Legend
- High Impact Expected
- Med Impact Expected
- Low Impact Expected
- Non-Economic
Revision
- Green NumberBetter than forecast -or- revised better
- Red NumberWorse than forecast -or- revised worse
- m/mMonth Over Month
- q/qQuarter Over Quarter
- y/yYear Over Year
- K Thousand
- M Million
- B Billion
- T Trillion
US Trade Balance
It’s a leading indicator of external demand – a rising surplus indicates that foreigners are buying more of the country's goods and resources;
The goods portion has a muted impact because it's a duplicate of the Goods Trade Balance data released about 5 days earlier. A positive number indicates that more goods and services were exported than imported;
- US Trade Balance Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Jul 7, 2026 | -77.6B | -78.3B |
-54.6B |
| Jun 9, 2026 | -55.9B | -56.2B |
-56.6B |
| May 5, 2026 | -60.3B | -61.0B |
-57.8B |
| Apr 2, 2026 | -57.3B | -60.5B |
-54.7B |
| Mar 12, 2026 | -54.5B | -66.6B |
-72.9B |
| Feb 19, 2026 | -70.3B | -55.5B |
-53.0B |
| Jan 29, 2026 | -56.8B | -43.4B |
-29.2B |
| Jan 8, 2026 | -29.4B | -58.1B |
-48.1B |
-
- US Trade Balance News
From economics.bmo.com|Jul 7, 2026Surging imports and a rare decline in exports spiked the U.S. trade deficit to its highest level in more than a year. The goods and services deficit jumped to $77.6 billion in May, a tad less than expected, from a downwardly revised $54.6 billion in April. Despite tariffs, the trade deficit has returned to levels of late 2024, before importers began front-loading purchases, suggesting little overall progress in shrinking the trade gap. Front-loading ahead of potential Section 301 duties may have contributed to a 3.3% leap in imports ...
From bea.gov|Jul 7, 2026|2 commentsThe U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $77.6 billion in May, up $23.0 billion from $54.6 billion in April, revised. May exports were $317.7 billion, $10.5 billion less than April exports. May imports were $395.3 billion, $12.5 billion more than April imports. The May increase in the goods and services deficit reflected an increase in the goods deficit of $23.6 billion to $106.5 billion and an increase in the services surplus of $0.6 billion to $28.9 ...
From bea.gov|Jun 9, 2026|1 commentThe U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $55.9 billion in April, down $0.7 billion from $56.6 billion in March, revised. April exports were $327.1 billion, $8.3 billion more than March exports. April imports were $383.0 billion, $7.6 billion more than March imports. The April decrease in the goods and services deficit reflected a decrease in the goods deficit of $2.4 billion to $83.7 billion and a decrease in the services surplus of $1.7 billion to $27.8 ...
From finance.yahoo.com|May 5, 2026|1 commentThe US trade deficit jumped 4.3% in March to $60.3 billion, the second straight monthly jump and a reading that reflects the first full month after the Supreme Court struck down President Trump’s blanket tariffs. Imports jumped 2.3% to $381.2 billion, outpacing a rise in exports of 2.0% to 320.9 billion. The goods deficit increased by $4.1 billion to $88.7 billion. The US traditionally runs a positive number on the services side of the ledger — that surplus continued and increased by $1.6 billion to $28.4 billion. March’s rise was ...
- From economics.bmo.com|May 5, 2026
The U.S. trade deficit widened further in March, to $60.3 bln from a revised $57.8 bln in the prior month, as imports continued to outpace exports. Total exports increased 2.0% to $320.9 bln, while imports climbed a slightly faster 2.3% to $381.2 bln. On the export side… strength was concentrated in energy-related goods (amid the Iran war) rather than sturdy, broad-based global demand. Total exports rose by $6.2 bln, driven almost entirely by industrial supplies and materials. Crude oil (+$2.8 bln), fuel oil (+$1.6 bln), and other ...
From bea.gov|May 5, 2026The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $60.3 billion in March, up $2.5 billion from $57.8 billion in February, revised. March exports were $320.9 billion, $6.2 billion more than February exports. March imports were $381.2 billion, $8.7 billion more than February imports. The March increase in the goods and services deficit reflected an increase in the goods deficit of $4.1 billion to $88.7 billion and an increase in the services surplus of $1.6 billion ...
- From bea.gov|Apr 2, 2026
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $57.3 billion in February, up $2.7 billion from $54.7 billion in January, revised. February exports were $314.8 billion, $12.6 billion more than January exports. February imports were $372.1 billion, $15.2 billion more than January imports. The February increase in the goods and services deficit reflected an increase in the goods deficit of $2.5 billion to $84.6 billion and a decrease in the services surplus of $0.2 ...
From economics.bmo.com|Mar 12, 2026|1 commentDespite shrinking in January, the U.S. trade deficit could still weigh on first quarter economic growth. The nominal deficit in goods and services trade declined to $54.5 billion from an upwardly-revised $72.9 billion in December ($70.3 billion previously). After two monthly declines, exports snapped back 5.5% on broad based gains. Meanwhile, following sizable increases the prior two months, imports fell modestly amid widespread declines apart from continued purchases of computing equipment to feed the AI boom. On a regional basis, ...
| Released on Jul 7, 2026 |
|---|
| Released on Jun 9, 2026 |
|---|
| Released on May 5, 2026 |
|---|
| Released on Apr 2, 2026 |
|---|
| Released on Mar 12, 2026 |
|---|
- Details