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Topic Overview Largest Countries by Population U.S. States by Population U.S. and World Cities by Population

U.S. Trade Balance 1970-2024

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.
  • U.S. trade balance for 2021 was $-861.71B, a 37.32% increase from 2020.
  • U.S. trade balance for 2020 was $-627.50B, a 8.42% increase from 2019.
  • U.S. trade balance for 2019 was $-578.79B, a 2.41% decline from 2018.
  • U.S. trade balance for 2018 was $-593.08B, a 10.5% increase from 2017.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $226.56B
Ireland $198.57B
Singapore $149.45B
Netherlands $103.92B
Switzerland $95.21B
Saudi Arabia $73.49B
Australia $66.46B
South Korea $64.81B
Norway $63.39B
Italy $48.17B
Qatar $44.53B
Luxembourg $29.71B
Denmark $28.43B
Sweden $28.29B
Poland $22.94B
Spain $21.20B
Hong Kong $20.55B
Israel $19.32B
Argentina $15.05B
Puerto Rico $12.86B
Oman $9.82B
Czech Republic $8.35B
Bahrain $7.66B
Belgium $6.25B
Uruguay $4.02B
Slovenia $3.91B
Macao $3.60B
Lithuania $3.00B
Malta $2.90B
Austria $2.78B
Bermuda $1.85B
Brunei $1.85B
Cyprus $0.83B
Hungary $0.56B
San Marino $0.49B
Finland $0.27B
Aruba $0.02B
Faroe Islands $0.02B
Slovak Republic $-0.01B
Estonia $-0.14B
Seychelles $-0.16B
Greenland $-0.46B
Barbados $-0.49B
Iceland $-0.52B
Canada $-0.83B
Croatia $-1.01B
Bahamas $-1.17B
Latvia $-1.37B
Chile $-2.41B
Guam $-3.48B
Portugal $-7.25B
New Zealand $-9.96B
Greece $-16.57B
Japan $-26.90B
United Kingdom $-38.56B
France $-57.45B
United States $-861.71B
U.S. Trade Balance - Historical Data
Year Billions of US $ % of GDP
2021 $-861.71B -3.70%
2020 $-627.50B -2.98%
2019 $-578.79B -2.71%
2018 $-593.08B -2.89%
2017 $-536.73B -2.76%
2016 $-506.25B -2.71%
2015 $-526.20B -2.89%
2014 $-510.04B -2.91%
2013 $-479.39B -2.85%
2012 $-551.62B -3.39%
2011 $-579.62B -3.72%
2010 $-532.31B -3.54%
2009 $-419.15B -2.90%
2008 $-740.87B -5.02%
2007 $-735.93B -5.08%
2006 $-786.45B -5.69%
2005 $-739.90B -5.67%
2004 $-634.14B -5.19%
2003 $-521.96B -4.56%
2002 $-439.75B -4.02%
2001 $-376.75B -3.56%
2000 $-381.07B -3.72%
1999 $-259.55B -2.69%
1998 $-162.71B -1.80%
1997 $-101.97B -1.19%
1996 $-96.38B -1.19%
1995 $-89.76B -1.17%
1994 $-92.49B -1.27%
1993 $-65.17B -0.95%
1992 $-34.74B -0.53%
1991 $-28.61B -0.46%
1990 $-77.85B -1.31%
1989 $-86.74B -1.54%
1988 $-109.39B -2.09%
1987 $-144.77B -2.98%
1986 $-131.87B -2.88%
1985 $-114.02B -2.63%
1984 $-102.73B -2.54%
1983 $-51.64B -1.42%
1982 $-19.97B -0.60%
1981 $-12.52B -0.39%
1980 $-13.06B -0.46%
1979 $-22.55B -0.86%
1978 $-25.37B -1.08%
1977 $-23.09B -1.11%
1976 $-1.63B -0.09%
1975 $15.98B 0.95%
1974 $-0.82B -0.05%
1973 $4.11B 0.29%
1972 $-3.37B -0.26%
1971 $0.62B 0.05%
1970 $3.95B 0.37%