United States Balance of Trade  1950-2016 | Data | Chart | Calendar

The US trade gap widened to USD 43.4 billion in December of 2015 from a downwardly revised USD 42.2 billion in the previous month and roughly in line with expectations. Exports shrank for the third straight month while imports posted the first rise in four months. Considering full 2015, the country’s trade deficit widened 4.6 percent from 2014 as exports fell more than imports. Balance of Trade in the United States averaged -13237.15 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
-43357.00 -42370.00 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 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. United States Balance of Trade - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-12-04 01:30 PM Oct $-43.89B $-42.64B $-40.5B $ -42.1B
2016-01-06 01:30 PM Nov $-42.37B $-44.58B $-44B $ -45.3B
2016-02-05 01:30 PM Dec $-43.36B $-42.23B $-43B $ -41.6B
2016-03-04 01:30 PM Jan $-43.36B $ -43.2B
2016-04-05 12:30 PM Feb $ -42.3B
2016-05-04 12:30 PM Mar $ -42.7B

US Trade Deficit Widens In December


The US trade gap widened to USD 43.4 billion in December of 2015 from a downwardly revised USD 42.2 billion in the previous month and roughly in line with expectations. Exports shrank for the third straight month while imports posted the first rise in four months. Considering full 2015, the country’s trade deficit widened 4.6 percent from 2014 as exports fell more than imports.

The December increase in the goods and services deficit reflected a rise in the goods deficit of USD 1.3 billion to USD 62.5 billion and an increase in the services surplus of USD 0.1 billion to USD 19.2 billion.

Total sales declined 0.3 percent to USD 181.5 billion, the third consecutive decline. Exports of goods decreased USD 0.8 billion to USD 121.2 billion: Automotive vehicles, parts, and engines decreased USD 0.6 billion; industrial supplies and materials decreased USD 0.4 billion, other petroleum products decreased USD 0.5 billion; foods, feeds, and beverages decreased USD 0.4 billion and soybeans decreased USD 0.2 billion. Exports of services increased USD 0.3 billion to USD 60.3 billion: financial services increased USD 0.2 billion; other business services, which includes research and development services; professional and management services; and technical, trade-related, and other services, increased USD 0.1 billion.

Total imports edged up 0.3 percent to USD 224.9 billion, posting the first rise in four months. Imports of goods increased USD 0.5 billion to USD 183.7 billion: automotive vehicles, parts, and engines increased USD 1.0 billion; industrial supplies and materials increased USD 0.5 billion; nonmonetary gold increased USD 0.3 billion and crude oil increased USD 0.2 billion. Purchases of services increased USD 0.1 billion to USD 41.2 billion: travel (for all purposes including education) increased USD 0.1 billion and other business services increased USD 0.1 billion.

Considering full 2015, the goods and services deficit was USD 531.5 billion, up USD 23.2 billion or 4.6 percent from 2014. Exports were USD 2,230.3 billion, down USD 112.9 billion or 4.8 percent. Imports were USD 2,761.8 billion, down USD 89.7 billion or 3.1 percent.

BEA | Nuno | nuno@tradingeconomics.com
2/5/2016 2:09:20 PM

United States Trade Last Previous Highest Lowest Unit
Balance of Trade -43357.00 -42370.00 1946.00 -67823.00 USD Million [+]
Exports 181497.00 182210.00 197759.00 772.00 USD Million [+]
Imports 224854.00 224590.00 240524.00 577.00 USD Million [+]
Current Account -124120.00 -11109.00 9957.00 -216063.00 USD Million [+]
Current Account to GDP -2.40 -2.40 0.20 -6.00 percent [+]
External Debt -7269829.00 -6688315.00 -1232107.00 -7269829.00 USD Million [+]
Terms of Trade 100.03 99.45 168.28 91.82 Index Points [+]
Capital Flows -3209.00 61028.00 272938.00 -190792.00 USD Million [+]
Foreign Direct Investment 38492.00 38300.00 46165.00 -9988.00 USD Million [+]
Net Long Term Tic Flows 31401.00 -16552.00 160371.00 -72882.00 USD Million [+]
Gold Reserves 8133.46 8133.46 8149.05 8133.46 Tonnes [+]
Crude Oil Production 9318.00 9347.00 10044.00 3983.00 BBL/D/1K [+]
Tourist Arrivals 6188828.00 6847598.00 8381604.00 2095665.00 [+]
Terrorism Index 4.61 4.67 7.39 3.70 [+]




