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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United States Goods Trade Balance
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 [+]


United States Goods Trade Balance

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.

Actual Previous Highest Lowest Dates Unit Frequency
-66799.00 -70656.00 1492.20 -79790.00 1955 - 2019 USD Million Monthly
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Country Last Previous
United Kingdom -14486.00 Oct/19 -11521
United States -66799.00 Oct/19 -70656


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