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

The United States recorded a trade deficit of 43840 USD Million in June of 2015. Balance of Trade in the United States averaged -12987.51 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.

United States Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
-43840.00 -40940.00 1946.00 -67823.00 1950 - 2015 USD Million Monthly
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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 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. Content for - United States Balance of Trade - was last refreshed on Tuesday, September 1, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-03 01:30 PM Apr $-40.88B $-50.57B(R) $ -44B $ -46.8B
2015-07-07 01:30 PM May $-41.87B $-40.7B(R) $ -42.6B $ -41.1B
2015-08-05 01:30 PM Jun $-43.84B $-40.94B(R) $ -42.8B $ -45.7B
2015-09-03 01:30 PM Jul $-43.84B $ -42.4B $ -41.4B
2015-10-06 01:30 PM Aug $ -41.4B
2015-11-04 01:30 PM Sep $ -42.6B


US Trade Deficit Widens in June


The goods and services deficit in the US was $43.8 billion in June, up $2.9 billion or 7.1 percent from $40.9 billion in May as strong dollar weighed on exports and boosted imports.

Exports were little changed at $188.6 billion compared with $188.7 billion in May. Exports of goods decreased $0.2 billion to $127.6 billion. Capital goods decreased $0.8 billion. Telecommunications equipment decreased $0.3 billion. Industrial supplies and materials decreased $0.6 billion. Finished metal shapes decreased $0.3 billion. Consumer goods increased $0.8 billion. Net balance of payments adjustments increased $0.2 billion. Exports of services increased $0.1 billion to $61.0 billion in June.

In June, imports increased 1.2 percent to $232.4 billion. Imports of food and automobiles were the highest on record. Imports of goods increased $2.7 billion to $191.1 billion. Consumer goods increased $1.7 billion. Pharmaceutical preparations increased $1.3 billion. Industrial supplies and materials increased $1.2 billion. Crude oil increased $0.9 billion. Capital goods decreased $1.3 billion. Net balance of payments adjustments increased $0.1 billion. Imports of services increased $0.1 billion to $41.4 billion.

Exports to the European Union fell 2.3 percent, while imports surged 4 percent to a record high making the trade deficit with the EU at an all-time high. Exports to Canada declined 0.1 percent. Exports to Mexico rose solidly, by imports reported stronger gain, puting the trade gap with Mexico at the highest level since May 2012. Exports to China increased 10.6 percent, while imports rose 4.9 percent putting the trade deficit at $31.5 billion, up 3.3 percent. 

Year-to-date, the goods and services deficit increased $1.6 billion, or 0.6 percent, from the same period in 2014. Exports decreased $33.4 billion or 2.9 percent. Imports decreased $31.8 billion or 2.2 percent.



The Commerce Department | anna@tradingeconomics.com
8/5/2015 1:54:47 PM


Recent Releases

US Trade Deficit Widens in May
The US trade gap increased to USD 41.9 billion in May from a downwardly revised USD 40.7 billion in April, as exports declined more than imports.
Published on 2015-07-07

US Trade Deficit Narrows in April
US trade gap was USD 40.9 billion in April, improving from a shortfall of USD 50.6 billion in March as exports rose 1 percent and imports fell 3.3 percent.
Published on 2015-06-03

US Trade Deficit at 6-1/2-Year High
The goods and services deficit widened to USD 51.4 billion in March from a revised USD 35.9 billion in February. It is the highest shortfall since October of 2008, as the end of a dispute at the West Coast ports lead to a surge in imports.
Published on 2015-05-05

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..
Published on 2015-04-02


United States Trade Last Previous Highest Lowest Unit
Balance of Trade -43840.00 -40940.00 1946.00 -67823.00 USD Million [+]
Exports 188576.00 188712.00 197759.00 772.00 USD Million [+]
Imports 232414.00 229652.00 240524.00 577.00 USD Million [+]
Current Account -113337.00 -103138.00 9957.00 -216063.00 USD Million [+]
Current Account to GDP -2.40 -2.40 0.20 -6.00 percent [+]
External Debt -6793958.00 -6915258.00 -1232107.00 -6915258.00 USD Million [+]
Terms of Trade 100.18 98.97 168.28 91.82 Index Points [+]
Foreign Direct Investment 33804.00 42670.00 46165.00 -9988.00 USD Million [+]
Capital Flows -110258.00 109622.00 272938.00 -191277.00 USD Million [+]
Net Long Term Tic Flows 103106.00 92998.00 160371.00 -72882.00 USD Million [+]
Gold Reserves 8133.46 8133.46 8149.05 8133.46 Tonnes [+]
Crude Oil Production 9511.00 9701.00 10044.00 3983.00 BBL/D/1K [+]
Tourist Arrivals 6212971.00 5809571.00 8381604.00 2095665.00 [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2933.00 Jun/15 -2677.00 2254.00 -4156.00 AUD Million [+]
Brazil 2379.00 Jul/15 4527.00 5659.37 -4058.14 USD Million [+]
Canada -476.00 Jun/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 430.25 Jul/15 465.36 606.19 -319.71 USD Hundred Million [+]
Euro Area 26368.70 Jun/15 18800.00 26368.70 -16748.10 EUR Million [+]
France -2658.00 Jun/15 -3999.00 2674.00 -7086.00 EUR Million [+]
Germany 24038.00 Jun/15 19522.00 24038.00 -535.91 EUR Million [+]
India -12812.46 Jul/15 -10830.00 258.90 -20210.90 USD Million [+]
Indonesia 1330.00 Jul/15 528.00 4641.92 -2329.13 USD Million [+]
Italy 2808.95 Jun/15 4140.00 6923.00 -6389.30 EUR Million [+]
Japan -268.06 Jul/15 -69.00 1608.67 -2795.04 JPY Billion [+]
Mexico -2267.00 Jul/15 -749.00 1710.25 -3292.30 USD Million [+]
Netherlands 4760.00 Jun/15 3280.00 6211.40 -907.60 EUR Million [+]
Russia 11228.00 Jul/15 13775.00 20356.00 -185.00 USD Million [+]
South Korea 4350.00 Aug/15 7723.00 9980.00 -4043.45 USD Million [+]
Spain -2046007.00 Jun/15 -1657308.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3741.00 Jul/15 3509.00 3894.91 -1478.68 CHF million [+]
Turkey -7027.59 Jul/15 -6205.89 24.51 -10453.06 USD Million [+]
United Kingdom -1601.00 Jun/15 -885.00 2946.00 -5397.00 GBP Million [+]
United States -43840.00 Jun/15 -40940.00 1946.00 -67823.00 USD Million [+]