United States Goods Trade Balance

The US goods trade deficit narrowed sharply to USD 66.8 billion in October 2019 from USD 70.7 billion in the previous month, revised figures showed. That was the smallest goods gap since May 2018. Goods Trade Balance in the United States averaged -20736.81 USD Million from 1955 until 2019, 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. source: U.S. Census Bureau

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-08-29	12:30 PM	Goods Trade Balance Adv Jul	$-72.34B	$-74.16B	$-74B	$-72.0B
2019-09-26	12:30 PM	Goods Trade Balance Adv Aug	$-72.83B	$-72.46B	$-77.327B	$-73.4B
2019-10-28	12:30 PM	Goods Trade Balance Adv Sep	$-70.39B	$-73.06B		$-76.2B
2019-11-26	01:30 PM	Goods Trade Balance Adv Oct	$-66.53B	$-70.55B	$-71.3B	$-74.4B
2019-12-30	01:30 PM	Goods Trade Balance Adv Nov		$-66.8B		$-69.9B
2020-01-29	01:30 PM	Goods Trade Balance Adv Dec				$-71.6B
2020-02-28	01:30 PM	Goods Trade Balance Adv Jan				$-72.9B

United States Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-47199.00	-51100.00	1946.00	-67823.00	USD Million	[+]
Current Account	-128188.00	-136194.00	9957.00	-215769.00	USD Million	[+]
Current Account to GDP	-2.40	-2.30	0.20	-6.00	percent	[+]
Imports	254319.00	258651.00	266816.00	577.00	USD Million	[+]
Exports	207120.00	207551.00	213341.00	772.00	USD Million	[+]
External Debt	20263768.00	20006050.00	20263768.00	6570168.00	USD Million	[+]
Terms of Trade	106.33	106.25	168.28	91.82	points	[+]
Capital Flows	-37587.00	41933.00	272938.00	-194622.00	USD Million	[+]
Foreign Direct Investment	51113.00	52378.00	55831.00	-9988.00	USD Million	[+]
Net Long Term Tic Flows	49474.00	-41162.00	157830.00	-72882.00	USD Million	[+]
Gold Reserves	8133.46	8133.46	8149.05	8133.46	Tonnes	[+]
Crude Oil Production	12463.00	12365.00	12463.00	3971.00	BBL/D/1K	[+]
Tourism Revenues	20901.00	20837.00	21793.00	6496.00	USD Million	[+]
Tourist Arrivals	6712574.00	8115682.00	8418370.00	2094287.00		[+]
Terrorism Index	5.69	6.07	7.39	3.70		[+]
Weapons Sales	10508.00	12485.00	15725.00	1742.00	USD Million	[+]
Goods Trade Balance	-66799.00	-70656.00	1492.20	-79790.00	USD Million	[+]

In the US, goods trade balance is equal to goods exports less goods imports. This page provides - United States Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Goods Trade Balance - actual data, historical chart and calendar of releases - was last updated on December of 2019.