July 03, 2025

Split U.S. International Trade in Goods and Services, May 2025 and U.S. Trade in Services Detailed Tables, 2024

U.S. International Trade in Goods and Services, May 2025

The U.S. goods and services trade deficit increased in May 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $60.3 billion in April (revised) to $71.5 billion in May, as exports decreased more than imports. The goods deficit increased $11.2 billion in May to $97.5 billion. The services surplus decreased $0.1 billion in May to $26.0 billion.

U.S. Trade in Services Detailed Tables, 2024

For 2024, U.S. exports of services were $1,152.7 billion, and U.S. imports of services were $840.9 billion. For 2022—the latest year for which statistics are available—services supplied to foreign persons through foreign affiliates of U.S. multinational enterprises (MNEs) were $2,114.1 billion, and services supplied to U.S. persons through U.S. affiliates of foreign MNEs were $1,517.8 billion. Affiliates supplied most of the services provided to foreign persons by the United States and to U.S. persons by foreign markets in 2022.

Principal Federal Economic Indicators

Gross Domestic Product
Q1 2025 (3rd)
-0.5%
Personal Income
May 2025
-0.4%
International Trade in Goods and Services
May 2025
-$71.5 B
International Transactions
Q1 2025
-$450.2 B

Noteworthy

The Latest

GDP Increases in First Quarter

June 27, 2019 | The BEA Wire

Real gross domestic product (GDP) increased 3.1 percent in the first quarter of 2019, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was unrevised from the “second” estimate released in May. In the fourth quarter of 2018, real GDP rose 2.2 percent.

Gross Domestic Product, First Quarter 2019 (Third Estimate); Corporate Profits, First Quarter 2019 (Revised Estimate)

June 27, 2019 | News Release

Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent. Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) decreased $59.3 billion in the first quarter, compared with a…

U.S. Net International Investment Position – First Quarter 2019

June 26, 2019 | The BEA Wire

The U.S. net international investment position decreased to –$9.93 trillion (preliminary) at the end of the first quarter of 2019 from –$9.55 trillion (revised) at the end of the fourth quarter of 2018. The $374.4 billion decrease reflected net financial transactions of –$30.2 billion and net other changes in position, such as price and exchange-rate changes, of –$344.2 billion.

U.S. Net International Investment Position: First Quarter 2019, Year 2018, and Annual Update

June 26, 2019 | News Release

The U.S. net international investment position decreased to -$9.93 trillion (preliminary) at the end of the first quarter of 2019 from -$9.55 trillion (revised) at the end of the fourth quarter of 2018, according to statistics released by the Bureau of Economic Analysis (BEA).

State Personal Income, First Quarter 2019

June 25, 2019 | The BEA Wire

State personal income increased 3.4 percent at an annual rate in the first quarter of 2019, a deceleration from the 4.1 percent increase in the fourth quarter of 2018. Personal income increased in all states except South Dakota. The percent change in personal income across all states ranged from 5.6 percent in West Virginia to -0.6 percent in South Dakota.

State Personal Income, First Quarter 2019

June 25, 2019 | News Release

State personal income increased 3.4 percent at an annual rate in the first quarter of 2019, a deceleration from the 4.1 percent increase in the fourth quarter of 2018. Personal income increased in all states except South Dakota. The percent change in personal income across all states ranged from 5.6 percent in West Virginia to -0.6 percent in South Dakota.

U.S. Current-Account Deficit Decreases in First Quarter 2019

June 20, 2019 | The BEA Wire

The U.S. current-account deficit decreased to $130.4 billion (preliminary) in the first quarter of 2019 from $143.9 billion (revised) in the fourth quarter of 2018. As a percentage of U.S. gross domestic product, the deficit decreased to 2.5 percent from 2.8 percent. The previously published current-account deficit for the fourth quarter was $134.4 billion.

U.S. International Transactions, First Quarter 2019 and Annual Update

June 20, 2019 | News Release

The U.S. current-account deficit decreased to $130.4 billion (preliminary) in the first quarter of 2019 from $143.9 billion (revised) in the fourth quarter of 2018. As a percentage of U.S. gross domestic product, the deficit decreased to 2.5 percent from 2.8 percent. The previously published current-account deficit for the fourth quarter was $134.4 billion.

BEA Joins the FSRDC Network: New Secure Locations Now Available for Researchers

June 12, 2019 | The BEA Wire

For the first time, approved academics and other researchers will be able to access the Bureau of Economic Analysis’ confidential, company-specific trade and investment data from secure locations around the country, making it more convenient for them to do research.

April 2019 Trade Gap is $50.8 Billion

June 6, 2019 | The BEA Wire

The U.S. monthly international trade deficit decreased in April 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $51.9 billion in March (revised) to $50.8 billion in April, as imports decreased more than exports. The previously published March deficit was $50.0 billion. The goods deficit decreased $1.0 billion in April to $71.7 billion. The services surplus increased $0.1 billion in…