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 2020 was $-651.19B, a 9.21% increase from 2019.
- U.S. trade balance for 2019 was $-596.26B, a 0.01% increase from 2018.
- U.S. trade balance for 2018 was $-596.19B, a 10.42% increase from 2017.
- U.S. trade balance for 2017 was $-539.93B, a 6.65% increase from 2016.
U.S. Trade Balance - Historical Data |
Year |
Billions of US $ |
% of GDP |
2020 |
$-651.19B |
-3.12% |
2019 |
$-596.26B |
-2.79% |
2018 |
$-596.19B |
-2.90% |
2017 |
$-539.93B |
-2.77% |
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% |