The US trade gap widened to $71.5 billion in May 2025 from a downwardly revised $60.3 billion gap in April. Exports fell 4% to $279 billion from a record high of $290.5 billion in April. The biggest declines were seen in nonmonetary gold, natural gas, and finished metal shapes. Meanwhile, imports decreased 0.1% to a seven-month low of $350.5 billion, as lower purchases of computer accessories and finished metal shapes more than offset higher imports of computers, passenger cars, and pharmaceutical preparations. The biggest trade deficit was recorded with the EU ($-22.5 billion), compared with a $17.9 billion gap in April. The shortfall with Mexico also surged to $17.1 billion from $13.5 billion. The deficit with Canada ($-2.8 billion from $-2 billion) and Vietnam (-14.9 billion from $-14.5 billion) also widened. On the other hand, the shortfall with China narrowed to $14 billion from $19.7 billion. source: Bureau of Economic Analysis (BEA)
The United States recorded a trade deficit of 71.52 USD Billion in May of 2025. Balance of Trade in the United States averaged -18.95 USD Billion from 1950 until 2025, reaching an all time high of 1.95 USD Billion in June of 1975 and a record low of -138.32 USD Billion in March of 2025. This page provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2025.
The United States recorded a trade deficit of 71.52 USD Billion in May of 2025. Balance of Trade in the United States is expected to be -57.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Balance of Trade is projected to trend around -73.00 USD Billion in 2026 and -88.00 USD Billion in 2027, according to our econometric models.