 percent to $22.5 billion.

Exports declined 1.6 percent to $186.2 billion, the smallest since October 2012. Exports to main trading partners: Canada and Mexico fell by 2.7 percent and 5.3 percent respectively.  Shippments to China dropped 8.9 percent, while those to the European Union were unchanged.

The February figures show surpluses, in billions of dollars, with South and Central America ($3.6), Brazil ($0.8), and OPEC ($0.3). Deficits were recorded, in billions of dollars, with China ($27.3), European Union ($11.0), Germany ($6.3), Mexico ($4.5), Japan ($4.3), Italy ($2.5), South Korea ($2.2), India ($2.0), France ($1.6), Canada ($1.4), United Kingdom ($0.5), and Saudi Arabia ($0.4).    

US Census Bureau | anna@tradingeconomics.com
4/2/2015 1:52:42 PM


Recent Releases

US Trade Deficit Narrows in January
US trade gap declined 8.3 percent to $41.8 billion in January, from a revised $45.6 billion in December as imports decreased more than exports. Published on 2015-03-06

US Trade Gap Largest Since November of 2012
US trade deficit widened to $46.6 billion in December from $39.8 billion in November as exports was down 0.8 percent and imports grew 2.2 percent. Published on 2015-02-05


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-05 01:30 PM
Balance of Trade  Dec
$ -46.56B $ -39.75B (R) $ -38B $ -40.7B
2015-03-06 01:30 PM
Balance of Trade  Jan
$-41.80B $ --45.60B (R) $ -41.6B $ -44.7B
2015-04-02 01:30 PM
Balance of Trade  Feb
$-35.44B $-42.68B (R) $-41.2B $ -44B
2015-05-05 01:30 PM
Balance of Trade  Mar
$-35.44B $ -46.3B
2015-06-03 01:30 PM
Balance of Trade  Apr
$ -45.8B
2015-07-07 01:30 PM
Balance of Trade  May
$ -46B


United States Trade Last Previous Highest Lowest Unit
Balance of Trade -35444.00 -42676.00 1946.00 -67823.00 USD Million [+]
Exports 186249.00 189239.00 198713.00 772.00 USD Million [+]
Imports 221693.00 231916.00 240611.00 577.00 USD Million [+]
Current Account -113451.00 -98919.00 9957.00 -216063.00 USD Million [+]
Current Account to GDP -2.40 -2.40 0.20 -6.00 percent [+]
External Debt -6915258.00 -6157895.00 -1232107.00 -6915258.00 USD Million [+]
Terms of Trade 97.12 97.37 167.10 91.05 Index Points [+]
Foreign Direct Investment 42670.00 42857.00 46165.00 -9988.00 USD Million [+]
Capital Flows 4138.00 51000.00 272938.00 -176801.00 USD Million [+]
Net Long Term Tic Flows 9799.00 -27400.00 160371.00 -72882.00 USD Million [+]
Gold Reserves 8133.46 8133.46 8149.05 8133.46 Tonnes [+]
Crude Oil Production 9185.00 9226.00 10044.00 3983.00 BBL/D/1K [+]
Tourist Arrivals 6212971.00 5809571.00 8381604.00 2095665.00 Persons [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1256.00 Feb/15 -1003.00 2251.00 -3884.00 AUD Million [+]
Brazil 458.00 Mar/15 -2841.76 5659.37 -4058.14 USD Million [+]
Canada -984.00 Feb/15 -1475.00 8524.80 -2902.90 CAD Million [+]
China 30.81 Mar/15 606.19 606.19 -319.71 USD Hundred Million [+]
Euro Area 20300.00 Feb/15 7600.00 24009.80 -16638.00 EUR Million [+]
France -3449.00 Feb/15 -3710.00 2674.00 -7086.00 EUR Million [+]
Germany 19174.00 Feb/15 15900.00 23500.00 -535.91 EUR Million [+]
India -11790.00 Mar/15 -6847.00 258.90 -20210.90 USD Million [+]
Indonesia 1131.60 Mar/15 662.70 4641.92 -2329.13 USD Million [+]
Italy 3537.91 Feb/15 232.00 6923.00 -6389.30 EUR Million [+]
Japan -425.00 Feb/15 -1177.50 1608.67 -2795.04 JPY Billion [+]
Mexico 558.30 Feb/15 -3248.00 1710.25 -3292.30 USD Million [+]
Netherlands 6009.00 Feb/15 4657.10 6009.00 -907.60 EUR Million [+]
Russia 13600.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8380.51 Mar/15 7706.30 8380.51 -4043.45 USD Million [+]
Spain -2037200.00 Feb/15 -2596200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2472.61 Feb/15 3409.00 3894.91 -1478.68 CHF million [+]
Turkey -4655.64 Feb/15 -4320.27 24.51 -10453.06 USD Million [+]
United Kingdom -2859.00 Feb/15 -1536.00 2946.00 -5397.00 GBP Million [+]
United States -35444.00 Feb/15 -42676.00 1946.00 -67823.00 USD Million [+]