United States • External sector

Global Trade Balance

Last update: 01 Nov 2026

Choose a country

United States’s goods-and-services trade balance was −US$932.0B in 2025. A year earlier, it was −US$885.5B.

Annual balance-of-payments trade in current US dollars. Goods and services use the same source and accounting basis; local-currency conversion is not available.

  • United States · annual data2025World Bank / IMF BoP
  • Database updated1 Nov 2026Published 1 Nov 2026
  • Next source releaseDate not suppliedAnnual series; source revisions may follow

Goods & services balance

Source-checked
−US$932.0B A year earlier: −US$885.5B 2025 · World Bank / IMF BoP

Goods balance

Source-checked
−US$1,259.6B A year earlier: −US$1,212.8B 2025 · World Bank / IMF BoP

Services balance

Source-checked
US$327.7B A year earlier: US$327.3B 2025 · World Bank / IMF BoP

Goods & services exports

Source-checked
US$3,429.8B A year earlier: US$3,236.4B 2025 · World Bank / IMF BoP

Goods & services imports

Source-checked
US$4,361.8B A year earlier: US$4,121.9B 2025 · World Bank / IMF BoP

United States

Trade balance in goods and services

Exports minus imports of goods and services. Below zero is a deficit: the country bought more from the rest of the world than it sold. Above zero is a surplus.

For example: A country that exports $500 billion of goods and services and imports $600 billion has a trade deficit of $100 billion.

Current US$ billion

2010 Goods and services balance: −US$483.4B2011 Goods and services balance: −US$532.1B2012 Goods and services balance: −US$501.7B2013 Goods and services balance: −US$427.9B2014 Goods and services balance: −US$463.6B2015 Goods and services balance: −US$472.3B2016 Goods and services balance: −US$462.6B2017 Goods and services balance: −US$497.8B2018 Goods and services balance: −US$557.2B2019 Goods and services balance: −US$535.4B2020 Goods and services balance: −US$637.1B2021 Goods and services balance: −US$827.1B2022 Goods and services balance: −US$902.9B2023 Goods and services balance: −US$749.6B2024 Goods and services balance: −US$885.5B2025 Goods and services balance: −US$932.0BZero balance
  • Goods and services balance

United States’s goods-and-services trade balance was −US$932.0B in 2025. A year earlier, it was −US$885.5B.

Source: World Bank WDI / IMF BoP 2010 – 2025AnnualCurrent US$ billionLoaded 1 Nov 2026

1 · Goods and services

Goods exports and imports

The value of physical goods sold abroad and bought from abroad each year, on a balance-of-payments basis. Both lines are positive; the gap between them is the goods balance.

For example: A country that sells $300 billion of cars, machinery and food abroad and buys $350 billion of goods has a goods deficit of $50 billion.

Current US$ billion

2010 Goods exports: US$1,290.3B Goods imports: US$1,939.0B2011 Goods exports: US$1,498.9B Goods imports: US$2,239.9B2012 Goods exports: US$1,562.6B Goods imports: US$2,303.7B2013 Goods exports: US$1,593.7B Goods imports: US$2,294.2B2014 Goods exports: US$1,635.6B Goods imports: US$2,385.5B2015 Goods exports: US$1,511.4B Goods imports: US$2,273.2B2016 Goods exports: US$1,457.4B Goods imports: US$2,207.2B2017 Goods exports: US$1,557.0B Goods imports: US$2,356.3B2018 Goods exports: US$1,676.9B Goods imports: US$2,555.7B2019 Goods exports: US$1,655.1B Goods imports: US$2,512.4B2020 Goods exports: US$1,433.9B Goods imports: US$2,346.7B2021 Goods exports: US$1,765.9B Goods imports: US$2,849.0B2022 Goods exports: US$2,095.6B Goods imports: US$3,270.1B2023 Goods exports: US$2,047.2B Goods imports: US$3,104.7B2024 Goods exports: US$2,079.7B Goods imports: US$3,292.5B2025 Goods exports: US$2,191.9B Goods imports: US$3,451.5B
  • Goods exports
  • Goods imports

Source: World Bank WDI / IMF BoP 2010 – 2025AnnualCurrent US$ billionLoaded 1 Nov 2026

Services exports and imports

Services sold to and bought from other countries: travel, transport, software, finance and other business services.

