Trade balance — all countries

Trade balance — United States

Trade balance in the United States in 2024 — -898,460,000,000 US$. Ranked 171 in the world out of 171. Since 1970, the indicator has fallen by 22,851.6%.

2024 -898B US$ −14.24% vs 2023
World rank 171of 171
Period maximum 15.98B US$1975
Period minimum -938B US$2022

Trend over time

1970–2024 · US$

Trade balance — United States, 1970–2024-1T-750B-500B-250B0250B19701976198219881994200020062012201820241970: 3,949,000,000 US$1971: 621,000,000 US$1972: -3,373,000,000 US$1973: 4,110,000,000 US$1974: -815,000,000 US$1975: 15,976,000,000 US$1976: -1,631,000,000 US$1977: -23,094,000,000 US$1978: -25,367,000,000 US$1979: -22,545,000,000 US$1980: -13,056,000,000 US$1981: -12,519,000,000 US$1982: -19,974,000,000 US$1983: -51,642,000,000 US$1984: -102,727,000,000 US$1985: -114,018,000,000 US$1986: -131,869,000,000 US$1987: -144,770,000,000 US$1988: -109,392,000,000 US$1989: -86,741,000,000 US$1990: -77,855,000,000 US$1991: -28,613,000,000 US$1992: -34,738,000,000 US$1993: -65,174,000,000 US$1994: -92,487,000,000 US$1995: -89,762,000,000 US$1996: -96,377,000,000 US$1997: -101,971,000,000 US$1998: -162,711,000,000 US$1999: -259,550,000,000 US$2000: -381,073,000,000 US$2001: -376,747,000,000 US$2002: -439,745,000,000 US$2003: -521,955,000,000 US$2004: -634,141,000,000 US$2005: -739,902,000,000 US$2006: -786,453,000,000 US$2007: -735,933,000,000 US$2008: -740,871,000,000 US$2009: -419,153,000,000 US$2010: -532,308,000,000 US$2011: -579,616,000,000 US$2012: -551,617,000,000 US$2013: -478,453,000,000 US$2014: -508,900,000,000 US$2015: -524,320,000,000 US$2016: -503,272,000,000 US$2017: -543,329,000,000 US$2018: -593,077,000,000 US$2019: -577,290,000,000 US$2020: -618,554,000,000 US$2021: -849,233,000,000 US$2022: -937,889,000,000 US$2023: -786,496,000,000 US$2024: -898,460,000,000 US$
Change over the period: −902B (−22,851.58%)

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: United States

United States -898B US$
World computed 863B US$
North America computed -900B US$
Northern America computed -900B US$
High-income countries computed 621B US$
Trade balance — United States, by year United States All countries CSV XLSX
Year US$ Change Change, %
2024 -898B −112B −14.24%
2023 -786B +151B +16.14%
2022 -938B −88.66B −10.44%
2021 -849B −231B −37.29%
2020 -619B −41.26B −7.15%
2019 -577B +15.79B +2.66%
2018 -593B −49.75B −9.16%
2017 -543B −40.06B −7.96%
2016 -503B +21.05B +4.01%
2015 -524B −15.42B −3.03%
2014 -509B −30.45B −6.36%
2013 -478B +73.16B +13.26%
2012 -552B +28B +4.83%
2011 -580B −47.31B −8.89%
2010 -532B −113B −27%
2009 -419B +322B +43.42%
2008 -741B −4.94B −0.67%
2007 -736B +50.52B +6.42%
2006 -786B −46.55B −6.29%
2005 -740B −106B −16.68%
2004 -634B −112B −21.49%
2003 -522B −82.21B −18.69%
2002 -440B −63B −16.72%
2001 -377B +4.33B +1.14%
2000 -381B −122B −46.82%
1999 -260B −96.84B −59.52%
1998 -163B −60.74B −59.57%
1997 -102B −5.59B −5.8%
1996 -96.38B −6.62B −7.37%
1995 -89.76B +2.73B +2.95%
1994 -92.49B −27.31B −41.91%
1993 -65.17B −30.44B −87.62%
1992 -34.74B −6.13B −21.41%
1991 -28.61B +49.24B +63.25%
1990 -77.86B +8.89B +10.24%
1989 -86.74B +22.65B +20.71%
1988 -109B +35.38B +24.44%
1987 -145B −12.9B −9.78%
1986 -132B −17.85B −15.66%
1985 -114B −11.29B −10.99%
1984 -103B −51.09B −98.92%
1983 -51.64B −31.67B −158.55%
1982 -19.97B −7.46B −59.55%
1981 -12.52B +537M +4.11%
1980 -13.06B +9.49B +42.09%
1979 -22.55B +2.82B +11.12%
1978 -25.37B −2.27B −9.84%
1977 -23.09B −21.46B −1,315.94%
1976 -1.63B −17.61B −110.21%
1975 15.98B +16.79B +2,060.25%
1974 -815M −4.93B −119.83%
1973 4.11B +7.48B +221.85%
1972 -3.37B −3.99B −643.16%
1971 621M −3.33B −84.27%
1970 3.95B

Northern America, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.