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GDP, National Output & Corporate Profits · U.S. Census Bureau & BEA

U.S. Trade Balance (Goods & Services Deficit) by Year (1992-2025)

The U.S. trade balance records net exports minus imports of physical merchandise and cross-border services. In 2025, u.s. trade balance recorded -932.0Billions of USD, compared with -885.5 in 2024. Across the 34-year archive (1992-2025), readings have ranged between -932.0 (2025) and -39.2 (1992).

Series Summary Ledger
  • 2025 Reading-932.0
  • 2024 Reading-885.5
  • All-Time High (1992)-39.2
  • All-Time Low (2025)-932.0
  • Reporting UnitBillions of USD
  • Series CodeBOPGSTB
U.S. Census Bureau & BEA · 1992-2025

U.S. Trade Balance (Goods & Services Deficit) by Year (1992-2025)

2025 Reading: -932.0 Billions of USD

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Source: U.S. Census Bureau & BEA (BOPGSTB) Range: -932.0 (2025) to -39.2 (1992)
DECADE BENCHMARKS (1950s-2020s)

U.S. Trade Balance by Decade

DecadeMeanMinMax
1990s-115.8-243.5-39.2
2000s-540.8-749.5-345.1
2010s-493.4-557.2-428.0
2020s-822.3-932.0-637.1

U.S. Trade Balance Year-by-Year Historical Table (1992-2025)

Source: U.S. Census Bureau & BEA (BOPGSTB)
YearU.S. Trade Balance (Billions of USD)Annual Change
2025-932.0-46.5
2024-885.5-135.9
2023-749.6+153.3
2022-902.9-75.8
2021-827.1-190.1
2020-637.1-101.6
2019-535.4+21.8
2018-557.2-59.4
2017-497.8-35.2
2016-462.6+9.7
2015-472.3-8.6
2014-463.6-35.7
2013-428.0+73.8
2012-501.7+30.4
2011-532.1-48.7
2010-483.4-105.7
2009-377.7+313.9
2008-691.6+3.5
2007-695.1+54.5
2006-749.5-46.9
2005-702.6-104.9
2004-597.7-113.3
2003-484.4-74.9
2002-409.5-64.3
2001-345.1+9.9
2000-355.0-111.5
1999-243.5-77.4
1998-166.1-57.9
1997-108.3-4.2
1996-104.1-7.7
1995-96.4+2.1
1994-98.5-28.2
1993-70.3-31.1
1992-39.2-

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