US Trade Balance: Difference between revisions

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== Developments Trade Balance ==
== Developments Trade Balance ==
Complete Data: Google Sheet<ref>https://docs.google.com/spreadsheets/d/1UzvIAz6CBS78vH1moNA-foaZA0HWOb-AG1DfvCUJDio/edit?gid=1390462374#gid=1390462374</ref>


=== August 2023 ===
{| class="wikitable"
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced  that the goods and services deficit was $58.3 billion in August, down $6.4 billion from $64.7 billion in July, revised<ref>https://www.bea.gov/sites/default/files/2023-10/trad0823.pdf</ref>
!Date
 
! colspan="3" |Trade Balance<ref>https://fred.stlouisfed.org/series/BOPGSTB</ref>
* August exports were $256.0 billion, $4.1 billion more than July exports. August imports were $314.3 billion, $2.3 billion less than July imports.  
! colspan="3" |Goods Trade Balance<ref>https://fred.stlouisfed.org/series/BOPGTB</ref>
* The August decrease in the goods and services deficit reflected a decrease in the goods deficit of $5.5 billion to $84.5 billion and an increase in the services surplus of $1.0 billion to $26.2 billion.  
! colspan="3" |Services Trade Balance<ref>https://fred.stlouisfed.org/series/BOPSTB</ref>
* Year-to-date, the goods and services deficit decreased $137.6 billion, or 20.7 percent, from the same period in 2022. Exports increased $22.0 billion or 1.1 percent. Imports decreased $115.6 billion or 4.3 percent
! colspan="3" |Exports of Goods and Services<ref>https://fred.stlouisfed.org/series/BOPTEXP</ref>
! colspan="3" |Exports of Goods<ref>https://fred.stlouisfed.org/series/BOPGEXP</ref>
! colspan="3" |Exports of Services<ref>https://fred.stlouisfed.org/series/BOPSEXP</ref>
! colspan="3" |Imports of Good and Services<ref>https://fred.stlouisfed.org/series/BOPTIMP</ref>
! colspan="3" |Imports of Goods<ref>https://fred.stlouisfed.org/series/BOPGIMP</ref>
! colspan="3" |Imports of Services<ref>https://fred.stlouisfed.org/series/BOPSIMP</ref>
|-
!Units/Seasonality
!Millions
!M/M %
!Y/Y %
!Millions
!M/M %
!Y/Y %
!Millions
!M/M %
!Y/Y %
!Millions
!M/M %
!Y/Y %
!Millions
!M/M %
!Y/Y %
!Millions
!M/M %
!Y/Y %
!Millions
!M/M %
!Y/Y %
!Millions
!M/M %
!Y/Y %
!Millions
!M/M %
!Y/Y %
|-
|2024-06-01
| -73,109
| -2.53
|12.81
| -97,352
| -2.49
|10.10
|24,243
| -2.39
|2.65
|265,938
|1.50
|5.92
|174,242
|2.57
|5.36
|91,697
| -0.46
|7.02
|339,047
|0.60
|7.34
|271,594
|0.69
|7.01
|67,453
|0.25
|8.68
|-
|2024-05-01
| -75,006
|0.73
|13.53
| -99,843
|0.57
|11.18
|24,837
|0.09
|4.63
|262,006
| -0.55
|4.43
|169,882
| -1.52
|2.71
|92,124
|1.31
|7.77
|337,012
| -0.26
|6.33
|269,725
| -0.76
|5.69
|67,287
|1.76
|8.97
|-
|2024-04-01
| -74,462
|8.57
|2.34
| -99,277
|6.35
|3.67
|24,815
|0.20
|7.84
|263,443
|0.70
|4.97
|172,507
|1.19
|3.76
|90,936
| -0.21
|7.35
|337,905
|2.34
|4.38
|271,784
|3.02
|3.72
|66,121
| -0.36
|7.17
|-
|2024-03-01
