The goods deficit in the US widened to $87.4 billion in March 2026 from $83.5 billion in February, revised data showed. Goods Trade Balance in the United States averaged -27064.26 USD Million from 1955 until 2026, reaching an all time high of 1492.00 USD Million in June of 1975 and a record low of -161497.00 USD Million in March of 2025. source: U.S. Census Bureau
Goods Trade Balance in the United States decreased to -87446 USD Million in March from -83506 USD Million in February of 2026.
The United States has run uninterrupted trade deficits since 1976, driven largely by robust demand for imported industrial inputs, capital goods and consumer products. In 2025, trade flows were notably influenced by the introduction of new tariffs. Imports surged to record levels in the first half of the year as firms rushed to secure goods before higher duties took effect. Later in the year, however, import growth slowed considerably, indicating that tariffs were starting to dampen demand. For the year as a whole, the US recorded a goods trade deficit of just above $1.2 trillion, little changed from 2024 but still among the largest gaps seen since 1960. The biggest bilateral deficits were with the European Union ($218.8 billion), especially Ireland and Germany, followed by China ($202.1 billion), Mexico ($196.9 billion), Vietnam ($178.2 billion), Taiwan ($146.8 billion), Thailand ($71.9 billion), Japan ($63.9 billion), India ($58.2 billion), South Korea ($56.4 billion), Canada ($46.4 billion), Switzerland ($34.3 billion) and Malaysia ($30.8 billion).
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
-87446.00 |
-83506.00 |
1492.00 |
-161497.00 |
1955 - 2026 |
USD Million |
Monthly |
SA
|