The goods deficit in the US widened to a record high of $86.7 billion in February of 2021 from $84.6 billion in January. Exports of goods were $130.1 billion, $5.1 billion less than January exports. Biggest decreases were seen in sales of capital goods (-5.9 percent), autos (-5.9 percent), consumer goods (-5.7 percent) and food and beverages (-5.4 percent). Imports of goods were $216.9 billion, $3.0 billion less than in the previous month, dragged down by a 10.7 percent slump in purchases of autos. source: U.S. Census Bureau
Goods Trade Balance in the United States averaged -21843.44 USD Million from 1955 until 2021, reaching an all time high of 1492.20 USD Million in June of 1975 and a record low of -86720 USD Million in February of 2021. This page provides - United States Goods Trade Balance- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Goods Trade Balance - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Goods Trade Balance in the United States is expected to be -72000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Goods Trade Balance in the United States to stand at -73000.00 in 12 months time. In the long-term, the United States Goods Trade Balance is projected to trend around -74500.00 USD Million in 2022, according to our econometric models.