| -68,582
| -0.61
|13.70
| -93,347
|0.18
|12.26
|24,766
|2.43
|8.49
|261,607
| -1.73
|1.83
|170,478
| -2.83
| -1.54
|91,128
|0.37
|8.79
|330,188
| -1.50
|4.08
|263,826
| -1.78
|2.94
|66,363
| -0.37
|8.90
|-
|2024-02-01
| -69,006
|3.10
| -2.15
| -93,183
|2.18
|0.80
|24,178
| -0.37
|10.29
|266,225
|2.65
|5.27
|175,437
|3.06
|3.24
|90,788
|1.87
|9.45
|335,231
|2.74
|3.65
|268,620
|2.75
|2.38
|66,611
|2.71
|9.15
|-
|2024-01-01
| -66,929
|3.10
| -4.33
| -91,196
|3.12
| -0.07
|24,267
|3.15
|13.94
|259,346
| -0.21
|0.59
|170,229
| -0.82
| -2.85
|89,118
|0.98
|7.89
|326,275
|0.45
| -0.46
|261,425
|0.52
| -1.90
|64,851
|0.19
|5.79
|-
|2023-12-01
| -64,915
|0.25
| -8.26
| -88,440
|0.10
| -4.61
|23,525
| -0.29
|7.18
|259,887
|1.31
|2.92
|171,635
|1.66
|1.42
|88,252
|0.63
|5.99
|324,802
|1.09
|0.48
|260,075
|1.13
| -0.72
|64,727
|0.97
|5.56
|-
|2023-11-01
| -64,754
|0.65
|3.51
| -88,348
|0.59
|5.21
|23,594
|0.42
|10.18
|256,531
| -1.63
|0.41
|168,830
| -2.64
| -2.17
|87,701
|0.37
|5.80
|321,284
| -1.18
|1.02
|257,177
| -1.55
|0.24
|64,107
|0.35
|4.27
|-
|2023-10-01
| -64,333
|3.39
| -14.53
| -87,829
|2.47
| -8.65
|23,496
|0.01
|12.53
|260,783
| -0.33
|0.82
|173,404
| -0.94
| -1.62
|87,379
|0.91
|6.06
|325,116
|0.39
| -2.64
|261,233
|0.18
| -4.10
|63,883
|1.24
|3.86
|-
|2023-09-01
| -62,222
|4.35
| -12.63
| -85,715
|2.41
| -4.78
|23,493
| -2.39
|24.98
|261,641
|1.21
|0.48
|175,047
|1.45
| -2.70
|86,594
|0.73
|7.58
|323,864
|1.80
| -2.33
|260,762
|1.77
| -3.39
|63,101
|1.94
|2.28
|-
|2023-08-01
| -59,631
| -7.70
| -12.98
| -83,700
| -5.33
| -3.55
|24,069
|1.10
|31.81
|258,506
|1.80
| -1.76
|172,538
|2.45
| -5.91
|85,968
|0.54
|7.78
|318,137
| -0.12
| -4.08
|256,238
| -0.23
| -5.15
|61,899
|0.32
|0.64
|-
|2023-07-01
| -64,607
| -0.31
| -9.06
| -88,414
| -0.01
| -0.92
|23,807
|0.80
|30.84
|253,923
|1.14
| -3.31
|168,413
|1.83
| -8.05
|85,510
| -0.20
|7.63
|318,530
|0.84
| -4.53
|256,827
|1.19
| -5.72
|61,703
| -0.59
|0.74
|-
|2023-06-01
| -64,806
| -1.91
| -20.20
| -88,423
| -1.54
| -11.34
|23,617
| -0.51
|27.51
|251,067
|0.07
| -4.00
|165,383
| -0.01
| -9.34
|85,684
|0.23
|8.33
|315,873
| -0.34
| -7.84
|253,806
| -0.55
| -10.05
|62,067
|0.52
|2.46
|-
|2023-05-01
| -66,066
| -9.20
| -21.59
| -89,803
| -6.23
| -13.37
|23,737
|3.16
|22.31
|250,880
| -0.03
| -2.40
|165,396
| -0.52
| -7.16
|85,485
|0.92
|8.36
|316,947
| -2.09
| -7.14
|255,199
| -2.61
| -9.45
|61,748
|0.08
|3.81
|-
|2023-04-01
| -72,756
|20.61
| -14.78
| -95,766
|15.17
| -9.38
|23,010
|0.80
|13.32
|250,966
| -2.31
| -1.34
|166,260
| -3.98
| -5.33
|84,706
|1.12
|7.57
|323,721
|2.05
| -4.72
|262,025
|2.24
| -6.86
|61,696
|1.24
|5.57
|-
|2023-03-01
| -60,321
| -14.46
| -40.81
| -83,149
| -10.05
| -31.42
|22,828
|4.13
|18.15
|256,911
|1.59
|4.16
|173,145
|1.89
|1.57
|83,766
|0.98
|9.98
|317,232
| -1.91
| -8.99
|256,295
| -2.32
| -12.14
|60,938
| -0.15
|7.20
|-
|2023-02-01
| -70,521