For example: A foreign tourist's hotel bill is a services export for the country visited; a domestic firm paying a foreign consultancy is a services import.

Current US$ billion

2010 Services exports: US$579.9B Services imports: US$414.6B2011 Services exports: US$642.5B Services imports: US$433.6B2012 Services exports: US$683.5B Services imports: US$444.1B2013 Services exports: US$718.4B Services imports: US$445.8B2014 Services exports: US$755.8B Services imports: US$469.5B2015 Services exports: US$768.8B Services imports: US$479.2B2016 Services exports: US$782.6B Services imports: US$495.4B2017 Services exports: US$836.3B Services imports: US$534.9B2018 Services exports: US$866.1B Services imports: US$544.6B2019 Services exports: US$898.4B Services imports: US$576.5B2020 Services exports: US$738.8B Services imports: US$462.9B2021 Services exports: US$818.0B Services imports: US$561.9B2022 Services exports: US$963.1B Services imports: US$691.4B2023 Services exports: US$1,050.4B Services imports: US$742.5B2024 Services exports: US$1,156.7B Services imports: US$829.4B2025 Services exports: US$1,237.9B Services imports: US$910.2B
  • Services exports
  • Services imports

Source: World Bank WDI / IMF BoP 2010 – 2025AnnualCurrent US$ billionLoaded 1 Nov 2026

2 · Components of the trade balance

Goods balance and services balance

The headline trade balance split into its two parts. The goods balance plus the services balance equals the total.

For example: A goods deficit of $50 billion and a services surplus of $30 billion give a total trade deficit of $20 billion.

Current US$ billion

2010 Goods balance: −US$648.7B Services balance: US$165.3B Goods and services balance: −US$483.4B2011 Goods balance: −US$741.0B Services balance: US$208.9B Goods and services balance: −US$532.1B2012 Goods balance: −US$741.1B Services balance: US$239.4B Goods and services balance: −US$501.7B2013 Goods balance: −US$700.5B Services balance: US$272.6B Goods and services balance: −US$427.9B2014 Goods balance: −US$749.9B Services balance: US$286.3B Goods and services balance: −US$463.6B2015 Goods balance: −US$761.9B Services balance: US$289.6B Goods and services balance: −US$472.3B2016 Goods balance: −US$749.8B Services balance: US$287.2B Goods and services balance: −US$462.6B2017 Goods balance: −US$799.3B Services balance: US$301.5B Goods and services balance: −US$497.8B2018 Goods balance: −US$878.7B Services balance: US$321.5B Goods and services balance: −US$557.2B2019 Goods balance: −US$857.3B Services balance: US$321.9B Goods and services balance: −US$535.4B2020 Goods balance: −US$912.9B Services balance: US$275.8B Goods and services balance: −US$637.1B2021 Goods balance: −US$1,083.2B Services balance: US$256.1B Goods and services balance: −US$827.1B2022 Goods balance: −US$1,174.6B Services balance: US$271.7B Goods and services balance: −US$902.9B2023 Goods balance: −US$1,057.5B Services balance: US$307.9B Goods and services balance: −US$749.6B2024 Goods balance: −US$1,212.8B Services balance: US$327.3B Goods and services balance: −US$885.5B2025 Goods balance: −US$1,259.6B Services balance: US$327.7B Goods and services balance: −US$932.0BZero balance
  • Goods balance
  • Services balance
  • Goods and services balance

Source: World Bank WDI / IMF BoP 2010 – 2025AnnualCurrent US$ billionLoaded 1 Nov 2026

Total exports and imports

Goods and services together, in current US dollars. Because values are not adjusted for prices, a rise can reflect higher prices or a stronger currency as well as larger volumes.

For example: If a country exports the same quantity of oil but the price doubles, its export value doubles too.

