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

Personal Income and Outlays, June 2022

July 29, 2022 | The BEA Wire

Personal income increased $133.5 billion, or 0.6 percent at a monthly rate, while consumer spending increased $181.1 billion, or 1.1 percent, in June. The increase in personal income primarily reflected increases in compensation and proprietors’ income. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 5.1 percent in June, compared with 5.5 percent in May.

Personal Income and Outlays, June 2022

July 29, 2022 | News Release

Personal income increased $133.5 billion, or 0.6 percent at a monthly rate, while consumer spending increased $181.1 billion, or 1.1 percent, in June. The increase in personal income primarily reflected increases in compensation and proprietors’ income. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 5.1 percent in June, compared with 5.5 percent in May.

Gross Domestic Product, Second Quarter 2022

July 28, 2022 | The BEA Wire

Real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022, following a decrease of 1.6 percent in the first quarter. The smaller decrease in the second quarter primarily reflected an upturn in exports and a smaller decrease in federal government spending. For more details, including source data, refer to the Technical Note.

Gross Domestic Product, Second Quarter 2022 (Advance Estimate)

July 28, 2022 | News Release

Real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022, following a decrease of 1.6 percent in the first quarter. The smaller decrease in the second quarter primarily reflected an upturn in exports and a smaller decrease in federal government spending.

Producto interior bruto para Puerto Rico, 2020

July 26, 2022 | News Release

El producto interior bruto real (PIB) para Puerto Rico decreció 6.0 por ciento en 2020, luego de crecer 0.2 por ciento en 2019, de acuerdo con las estadísticas difundidas hoy por el Negociado de Análisis Económico de EE. UU. (BEA por sus siglas en inglés). La disminución del PIB real en 2020 reflejó principalmente un decrecimiento de las exportaciones de bienes y servicios. El gasto del consumidor, el gasto del gobierno, y la inversión privada…

Gross Domestic Product for Puerto Rico, 2020

July 26, 2022 | News Release

Real gross domestic product (GDP) for Puerto Rico decreased 6.0 percent in 2020 after increasing 0.2 percent in 2019 (table 1.3), according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). The decrease in real GDP in 2020 primarily reflected a decrease in exports of goods and services (table 1.4). Personal consumption expenditures, government spending, and private fixed investment also decreased. These decreases were…

Gross Domestic Product for Puerto Rico, 2020

July 26, 2022 | The BEA Wire

Real gross domestic product for Puerto Rico decreased 6.0 percent in 2020 after increasing 0.2 percent in 2019, according to statistics released today by the U.S. Bureau of Economic Analysis.

The decrease in real GDP in 2020 primarily reflected a decrease in exports of goods and services. Personal consumption expenditures, government spending, and private fixed investment also decreased. These decreases were partly offset by an…

Producto interior bruto para Puerto Rico, 2020

July 26, 2022 | The BEA Wire

El producto interior bruto real para Puerto Rico decreció 6.0 por ciento en 2020, luego de crecer 0.2 por ciento en 2019, de acuerdo con las estadísticas difundidas hoy por el Negociado de Análisis Económico de EE. UU.

Direct Investment by Country and Industry, 2021

July 21, 2022 | The BEA Wire

The U.S. direct investment abroad position, or cumulative level of investment, increased $403.3 billion to $6.49 trillion at the end of 2021 from $6.09 trillion at the end of 2020, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). The increase reflected a $352.6 billion increase in the position in Europe, primarily in Ireland and the United Kingdom. By industry, holding company affiliates owned by U.S.…

Direct Investment by Country and Industry, 2021

July 21, 2022 | News Release

The U.S. direct investment abroad position, or cumulative level of investment, increased $403.3 billion to $6.49 trillion at the end of 2021 from $6.09 trillion at the end of 2020, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). The increase reflected a $352.6 billion increase in the position in Europe, primarily in Ireland and the United Kingdom. By industry, holding company affiliates owned by U.S.…