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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 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.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $220.22B
Singapore $109.48B
Netherlands $95.12B
Ireland $94.86B
UAE $88.35B
Italy $69.31B
Switzerland $66.16B
South Korea $60.21B
Australia $52.16B
Poland $40.53B
Sweden $25.10B
Luxembourg $24.27B
Denmark $22.97B
Israel $18.92B
Spain $18.88B
Czech Republic $16.76B
Austria $12.44B
Qatar $11.87B
Argentina $11.83B
Chile $11.53B
United Kingdom $8.15B
Belgium $7.34B
Hong Kong $6.62B
Oman $5.50B
Lithuania $5.25B
Slovenia $4.94B
Hungary $3.26B
Panama $2.77B
Uruguay $2.33B
Saudi Arabia $2.03B
Bahrain $1.95B
Bermuda $1.89B
Malta $1.89B
Slovak Republic $0.97B
Cayman Islands $0.78B
Finland $0.65B
Macao $0.59B
Brunei $0.53B
Latvia $0.40B
San Marino $0.37B
Estonia $0.15B
Faroe Islands $-0.04B
Antigua and Barbuda $-0.06B
Iceland $-0.16B
Seychelles $-0.28B
Barbados $-0.33B
Greenland $-0.38B
Aruba $-0.40B
Cyprus $-0.62B
New Zealand $-0.82B
Bahamas $-0.86B
Virgin Islands (U.S.) $-1.59B
Guam $-3.00B
Norway $-3.04B
Croatia $-3.87B
Portugal $-4.83B
Japan $-12.18B
Greece $-14.38B
Canada $-33.82B
France $-53.14B
United States $-651.19B
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%