|0.80
| -19.01
| -92,444
|1.30
| -12.20
|21,923
|2.93
|20.33
|252,891
| -1.92
|7.17
|169,939
| -3.02
|5.25
|82,952
|0.43
|11.33
|323,412
| -1.34
|0.12
|262,383
| -1.54
| -1.64
|61,029
| -0.44
|8.42
|-
|2023-01-01
| -69,960
| -1.13
| -18.24
| -91,258
| -1.57
| -13.48
|21,298
| -2.97
|6.98
|257,830
|2.11
|11.57
|175,231
|3.54
|11.12
|82,599
| -0.80
|12.54
|327,789
|1.40
|3.52
|266,489
|1.73
|1.26
|61,300
| -0.03
|14.61
|-
|2022-12-01
| -70,762
|13.11
| -12.41
| -92,711
|10.40
| -7.63
|21,949
|2.50
|12.13
|252,504
| -1.16
|7.17
|169,237
| -1.94
|4.86
|83,267
|0.45
|12.19
|323,266
|1.64
|2.17
|261,948
|2.10
|0.07
|61,318
| -0.27
|12.21
|-
|2022-11-01
| -62,561
| -16.88
| -21.95
| -83,975
| -12.66
| -15.36
|21,414
|2.56
|12.32
|255,477
| -1.23
|10.77
|172,580
| -2.09
|9.29
|82,897
|0.62
|13.98
|318,038
| -4.76
|2.33
|256,555
| -5.82
| -0.22
|61,483
| -0.04
|14.57
|-
|2022-10-01
| -75,266
|5.69
|12.43
| -96,145
|6.81
|13.54
|20,879
|11.07
|17.73
|258,654
| -0.67
|13.47
|176,266
| -2.02
|11.19
|82,388
|2.36
|18.67
|333,920
|0.70
|13.23
|272,411
|0.93
|12.01
|61,509
| -0.30
|18.99
|-
|2022-09-01
| -71,217
|3.93
| -7.62
| -90,015
|3.73
| -4.96
|18,798
|2.94
|6.68
|260,390
| -1.04
|22.23
|179,899
| -1.89
|24.46
|80,492
|0.91
|17.52
|331,607
| -0.01
|14.29
|269,914
| -0.09
|12.81
|61,694
|0.31
|21.28
|-
|2022-08-01
| -68,522
| -3.54
| -6.41
| -86,782
| -2.75
| -3.24
|18,261
|0.36
|10.87
|263,132
|0.20
|21.27
|183,368
|0.11
|22.92
|79,764
|0.40
|17.65
|331,654
| -0.60
|14.29
|270,150
| -0.82
|13.10
|61,503
|0.41
|19.82
|-
|2022-07-01
| -71,040
| -12.53
|1.56
| -89,236
| -10.53
|2.24
|18,196
| -1.75
|5.00
|262,609
|0.42
|21.98
|183,161
|0.41
|23.71
|79,448
|0.44
|18.17
|333,649
| -2.65
|16.97
|272,397
| -3.46
|15.75
|61,252
|1.11
|22.74
|-
|2022-06-01
| -81,215
| -3.61
|13.61
| -99,735
| -3.79
|8.64
|18,521
| -4.57
| -8.84
|261,517
|1.74
|22.84
|182,418
|2.39
|24.77
|79,099
|0.26
|18.60
|342,731
|0.42
|20.51
|282,153
|0.12
|18.55
|60,578
|1.84
|30.62
|-
|2022-05-01
| -84,255
| -1.31
|26.47
| -103,663
| -1.91
|18.30
|19,407
| -4.42
| -7.62
|257,047
|1.05
|22.29
|178,156
|1.44
|23.01
|78,891
|0.18
|20.70
|341,303
|0.46
|23.30
|281,819
|0.18
|21.23
|59,484
|1.78
|34.11
|-
|2022-04-01
| -85,376
| -16.23
|28.33
| -105,681
| -12.83
|21.01
|20,305
|5.09
| -2.41
|254,374
|3.13
|22.72
|175,628
|3.02
|22.54
|78,746
|3.38
|23.13
|339,750
| -2.53
|24.09
|281,309
| -3.57
|21.96
|58,441
|2.80
|35.45
|-
|2022-03-01
| -101,914
|17.05
|54.17
| -121,236
|15.15
|38.69
|19,322
|6.05
| -9.33
|246,646
|4.52
|18.78
|170,477
|5.59
|18.31
|76,168
|2.22
|19.83
|348,560
|7.90
|27.32
|291,713
|9.36
|26.01
|56,847
|0.99
|34.54
|-
|2022-02-01
| -87,070
|1.76
|31.13
| -105,289
| -0.18
|19.48
|18,219
| -8.49
| -16.13
|235,969
|2.11
|21.02
|161,458
|2.39
|22.00
|74,511
|1.52
|18.95
|323,039
|2.02
|23.59
|266,747
|1.36
|20.99
|56,292
|5.25
|37.58
|-
|2022-01-01
| -85,565