Current US$ billion

2010 Goods and services exports: US$1,870.2B Goods and services imports: US$2,353.6B2011 Goods and services exports: US$2,141.4B Goods and services imports: US$2,673.5B2012 Goods and services exports: US$2,246.2B Goods and services imports: US$2,747.9B2013 Goods and services exports: US$2,312.1B Goods and services imports: US$2,740.0B2014 Goods and services exports: US$2,391.3B Goods and services imports: US$2,855.0B2015 Goods and services exports: US$2,280.2B Goods and services imports: US$2,752.5B2016 Goods and services exports: US$2,240.0B Goods and services imports: US$2,702.6B2017 Goods and services exports: US$2,393.4B Goods and services imports: US$2,891.2B2018 Goods and services exports: US$2,543.0B Goods and services imports: US$3,100.2B2019 Goods and services exports: US$2,553.5B Goods and services imports: US$3,088.9B2020 Goods and services exports: US$2,172.6B Goods and services imports: US$2,809.7B2021 Goods and services exports: US$2,583.9B Goods and services imports: US$3,411.0B2022 Goods and services exports: US$3,058.7B Goods and services imports: US$3,961.6B2023 Goods and services exports: US$3,097.6B Goods and services imports: US$3,847.2B2024 Goods and services exports: US$3,236.4B Goods and services imports: US$4,121.9B2025 Goods and services exports: US$3,429.8B Goods and services imports: US$4,361.8B
  • Goods and services exports
  • Goods and services imports

Source: World Bank WDI / IMF BoP 2010 – 2025AnnualCurrent US$ billionLoaded 1 Nov 2026

Evidence and definitions

Sources & methodology

Annual balance-of-payments trade in current US dollars. Goods and services use the same source and accounting basis; local-currency conversion is not available. Balance equals exports minus imports: negative is a deficit, positive is a surplus.

Goods figures use balance-of-payments adjustments, not customs merchandise totals. The trade balance excludes investment income and transfers, so it is not the current-account balance. Nominal dollar changes reflect prices and exchange rates as well as volumes.

History shown: 2010–2025. Snapshot: global-trade-2010-2025-565e33d6fb3b. Every chart offers its table, CSV, citation and Copy for AI.

World Bank WDI / IMF BoP

World Bank WDI / IMF BoP

World Bank WDI / IMF BoP

World Bank WDI / IMF BoP

World Bank WDI / IMF BoP

World Bank WDI / IMF BoP

World Bank WDI / IMF BoP

Definitions and source notes for United States

World Bank WDI; IMF Balance of Payments Statistics. Source update 2026-10-08; annual source-labelled year; current US dollars / 1 billion. Source code: BX.GSR.GNFS.CD. No local-currency FX conversion. Trade excludes primary and secondary income.

World Bank WDI; IMF Balance of Payments Statistics. Source update 2026-10-08; annual source-labelled year; current US dollars / 1 billion. Source code: BM.GSR.GNFS.CD. No local-currency FX conversion. Trade excludes primary and secondary income.

World Bank WDI; IMF Balance of Payments Statistics. Source update 2026-10-08; annual source-labelled year; current US dollars / 1 billion. Source code: BX.GSR.MRCH.CD. No local-currency FX conversion. Trade excludes primary and secondary income.

World Bank WDI; IMF Balance of Payments Statistics. Source update 2026-10-08; annual source-labelled year; current US dollars / 1 billion. Source code: BM.GSR.MRCH.CD. No local-currency FX conversion. Trade excludes primary and secondary income.

World Bank WDI; IMF Balance of Payments Statistics. Source update 2026-10-08; annual source-labelled year; current US dollars / 1 billion. Source code: BX.GSR.NFSV.CD. No local-currency FX conversion. Trade excludes primary and secondary income.

World Bank WDI; IMF Balance of Payments Statistics. Source update 2026-10-08; annual source-labelled year; current US dollars / 1 billion. Source code: BM.GSR.NFSV.CD. No local-currency FX conversion. Trade excludes primary and secondary income.

World Bank WDI; IMF Balance of Payments Statistics. Source update 2026-10-08; annual source-labelled year; current US dollars / 1 billion. Source code: BN.GSR.GNFS.CD. No local-currency FX conversion. Trade excludes primary and secondary income.

World Bank WDI; IMF Balance of Payments Statistics. Source update 2026-10-08; annual source-labelled year; current US dollars / 1 billion. Derived: exports minus imports of the same component and period. No local-currency FX conversion. Trade excludes primary and secondary income.

Guest preview

Sign in to read the complete Global Trade Balance

The preview is open to everyone. Sign in with a free account to read the whole page.

Sign in unlocks

  • Complete chart context and supporting widgets
  • Reviewed refresh analysis and editor guidance
  • Grounded Ask Exa answers for this page
Sign in to continue Create an account