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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 1970-2023

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 $124.50B
Netherlands $103.92B
Switzerland $95.21B
Saudi Arabia $86.87B
Australia $66.46B
South Korea $64.81B
Norway $59.10B
Italy $49.67B
Qatar $44.53B
Luxembourg $29.71B
Denmark $28.43B
Sweden $27.35B
Poland $22.94B
Spain $21.20B
Israel $19.32B
Hong Kong $17.81B
Argentina $15.05B
Puerto Rico $12.86B
Oman $9.82B
Czech Republic $8.35B
Belgium $6.25B
Panama $6.00B
Slovenia $3.91B
Uruguay $3.65B
Macao $3.60B
Lithuania $3.00B
Austria $2.78B
Malta $2.40B
Canada $1.94B
Brunei $1.85B
Bermuda $1.84B
Cyprus $0.83B
Finland $0.68B
Hungary $0.55B
Aruba $0.02B
Faroe Islands $0.02B
Seychelles $-0.12B
Estonia $-0.14B
Slovak Republic $-0.26B
Iceland $-0.46B
Barbados $-0.49B
Croatia $-1.01B
Latvia $-1.37B
Bahamas $-1.64B
Chile $-2.06B
Guam $-3.48B
Portugal $-7.57B
New Zealand $-10.07B
Greece $-16.57B
United Kingdom $-24.17B
Japan $-25.92B
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%