United States Balance of Trade

Last Release

Nov 30, 2025

Actual

-56.82

Units In

USD Million

-78.31

Frequency

Monthly

Next Release

Feb 19, 2026

Time to Release

14 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
1,946 Jun 1975	-109,802 Mar 2022	-16,590.05 USD Million	1950-2025	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

U.S. President Donald Trump on Tuesday signed into law a one-year extension of the African Growth and Opportunity Act (AGOA), a preferential trade program for Africa, running through December 31 and applied retroactively from September 30, 2025, according to U.S. Trade Representative Jamieson Greer. The move restores duty-free access to the U.S. market for eligible Sub-Saharan African countries after the program lapsed in September. First enacted in 2000, AGOA allows qualifying countries to export more than 1,800 products to the United States without tariffs, supporting trade, investment, and employment across the region.