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

The United States recorded a trade deficit of 41871 USD Million in May of 2015. Balance of Trade in the United States averaged -12949.40 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
-41871.00 -40698.00 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. Content for - United States Balance of Trade - was last refreshed on Thursday, July 30, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 $ -41.87B $ -40.7B (R) $ -42.6B $ -41.1B
2015-08-05 01:30 PM Jun $ -41.87B $ -45.8B
2015-09-03 01:30 PM Jul $ -42.2B
2015-10-06 01:30 PM Aug $ -43.1B


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.

Exports fell 0.77 percent to USD 188.6 billion in May, following a 1 percent growth in April. Sales of capital goods decreased USD 2.4 billion and those of civilian aircraft dropped USD 1.2 billion. In contrast, shipments of industrial supplies and materials rose USD 0.8 billion and exports of fuel oil increased USD 0.5 billion. In contrast, exports of services grew by USD 0.1 billion, boosted by sales of research and development services; professional and management services; and technical, trade-related, and other services.

Imports edged down 0.1 percent to USD 230.5 billion, after falling by 3.3 percent in April. Purchases of capital goods decreased USD 0.8 billion and those of industrial supplies and materials fell USD 0.6 billion. In contrast, imports of services rose USD 0.1 billion boosted by transport, which includes freight and port services and passenger fares.

Year-to-date, the goods and services deficit increased by USD 1.1 billion, or 0.5 percent, from the same period in 2014. Exports decreased USD 26.5 billion or 2.7 percent. Imports decreased USD 25.4 billion or 2.2 percent.


US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
7/7/2015 2:37:23 PM


Recent Releases

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

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 -41871.00 -40698.00 1946.00 -67823.00 USD Million [+]
Exports 188595.00 190067.00 197759.00 772.00 USD Million [+]
Imports 230466.00 230765.00 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 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 114967.00 107869.00 272938.00 -191277.00 USD Million [+]
Net Long Term Tic Flows 92998.00 53900.00 160371.00 -72882.00 USD Million [+]
Gold Reserves 8133.46 8133.46 8149.05 8133.46 Tonnes [+]
Crude Oil Production 9701.00 9531.00 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 -3339.60 May/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 465.36 Jun/15 588.67 606.19 -319.71 USD Hundred Million [+]
Euro Area 18800.00 May/15 24941.50 24941.50 -16748.10 EUR Million [+]
France -4020.00 May/15 -3310.00 2674.00 -7086.00 EUR Million [+]
Germany 19600.00 May/15 21900.00 23468.80 -535.91 EUR Million [+]
India -10830.00 Jun/15 -10406.20 258.90 -20210.90 USD Million [+]
Indonesia 477.00 Jun/15 1076.60 4641.92 -2329.13 USD Million [+]
Italy 4184.00 May/15 3728.00 6923.00 -6389.30 EUR Million [+]
Japan -69.00 Jun/15 -217.18 1608.67 -2795.04 JPY Billion [+]
Mexico -749.00 Jun/15 -1017.00 1710.25 -3292.30 USD Million [+]
Netherlands 3191.00 May/15 5434.70 6211.40 -907.60 EUR Million [+]
Russia 15309.00 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 -1657308.00 May/15 -2253100.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3578.49 Jun/15 3408.61 3894.91 -1478.68 CHF million [+]
Turkey -6753.00 May/15 -4966.00 24.51 -10453.06 USD Million [+]
United Kingdom -393.00 May/15 -1834.00 2946.00 -5397.00 GBP Million [+]
United States -41871.00 May/15 -40698.00 1946.00 -67823.00 USD Million [+]