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 2021 and Annual Update

July 30, 2021 | News Release

Personal income increased $26.1 billion, or 0.1 percent at a monthly rate, while consumer spending increased $155.4 billion, or 1.0 percent, in June. Compensation increased in June while pandemic-related assistance programs declined.

Gross Domestic Product, Second Quarter 2021 (Advance Estimate) and Annual Update

July 29, 2021 | The BEA Wire

Real gross domestic product (GDP) increased at an annual rate of 6.5 percent in the second quarter of 2021, reflecting the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic. In the second quarter, government assistance payments in the form of loans to businesses and grants to state and local governments increased, while social benefits to households, such as the direct…

Gross Domestic Product, Second Quarter 2021 (Advance Estimate) and Annual Update

July 29, 2021 | News Release

Real gross domestic product (GDP) increased at an annual rate of 6.5 percent in the second quarter of 2021, reflecting the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic. In the second quarter, government assistance payments in the form of loans to businesses and grants to state and local governments increased, while social benefits to households, such as the direct…

Direct Investment by Country and Industry, 2020

July 22, 2021 | News Release

The U.S. direct investment abroad position, or cumulative level of investment, increased $244.9 billion to $6.15 trillion at the end of 2020 from $5.91 trillion at the end of 2019, according to statistics released by the Bureau of Economic Analysis (BEA). The increase reflected a $158.8 billion increase in the position in Europe, primarily in the United Kingdom and the Netherlands. By industry, holding company affiliates owned by U.S.…

Direct Investment by Country and Industry, 2020

July 22, 2021 | The BEA Wire

The U.S. direct investment abroad position, or cumulative level of investment, increased $244.9 billion to $6.15 trillion at the end of 2020 from $5.91 trillion at the end of 2019, according to statistics released by the Bureau of Economic Analysis (BEA). The increase reflected a $158.8 billion increase in the position in Europe, primarily in the United Kingdom and the Netherlands. By industry, holding company affiliates owned by U.S.…

GDP Updates for 2020 and Earlier Years Coming July 29

July 12, 2021 | The BEA Wire

BEA will update 2020 statistics on gross domestic product, personal income, spending, saving, and other measures of the pandemic year’s economy on July 29, as part of our regular annual update of national statistics for previous years.

May 2021 Trade Gap is $71.2 Billion

July 2, 2021 | The BEA Wire

The U.S. monthly international trade deficit increased in May 2021 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $69.1 billion in April (revised) to $71.2 billion in May, as imports increased more than exports. The previously published April deficit was $68.9 billion. The goods deficit increased $2.3 billion in May to $89.2 billion. The services surplus increased $0.1 billion in May…

U.S. International Trade in Goods and Services, May 2021

July 2, 2021 | News Release

The U.S. monthly international trade deficit increased in May 2021 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $69.1 billion in April (revised) to $71.2 billion in May, as imports increased more than exports. The previously published April deficit was $68.9 billion. The goods deficit increased $2.3 billion in May to $89.2 billion. The services surplus increased $0.1 billion in May to $…

New Foreign Direct Investment in the United States, 2020

July 1, 2021 | News Release

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $120.7 billion in 2020, down 45.4 percent from $221.2 billion in 2019.

New Foreign Direct Investment in the United States, 2020

July 1, 2021 | The BEA Wire

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $120.7 billion in 2020, down 45.4 percent from $221.2 billion in 2019.