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

The United States recorded a trade deficit of 40879 USD Million in April of 2015. Balance of Trade in the United States averaged -12912.74 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
Please Paste this Code in your Website

Actual Previous Highest Lowest Dates Unit Frequency
-40879.00 -50566.00 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 Sunday, July 5, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-04-02 01:30 PM Feb $-35.44B $-42.68B (R) $-41.2B $ -44B
2015-05-05 01:30 PM Mar $-51.37B $-35.89B (R) $-40.3B $ -40B
2015-06-03 01:30 PM Apr $ -40.88B $-50.57B (R) $ -44B $ -46.8B
2015-07-07 01:30 PM May $ -40.88B $ -42.6B $ -41.1B
2015-08-05 01:30 PM Jun $ -45.8B
2015-09-03 01:30 PM Jul $ -42.2B


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.

Exports rose 1 percent to $189.9 billion. Exports of goods increased $1.9 billion to $129.0 billion in April: capital goods increased $2.1 billion; civilian aircraft increased $1.0 billion; telecommunications equipment increased $0.6 billion; other industrial machines increased $0.3 billion. 

Exports of services increased less than $0.1 billion to $60.9 billion in April: other business services increased $0.1 billion; transport, which includes freight and port services and passenger fares, decreased $0.2 billion.

Imports shrank 3.3 percent to $230.78 billion.  Imports of goods decreased $7.4 billion to $189.6 billion in April: consumer goods decreased $4.9 billion; cell phones and other household goods decreased $1.3 billion; other textile apparel and household goods decreased $0.9 billion; footwear decreased $0.8 billion.

Imports of services decreased $0.4 billion to $41.1 billion in April: transport decreased $0.5 billion; travel (for all purposes including education) increased $0.1 billion. 

In March, the trade deficit had ballooned to USD 50.6 billion as the resolution of a dispute at Californian ports led to a surge in imports that had been held up by the dispute.

Year-to-date, the goods and services deficit increased $1.5 billion, or 0.9 percent, from the same period in 2014. Exports decreased $18.0 billion or 2.3 percent. Imports decreased $16.5 billion or 1.8 percent.

US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
6/3/2015 2:03:28 PM


Recent Releases

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

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


United States Trade Last Previous Highest Lowest Unit
Balance of Trade -40879.00 -50566.00 1946.00 -67823.00 USD Million [+]
Exports 189905.00 188001.00 197759.00 772.00 USD Million [+]
Imports 230784.00 238567.00 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 -6915258.00 -6129420.00 -1232107.00 -6915258.00 USD Million [+]
Terms of Trade 98.97 97.12 168.28 91.82 Index Points [+]
Foreign Direct Investment 33804.00 42670.00 46165.00 -9988.00 USD Million [+]
Capital Flows 106628.00 -95243.00 272938.00 -192590.00 USD Million [+]
Net Long Term Tic Flows 53900.00 25600.00 160371.00 -72882.00 USD Million [+]
Gold Reserves 8133.46 8133.46 8149.05 8133.46 Tonnes [+]
Crude Oil Production 9531.00 9405.00 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 -2751.00 May/15 -4136.00 2254.00 -4136.00 AUD Million [+]
Brazil 4527.00 Jun/15 2761.00 5659.37 -4058.14 USD Million [+]
Canada -2974.00 Apr/15 -3853.00 8524.80 -3853.00 CAD Million [+]
China 594.88 May/15 341.34 606.19 -319.71 USD Hundred Million [+]
Euro Area 24941.50 Apr/15 22974.80 24941.50 -16748.10 EUR Million [+]
France -3008.00 Apr/15 -4410.00 2674.00 -7086.00 EUR Million [+]
Germany 22100.00 Apr/15 23100.00 23500.00 -535.91 EUR Million [+]
India -10406.20 May/15 -10990.00 258.90 -20210.90 USD Million [+]
Indonesia 955.00 May/15 477.40 4641.92 -2329.13 USD Million [+]
Italy 3736.00 Apr/15 4011.00 6923.00 -6389.30 EUR Million [+]
Japan -216.00 May/15 -53.44 1608.67 -2795.04 JPY Billion [+]
Mexico -1017.00 May/15 -85.30 1710.25 -3292.30 USD Million [+]
Netherlands 5017.00 Apr/15 5440.00 6329.20 -907.60 EUR Million [+]
Russia 17142.00 May/15 15037.00 20356.00 -185.00 USD Million [+]
South Korea 10243.00 Jun/15 6300.98 10243.00 -4043.45 USD Million [+]
Spain -2253100.00 Apr/15 -890600.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3433.00 May/15 2658.00 3894.91 -1478.68 CHF million [+]
Turkey -6753.00 May/15 -4966.00 24.51 -10453.06 USD Million [+]
United Kingdom -1202.00 Apr/15 -3093.00 2946.00 -5397.00 GBP Million [+]
United States -40879.00 Apr/15 -50566.00 1946.00 -67823.00 USD Million [+]