The United States has the largest trade deficit in the world. In 2023, the trade deficit of this nation was $773.4 billion. While the country brought in $3,826.9 billion in imports, the amount of exports was just $3,053.5 billion, ( BEA , 2024).

Feb 5, 2025 · The 2024 increase in the goods and services deficit reflected an increase in the goods deficit of $148.5 billion, or 14.0 percent, to $1,211.7 billion and an increase in the services surplus of $14.9 billion, or 5.4 percent, to $293.3 billion.

United States trade deficits from 1997 to 2021. Deficits are over 50 billion dollars as of 2021 with the countries shown. Data from the US Census Bureau. The balance of trade of the United States moved into substantial deficit from the late 1990s, especially with …

Feb 5, 2025 · Surpassing consensus forecasts, the nation's trade balance—the difference in dollar amounts between exports and imports of goods and services—reached a deficit of $98.4 billion in December, its...

Feb 5, 2025 · The U.S. monthly international trade deficit increased in December 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $78.9 billion in November (revised) to $98.4 billion in …

U.S. trade balance for 2019 was $-578.50B, a 2.46% decline from 2018. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

The US trade deficit widened to $98.4 billion in December 2024, following a revised $78.9 billion gap in November and above forecasts of a $96.6 billion shortfall. It is the highest trade deficit since a record on March 2022, as US companies rushed to secure goods ahead of Trump administration tariffs.

3 days ago · The numbers: The U.S. trade deficit in goods exploded to a record high in January as businesses raced to acquire foreign goods ahead of new tariffs. The trade gap widened by 25.6% to a record $153 ...

3 days ago · The goods trade gap surged 25.6% to $153.3 billion last month, the Commerce Department's Census Bureau said on Friday. Goods imports vaulted 11.9% to $325.4 billion.

Jan 16, 2025 · The US trade deficit widened to a record $945 billion in 2022, narrowed to $785 billion in 2023, but was expected to widen again in 2024 in part due to economic expansion and consumer...