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

October 2020 Trade Gap is $63.1 Billion

December 4, 2020 | The BEA Wire

The U.S. monthly international trade deficit increased in October 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $62.1 billion in September (revised) to $63.1 billion in October, as imports increased more than exports. The previously published September deficit was $63.9 billion. The goods deficit increased $0.6 billion in October to $81.4 billion. The services surplus decreased $…

U.S. International Trade in Goods and Services, October 2020

December 4, 2020 | News Release

The U.S. monthly international trade deficit increased in October 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $62.1 billion in September (revised) to $63.1 billion in October, as imports increased more than exports. The previously published September deficit was $63.9 billion. The goods deficit increased $0.6 billion in October to $81.4 billion. The services surplus decreased $0.4…

Personal Income and Outlays, October 2020

November 25, 2020 | The BEA Wire

Personal income decreased 0.7 percent while consumer spending increased 0.5 percent in October as federal economic recovery payments and pandemic-related assistance programs continued to wind down.

Personal Income and Outlays, October 2020

November 25, 2020 | News Release

Personal income decreased 0.7 percent while consumer spending increased 0.5 percent in October as federal economic recovery payments and pandemic-related assistance programs continued to wind down.

Gross Domestic Product, Third Quarter 2020 (Second Estimate) Corporate Profits, Third Quarter 2020 (Preliminary Estimate)

November 25, 2020 | The BEA Wire

Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. The increase is the same as in the “advance” estimate released in October. In the second quarter of 2020, real GDP decreased 31.4 percent. For more details, including source data, see the Technical Note.  

Gross Domestic Product, Third Quarter 2020 (Second Estimate); Corporate Profits, Third Quarter 2020 (Preliminary Estimate)

November 25, 2020 | News Release

Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. The increase is the same as in the “advance” estimate released in October. In the second quarter of 2020, real GDP decreased 31.4 percent.

Personal Income by County and Metropolitan Area, 2019

November 17, 2020 | The BEA Wire

In 2019, personal income increased in 2,964 counties, decreased in 139, and was unchanged in 10. Personal income increased 4.0 percent in the metropolitan portion of the United States and increased 3.5 percent in the nonmetropolitan portion.

Personal Income by County and Metropolitan Area, 2019

November 17, 2020 | News Release

In 2019, personal income increased in 2,964 counties, decreased in 139, and was unchanged in 10. Personal income increased 4.0 percent in the metropolitan portion of the United States and increased 3.5 percent in the nonmetropolitan portion.

Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2018

November 13, 2020 | The BEA Wire

Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.8 million workers in the United States in 2018, a 1.9 percent increase from 7.7 million in 2017, according to the Bureau of Economic Analysis.

Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2018

November 13, 2020 | News Release

Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.8 million workers in the United States in 2018, a 1.9 percent increase from 7.7 million in 2017, according to the Bureau of Economic Analysis.