Last
Afghanistan -8209.00 Dec/14
Albania -35120.80 Dec/15
Algeria -1270.00 Sep/15
Angola 1424.72 Mar/15
Argentina 254.00 Oct/15
Armenia -194.00 Dec/15
Aruba -491.66 Sep/15
Australia -3535.00 Dec/15
Austria 457.10 Nov/15
Azerbaijan 1544479.00 Sep/15
Bahamas -515.40 Sep/15
Bahrain 3441.00 Dec/14
Bangladesh -74.86 Nov/15
Barbados -212322.22 Jun/15
Belarus -427.50 Dec/15
Belgium 1956.90 Nov/15
Belize -159.67 Dec/15
Benin -167.71 Jun/15
Bhutan -26021.60 Dec/15
Bolivia -72.90 Sep/15
Bosnia and Herzegovina -401.08 Dec/15
Botswana -1998.20 Nov/15
Brazil 923.00 Jan/16
Brunei 308.00 Nov/15
Bulgaria -479.70 Nov/15
Burkina Faso -49.00 Sep/14
Burundi -61284.10 Sep/15
Cambodia -746.40 Jan/16
Cameroon -1054.40 Dec/13
Canada -584.90 Dec/15
Cape Verde -4129.20 Dec/15
Cayman Islands -791.40 Dec/14
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 685.00 Jan/16
China 600.93 Dec/15
Colombia -1.69 Nov/15
Comoros -73294.00 Dec/14
Congo 1001.80 Dec/14
Costa Rica -478.00 Dec/15
Croatia -3846.50 Dec/15
Cuba -7926.60 Dec/14
Cyprus -318952.00 Dec/15
Czech Republic 17000.00 Dec/15
Denmark 1927.30 Dec/15
Djibouti -119840.00 Dec/14
Dominican Republic -644.90 Sep/15
East Timor -95227.12 Nov/15
Ecuador -137235.00 Dec/15
Egypt -3397.00 Nov/15
El Salvador -431.10 Dec/15
Equatorial Guinea 2723.70 Dec/10
Eritrea -149.00 Dec/12
Estonia -160.52 Dec/15
Ethiopia -3413.10 Jun/15
Euro Area 23618.10 Nov/15
European Union 5862.70 Nov/15
Fiji -181343.00 Oct/15
Finland -340.00 Dec/15
France -3943.00 Dec/15
Gabon 3711.95 Dec/13
Gambia -2269.53 Dec/14
Georgia -665.00 Dec/15
Germany 18800.00 Dec/15
Ghana -1226.00 Sep/15
Greece -1563.50 Dec/15
Guatemala -540.40 Dec/15
Guinea -103.83 Jun/13
Guinea Bissau -32.30 Dec/14
Guyana -77.30 Sep/15
Haiti -160.26 Jul/15
Honduras -486.20 Nov/15
Hong Kong -45706.00 Dec/15
Hungary 201400.00 Dec/15
Iceland -1200.00 Jan/16
India -11664.00 Dec/15
Indonesia -40.00 Jan/16
Iran -2405.00 Dec/14
Iraq 38780.80 Dec/14
Ireland 3378800.00 Nov/15
Israel -248.60 Jan/16
Italy 4409.43 Nov/15
Ivory Coast 757.00 Dec/13
Jamaica -779000.00 Sep/15
Japan 140.20 Dec/15
Jordan -756171.10 Nov/15
Kazakhstan 1198.40 Nov/15
Kenya -114283.00 Nov/15
Kosovo -230094.00 Dec/15
Kuwait 1836.10 Sep/15
Kyrgyzstan -237.90 Nov/15
Laos -488.34 Sep/15
Latvia -155.50 Dec/15
Lebanon -1604.94 Dec/15
Lesotho -2384.00 Sep/15
