Us trade balance statistics
Since the United States imports more than it exports, its trade deficit is $617 billion. Even though America exports billions in oil, consumer goods, and automotive products, it imports even more. The US trade deficit on goods narrowed to USD 65.9 billion in January 2020 from the previous month's USD 68.5 billion, revised data showed. Goods Trade Balance in the United States averaged -20916.20 USD Million from 1955 until 2020, reaching an all time high of 1492.20 USD Million in June of 1975 and a record low of -79790 USD Million in December of 2018. This page provides - United States United States Trade Statistics. globalEDGE - Your source for business knowledge Menu. Global Insights . By Country; Compare Trade Balance Rank Total Trade . Total Exports (2018) $1,663,366,785,389 : Total Imports (2018) United States × The Site. About globalEDGE The United States has the world's largest trade deficit. It's been that way since 1975. The deficit in goods and services was $621 billion in 2018. Imports were $3.1 trillion and exports were only $2.5 trillion. In 2018, the U.S. trade deficit in goods alone was $891 billion. USA global trade The overall US trade balance for all products totaled -US$923.2 billion in red ink for 2019. That trade deficit reflects a -2.4% reduction from the -$946.4 billion negative score for 2018 but a 16.9% expansion from -$789.7 billion in 2012. The United States is the 3rd largest export economy in the world and the 7th most complex economy according to the Economic Complexity Index (ECI). In 2017, the United States exported $1.25T and imported $2.16T, resulting in a negative trade balance of $910B. In 2017 the GDP of the United States was $19.4T and its GDP per capita was $59.5k. Trade in goods and services; Trade in goods and services forecast; Trade in goods; Trade in services; Current account balance; Current account balance forecast; Exports by business size; Imports by business size; Terms of trade; Domestic value added in gross exports; Import content of exports
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20 Mar 2019 The size of the U.S. bilateral trade deficit with China has been and difference between the official trade statistics released by the United. 27 Jun 2019 President Trump bared his brass knuckles again in a trade spat with China, threatening to raise tariffs on billions of dollars in imports because Directions of Trade Statistics, and US/China and EU national statistics. China's trade balance with developed countries remained relatively stable. The data for 13 Aug 2015 The U.S. trade deficit in manufactures soared by 30% in the first quarter, Source(s): U.S. Census, FT-900, and China's Customs Statistics 13 Jan 2020 Vietnam recorded a trade surplus of $11.12 billion last year, The General Statistics Office late last month forecast the 2019 trade surplus at $9.94 billion trade surplus with the United States, Vietnam's largest export market, 9 May 2019 The U.S. goods trade deficit with China, a focus of the White House's "America First" agenda, shrank to its smallest in five years in March, which
20 Mar 2019 The size of the U.S. bilateral trade deficit with China has been and difference between the official trade statistics released by the United.
22 Feb 2017 it is helpful to first understand why differences exist between official Chinese and U.S. trade statistics regarding the China-US trade balance 17 May 2019 For example, the United States has had a trade deficit since 1976 because of its dependency on oil imports and consumer products. Conversely, United States's Trade Balance recorded a deficit of 65.9 USD bn in Jan 2020, compared with a deficit of 68.5 USD bn in the previous month. United States's Trade Balance data is updated monthly, available from Jan 1986 to Jan 2020, with an averaged value of -39.6 USD bn.
Directions of Trade Statistics, and US/China and EU national statistics. China's trade balance with developed countries remained relatively stable. The data for
U.S. Trade Trends with France: Total Trade in Goods. Exports. Imports. Deficit. Surplus. Source: U.S. Census Bureau, USA Trade Portal March 27th, 2019. This site is updated with data obtained from Statistics Canada and the U.S. Census Bureau. Current Canadian data January 2020, US data December 2019. Trade 2 Mar 2020 Definition: The Direction of Trade Statistics (DOTS) presents the value of merchandise exports and imports disaggregated according to a Users have the option of selecting Imports, Exports, or Trade Balance. and coding system (HS) section, Canada, provinces and territories, United States, states. Canada-U.S. Trade in Billions of Dollars. Source: Statistics Canada Table 12-10- 0011-01, Merchandise imports and exports, Balance of payments basis, 1 Standard International Trade Classification, United Nations Statistical Papers Director of the United States Mint for the years 1900-1913; by rates published by exports and imports are those in the International Monetary Fund's Balance of. In depth view into US Trade Deficit including historical data from 1992, charts and stats.
9 May 2019 The U.S. goods trade deficit with China, a focus of the White House's "America First" agenda, shrank to its smallest in five years in March, which
13 Aug 2015 The U.S. trade deficit in manufactures soared by 30% in the first quarter, Source(s): U.S. Census, FT-900, and China's Customs Statistics
13 Aug 2015 The U.S. trade deficit in manufactures soared by 30% in the first quarter, Source(s): U.S. Census, FT-900, and China's Customs Statistics 13 Jan 2020 Vietnam recorded a trade surplus of $11.12 billion last year, The General Statistics Office late last month forecast the 2019 trade surplus at $9.94 billion trade surplus with the United States, Vietnam's largest export market, 9 May 2019 The U.S. goods trade deficit with China, a focus of the White House's "America First" agenda, shrank to its smallest in five years in March, which 29 Jan 2019 Trade balance scorecard. In Trumpian terms, the latest trade statistics show Mexico is winning and the US is losing. But economists and experts 22 Feb 2017 it is helpful to first understand why differences exist between official Chinese and U.S. trade statistics regarding the China-US trade balance 17 May 2019 For example, the United States has had a trade deficit since 1976 because of its dependency on oil imports and consumer products. Conversely, United States's Trade Balance recorded a deficit of 65.9 USD bn in Jan 2020, compared with a deficit of 68.5 USD bn in the previous month. United States's Trade Balance data is updated monthly, available from Jan 1986 to Jan 2020, with an averaged value of -39.6 USD bn.