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

The United States recorded a trade deficit of 51367 USD Million in March of 2015. Balance of Trade in the United States averaged -12870.50 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.

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United States Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
-51367.00 -35892.00 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 - 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 Friday, May 29, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-03-06 01:30 PM Jan $-41.80B $ --45.60B (R) $ -41.6B $ -44.7B
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 $-51.37B $ -45.8B
2015-07-07 01:30 PM May $ -46B
2015-08-05 01:30 PM Jun $ -46.8B


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.

March imports surged 7.71 percent to USD 239.2 billion. Imports of goods increased USD 16.4 billion, driven by purchases of cell phones and other household goods (+USD1.7 billion); other textile apparel and household goods (+USD1.3 billion); furniture, household goods (+USD1.0 billion); capital goods (+4.0 billion); automotive vehicles, parts, and engines (+USD 2.7 billion).

Imports of services increased USD 0.8 billion to USD 41.6 billion in March. Transport rose USD 0.6 billion and travel (for all purposes including education) went up USD 0.1 billion.

Exports increased 0.88 percent to USD 187.8 billion in March. Sales of goods went up USD 1.5 billion to USD 127.1 billion, driven by capital goods (+USD 1.5 billion); civilian aircraft (+USD 0.5 billion); civilian aircraft engines (+USD 0.2 billion) and electric apparatus (+USD 0.2 billion).

Exports of services increased USD 0.2 billion to USD 60.8 billion. Transport, which includes freight and port services and passenger fares edged up USD 0.1 billion while travel (for all purposes including education) shrank USD 0.1 billion.

Year-to-date, the goods and services deficit increased 5.2 percent from the same period in 2014. Exports decreased 2.0 percent and imports went down 0.8 percent.

US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
5/5/2015 1:48:47 PM


Recent Releases

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


United States Trade Last Previous Highest Lowest Unit
Balance of Trade -51367.00 -35892.00 1946.00 -67823.00 USD Million [+]
Exports 187837.00 186193.00 198713.00 772.00 USD Million [+]
Imports 239205.00 222085.00 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 -6129420.00 -1232107.00 -6915258.00 USD Million [+]
Terms of Trade 98.85 97.12 168.28 91.82 Index Points [+]
Foreign Direct Investment 42670.00 42857.00 46165.00 -9988.00 USD Million [+]
Capital Flows -100889.00 28800.00 272938.00 -192104.00 USD Million [+]
Net Long Term Tic Flows 17557.00 20900.00 160371.00 -72882.00 USD Million [+]
Gold Reserves 8133.46 8133.46 8149.05 8133.46 Tonnes [+]
Crude Oil Production 9238.00 9214.00 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 -1322.00 Mar/15 -1609.00 2254.00 -3877.00 AUD Million [+]
Brazil 491.00 Apr/15 458.00 5659.37 -4058.14 USD Million [+]
Canada -3019.00 Mar/15 -2215.00 8524.80 -3019.00 CAD Million [+]
China 341.34 Apr/15 30.81 606.19 -319.71 USD Hundred Million [+]
Euro Area 23372.90 Mar/15 20300.00 24009.80 -16638.00 EUR Million [+]
France -4575.00 Mar/15 -3623.00 2674.00 -7086.00 EUR Million [+]
Germany 23000.00 Mar/15 19515.32 23500.00 -535.91 EUR Million [+]
India -10990.00 Apr/15 -11790.00 258.90 -20210.90 USD Million [+]
Indonesia 454.40 Apr/15 1025.60 4641.92 -2329.13 USD Million [+]
Italy 4060.39 Mar/15 3537.91 6923.00 -6389.30 EUR Million [+]
Japan -53.44 Apr/15 227.43 1608.67 -2795.04 JPY Billion [+]
Mexico -85.30 Apr/15 479.80 1710.25 -3292.30 USD Million [+]
Netherlands 5401.00 Mar/15 6329.20 6329.20 -907.60 EUR Million [+]
Russia 14981.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8488.00 Apr/15 8380.51 8488.00 -4043.45 USD Million [+]
Spain -890600.00 Mar/15 -2037200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2856.00 Apr/15 2497.00 3894.91 -1478.68 CHF million [+]
Turkey -6153.67 Mar/15 -4655.64 24.51 -10453.06 USD Million [+]
United Kingdom -2817.00 Mar/15 -3318.00 2946.00 -5397.00 GBP Million [+]
United States -51367.00 Mar/15 -35892.00 1946.00 -67823.00 USD Million [+]