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

The United States recorded a trade deficit of 41752 USD Million in January of 2015. Balance of Trade in the United States averaged -12794.35 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
-41752.00 -45601.00 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 Wednesday, April 1, 2015.


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.

Exports were $189.4 billion, down $5.6 billion or 2.9 percent from December. Sales of goods decreased $5.5 billion to $128.7 billion in January as industrial supplies declined $2.2 billion.

Imports were $231.2 billion, down $9.4 billion or 4 percent from December. Purchases of goods decreased $8.9 billion to $190.3 billion in January as industrial supplies declined $6.0 billion.

The data reflected a labor dispute at West Coast ports that disruptied supply chains for U.S. companies.

The January figures show surpluses, in billions of dollars, with South and Central America ($2.2) and Brazil ($0.7). Deficits were recorded, in billions of dollars, with China ($29.3), European Union ($12.1), Germany ($6.7), Japan ($6.5), Mexico ($3.9), South Korea ($3.1), Italy ($2.4), India ($2.1), OPEC ($1.2), France ($1.2), Canada ($0.8), Saudi Arabia ($0.6), and United Kingdom ($0.1).

BEA | carolina.cunha@tradingeconomics.com
3/6/2015 2:41:28 PM


Recent Releases

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

US Trade Deficit at 11-Month Low
The US trade gap decreased to USD 39 billion in November of 2014 from a revised USD 42.3 billion in the previous month. It is the lowest trade deficit since December of 2013 supported by a fall in crude oil imports. Published on 2015-01-07


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-01-07 01:30 PM
Balance of Trade  Nov
$ -39B $-42.25B (R) $-42B $ -43.8B
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
$-41.8B $-41.2B $ -44B
2015-05-05 01:30 PM
Balance of Trade  Mar
$ -46.3B
2015-06-03 01:30 PM
Balance of Trade  Apr
$ -45.8B


United States Trade Last Previous Highest Lowest Unit
Balance of Trade -41752.00 -45601.00 1946.00 -67823.00 USD Million [+]
Exports 189410.00 195002.00 198625.00 772.00 USD Million [+]
Imports 231162.00 240603.00 240603.00 577.00 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 -6157895.00 -5445100.00 -1232107.00 -6157895.00 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 88312.00 291848.00 291848.00 -153035.00 USD Million [+]
Net Long Term Tic Flows -27171.00 39200.00 160371.00 -72882.00 USD Million [+]
Gold Reserves 8133.46 8133.46 8149.05 8133.46 Tonnes [+]
Crude Oil Production 9226.00 9020.00 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 -980.00 Jan/15 -503.00 2219.00 -3897.00 AUD Million [+]
Brazil -2841.76 Feb/15 -3173.95 5659.37 -4058.14 USD Million [+]
Canada -2451.00 Jan/15 -1218.00 8524.80 -2902.90 CAD Million [+]
China 606.19 Feb/15 600.30 606.19 -319.71 USD Hundred Million [+]
Euro Area 7943.60 Jan/15 24009.80 24009.80 -16638.00 EUR Million [+]
France -3726.00 Jan/15 -3296.00 2674.00 -7086.00 EUR Million [+]
Germany 15900.00 Jan/15 18900.00 23400.00 -535.91 EUR Million [+]
India -6847.00 Feb/15 -8322.00 258.90 -20210.90 USD Million [+]
Indonesia 738.30 Feb/15 743.50 4641.92 -2329.13 USD Million [+]
Italy 219.00 Jan/15 5741.00 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 5138.00 Jan/15 4891.20 5138.00 -907.60 EUR Million [+]
Russia 15047.00 Jan/15 12927.00 20356.00 -185.00 USD Million [+]
South Korea 8400.00 Mar/15 7706.30 8400.00 -4043.45 USD Million [+]
Spain -2596200.00 Jan/15 -1821800.00 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 -616.00 Jan/15 -2142.00 2946.00 -5397.00 GBP Million [+]
United States -41752.00 Jan/15 -45601.00 1946.00 -67823.00 USD Million [+]