|5.91
|36.30
| -105,474
|5.09
|24.18
|19,909
|1.71
| -10.15
|231,087
| -1.92
|16.55
|157,693
| -2.29
|16.44
|73,394
| -1.11
|16.79
|316,652
|0.08
|21.30
|263,167
|0.54
|19.42
|53,485
| -2.12
|31.47
|-
|2021-12-01
| -80,792
|0.80
|30.26
| -100,367
|1.16
|20.33
|19,574
|2.66
| -8.48
|235,613
|2.16
|20.45
|161,394
|2.21
|20.92
|74,219
|2.05
|19.45
|316,405
|1.81
|22.81
|261,760
|1.80
|20.69
|54,645
|1.83
|34.11
|-
|2021-11-01
| -80,153
|19.73
|23.88
| -99,219
|17.17
|15.23
|19,066
|7.50
| -10.91
|230,642
|1.18
|21.81
|157,911
| -0.39
|23.26
|72,731
|4.76
|18.78
|310,795
|5.39
|22.34
|257,130
|5.73
|20.03
|53,665
|3.82
|34.72
|-
|2021-10-01
| -66,942
| -13.17
|9.61
| -84,677
| -10.60
|3.58
|17,735
|0.65
| -14.22
|227,955
|7.00
|22.82
|158,528
|9.67
|25.81
|69,427
|1.37
|16.50
|294,897
|1.64
|19.55
|243,205
|1.65
|17.06
|51,691
|1.61
|32.82
|-
|2021-09-01
| -77,095
|5.30
|32.51
| -94,716
|5.61
|19.91
|17,621
|6.98
| -15.31
|213,039
| -1.81
|17.54
|144,548
| -3.10
|17.49
|68,491
|1.02
|17.64
|290,134
| -0.02
|21.18
|239,263
|0.17
|18.44
|50,870
| -0.90
|35.97
|-
|2021-08-01
| -73,215
|4.67
|17.83
| -89,685
|2.76
|8.21
|16,471
| -4.95
| -20.60
|216,976
|0.78
|23.19
|149,176
|0.75
|25.27
|67,800
|0.84
|18.84
|290,191
|1.73
|21.79
|238,861
|1.50
|18.27
|51,330
|2.86
|41.39
|-
|2021-07-01
| -69,951
| -2.15
|17.08
| -87,280
| -4.93
|8.06
|17,329
| -14.70
| -17.58
|215,293
|1.12
|25.36
|148,061
|1.27
|28.28
|67,232
|0.81
|19.38
|285,244
|0.30
|23.23
|235,341
| -1.12
|19.96
|49,903
|7.61
|41.39
|-
|2021-06-01
| -71,488
|7.31
|44.71
| -91,804
|4.76
|28.69
|20,316
| -3.29
| -7.37
|212,901
|1.29
|33.20
|146,209
|0.95
|40.82
|66,692
|2.03
|19.08
|284,389
|2.74
|35.92
|238,013
|2.39
|35.88
|46,376
|4.56
|36.10
|-
|2021-05-01
| -66,621
|0.14
|21.28
| -87,629
|0.34
|13.90
|21,008
|0.97
| -4.52
|210,196
|1.41
|44.15
|144,835
|1.06
|60.86
|65,362
|2.20
|17.17
|276,817
|1.10
|37.89
|232,464
|0.78
|39.23
|44,353
|2.80
|31.29
|-
|2021-04-01
| -66,529
|0.64
|25.25
| -87,336
| -0.09
|15.93
|20,806
| -2.37
| -6.35
|207,274
| -0.18
|37.93
|143,322
| -0.53
|52.10
|63,952
|0.61
|14.10
|273,804
|0.02
|34.62
|230,657
| -0.37
|36.03
|43,146
|2.12
|27.53
|-
|2021-03-01
| -66,105
| -0.44
|51.19
| -87,416
| -0.80
|32.68
|21,311
| -1.90
| -3.84
|207,654
|6.50
|10.31
|144,091
|8.87
|14.00
|63,563
|1.48
|2.76
|273,759
|4.73
|18.01
|231,507
|5.01
|20.40
|42,252
|3.27
|6.44
|-
|2021-02-01
| -66,399
|5.77
|62.46
| -88,122
|3.75
|40.87
|21,723
| -1.97
|0.19
|194,984
| -1.66
| -6.41
|132,346
| -2.28
| -3.94
|62,638
| -0.32
| -11.24
|261,383
|0.13
|4.88
|220,468
|0.04
|10.05
|40,915
|0.57
| -16.31
|-
|2021-01-01
| -62,779
|1.22
|43.39
| -84,938
|1.83
|26.90
|22,159
|3.61
| -4.28
|198,275
|1.36
| -4.65
|135,433
|1.47
| -0.75
|62,842
|1.14
| -12.08
|261,054
|1.33
|3.71
|220,371
|1.61
|8.35
|40,683
| -0.16
| -15.82
|}


== US Exports by Country  ==
== US Exports by Country  ==