United States Balance of Trade
Last Release
Sep 2019
Actual
-52450 USD Million
Forecast
N/A
Previous
-55036 USD Million
Frequency
Monthly
Units In
USD Million
Next Release
Dec 5, 2019
Time to Release
15 Days 15 Hours
Scroll for more details
Highest | Lowest | Average | Date Range | Source |
1946 USD Million Jun 1975 | -67823 USD Million Aug 2006 | -15,029.11 USD Million | 1950 - 2019 | U.S. Census Bureau |
The United States has been running consistent trade deficits since 1976 due to high imports of oil and consumer products. In 2018, the biggest trade deficits were recorded with China, Mexico, Germany, Japan, Ireland, Vietnam and Italy and the biggest trade surpluses with Hong Kong, Netherlands, Australia, United Arab Emirates, Belgium, Brazil and Panama. China is the top trading partner, accounting for 16 percent of total trade, followed by Canada (15 percent) and Mexico (15 percent).
Latest Updates
The US trade deficit narrowed to USD 52.5 billion in September of 2019, the lowest since April from USD 55 billion in the previous month and matching market expectations. Exports declined 0.9 percent led by soybeans and automobiles, while imports slumped 1.7 percent due to purchases of cell phones, toys, games & sporting equipment, semiconductors and automobiles.
United States Balance of Trade History
Last 12 readings
Latest Releases and Calendar Events
News
All News| DATE | TIME | TITLE |
|---|---|---|
| Nov 5, 2019 | 15:10 | US Trade Gap Lowest in 5 Months |
| Oct 4, 2019 | 12:57 | US Trade Deficit Widens in August |
| Sep 4, 2019 | 12:53 | US Trade Deficit Larger than Expected |
| Aug 2, 2019 | 13:00 | US Trade Deficit Little-Changed in June |
| Jul 3, 2019 | 12:58 | US Trade Deficit Largest in 5 Months |
| Jun 6, 2019 | 12:57 | US Trade Deficit Narrows in April |
| May 9, 2019 | 13:02 | US Trade Surplus Widens in March |
Calendar
ECONOMIC CALENDAR| DATE | TIME | EVENT |
|---|---|---|
| Nov 5, 2019 | 13:30 | Balance of Trade |
| Oct 4, 2019 | 12:30 | Balance of Trade |
| Sep 4, 2019 | 12:30 | Balance of Trade |
| Aug 2, 2019 | 12:30 | Balance of Trade |
| Jul 3, 2019 | 12:30 | Balance of Trade |
| Jun 6, 2019 | 12:30 | Balance of Trade |
| May 9, 2019 | 12:30 | Balance of Trade |
A Look at the Markets
Educational Pieces on Marco Indicators
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United States trade Indicators
All United States indicatorsScroll for more details
Indicator | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Balance of Trade | -52,450 Sep 2019 | -55,036 Aug 2019 | -67,823 Aug 2006 | 1,946 Jun 1975 | USD Million | Monthly | 1950 - 2019 |
| Capital Flows | 70,549 Aug 2019 | 43,300 Jul 2019 | -194,622 Sep 2015 | 272,938 Oct 2008 | USD Million | Monthly | 1978 - 2019 |
| Crude Oil Production | 12,365 Aug 2019 | 11,806 Jul 2019 | 3,971 Sep 2008 | 12,365 Aug 2019 | BBL/D/1K | Monthly | 1950 - 2019 |
| Current Account | -128,188 Jun 2019 | -136,194 Mar 2019 | -215,769 Sep 2006 | 9,957 Mar 1991 | USD Million | Quarterly | 1960 - 2019 |
| Current Account to GDP | -2.4 Dec 2018 | -2.3 Dec 2017 | -6 Dec 2006 | 0.2 Dec 1981 | % | Yearly | 1980 - 2018 |
| Exports | 205,990 Sep 2019 | 207,825 Aug 2019 | 772 May 1950 | 213,341 May 2018 | USD Million | Monthly | 1950 - 2019 |
Balance of Trade across North America
Balance of Trade global viewScroll for more details
Country | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Canada | -978 Sep 2019 | -1,235.3 Aug 2019 | -4,962 Dec 2018 | 8,524.8 Jan 2001 | CAD Million | Monthly | 1971 - 2019 |
| Mexico | -116 Sep 2019 | 775 Aug 2019 | -4,642.52 Jan 2019 | 2,561 Jun 2019 | USD Million | Monthly | 1980 - 2019 |
| Puerto Rico | 2,068.9 Jun 2019 | 1,931.4 May 2019 | -187.5 Nov 2006 | 5,218.4 Dec 2010 | USD Million | Monthly | 2003 - 2019 |
| United States | -52,450 Sep 2019 | -55,036 Aug 2019 | -67,823 Aug 2006 | 1,946 Jun 1975 | USD Million | Monthly | 1950 - 2019 |