Liberia -88.50 Sep/15
Libya -17675.60 Dec/14
Liechtenstein 315120.00 Sep/15
Lithuania -210.50 Dec/15
Luxembourg -0.38 Nov/15
Macau -6083788.93 Dec/15
Macedonia -228611.00 Dec/15
Madagascar -30435.00 Dec/16
Malawi -57415.30 Mar/15
Malaysia 7990.00 Dec/15
Maldives -137.10 Nov/15
Mali -100.60 Mar/15
Malta -149486.00 Dec/15
Mauritania -268.39 Sep/15
Mauritius -7798.00 Nov/15
Mexico -927.00 Dec/15
Moldova -189.10 Dec/15
Monaco -86.40 Sep/15
Mongolia 18.00 Nov/15
Montenegro -124400.00 Dec/15
Morocco -9053.00 Sep/15
Mozambique -1274.70 Sep/15
Myanmar -942.70 Jan/16
Namibia -9830.66 Sep/15
Nepal -76499.00 Jun/15
Netherlands 3111.00 Dec/15
New Caledonia -11456.00 Dec/15
New Zealand -52.62 Dec/15
Nicaragua -369.80 Nov/15
Niger -441985.00 Sep/15
Nigeria 197187.70 Sep/15
North Korea -695.83 Dec/14
Norway 18114.00 Dec/15
Oman 284.70 Jul/15
Pakistan -215151.00 Dec/15
Palestine -335.30 Nov/15
Panama -912393.10 Nov/15
Papua New Guinea 4191.00 Sep/15
Paraguay -4863.84 Jan/16
Peru 210.00 Dec/15
Philippines -976870.00 Nov/15
Poland 373.00 Dec/15
Portugal -1128.00 Dec/15
Puerto Rico 2916.00 Sep/16
Qatar 9305.00 Dec/15
Republic of the Congo 4092.35 Dec/10
Romania -1174.90 Dec/15
Russia 10980.00 Dec/15
Rwanda -149.04 Nov/15
Sao Tome and Principe -31.85 Sep/15
Saudi Arabia 44465.00 Sep/15
Senegal -170.26 Nov/15
Serbia -541.50 Dec/15
Seychelles -46.86 Dec/15
Sierra Leone -89.75 Mar/15
Singapore 5158.30 Dec/15
Slovakia -16.30 Dec/15
Slovenia -63.90 Dec/15
Somalia -1281.56 Dec/14
South Africa 8221.07 Dec/15
South Korea 5362.41 Jan/16
South Sudan -4987.00 Dec/13
Spain -1850000.00 Nov/15
Sri Lanka -629.70 Nov/15
Sudan -661598.00 Sep/15
Suriname -130.90 Sep/15
Swaziland 1098.48 Mar/15
Sweden 4700.00 Dec/15
Switzerland 2544.00 Dec/15
Syria 9394.50 Dec/10
Taiwan 135991.00 Dec/15
Tajikistan -214.60 Dec/15
Tanzania 207.70 Nov/15
Thailand 1490.00 Dec/15
Togo -68.29 Dec/14
Trinidad and Tobago 460.40 Jun/15
Tunisia -507.20 Jan/16
Turkey -6182.60 Dec/15
Turkmenistan 2431.94 Dec/14
Uganda -216.70 Dec/15
Ukraine -131.50 Nov/15
United Arab Emirates 480600.00 Dec/14
United Kingdom -2709.00 Dec/15
United States -43357.00 Dec/15
Uruguay -138249.00 Dec/15
Uzbekistan 168.00 Mar/15
Venezuela -782.00 Sep/15
Vietnam -200.00 Jan/16
Yemen -2914.30 Dec/13
Zambia 1226.10 Nov/15
Zimbabwe -290.99 Dec/14