United States Balance of Trade

$-88,576 −$17,394

Jul 2026 · Monthly

The United States trade deficit widened to USD -88,576 million in July 2026 from a revised USD -71,182 million in June. The latest reading remains far from the all-time low deficit of USD -132,983 million recorded in March 2025 and the all-time high deficit of USD -831 million in February 1992. Data are available since January 1992.

United States Balance of Trade, 1992–2026
ActualPreviousHighestLowestDatesFrequency
$-88,576$-71,182$-831Feb 1992$-132,983Mar 20251992 – 2026Monthly

About this series

Balance of Trade in United States averaged $-40,121 from 1992 until 2026, reaching an all-time high of $-831 in Feb 1992 and a record low of $-132,983 in Mar 2025. The series is reported monthly with history from 1992.

The Balance of Trade measures the difference between the value of exports and imports of goods and services in the United States. The data are reported in USD millions on a monthly basis. The historical series begins in January 1992.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

United States Balance of Trade FAQ