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Latest trade data
The total US trade deficit, which covers both goods and services, was $ 71.5 billion in May, an increase of $ 60.3 billion in April. The increase in the deficit was driven by a decrease in export, according to the Bureau of Economic Analysis.
Interactive: Explore global trade
The US is the world’s largest importer and plays a crucial role in the worldwide stream of goods. But trade volumes and partners vary considerably per sector.
Overview of our trade in trade
Mexico has been the largest foreign supplier of goods to the US every year since 2023, after a decrease in import from China after the rates were introduced during the first term of Trump as president.
Canada, China and Mexico are the three largest suppliers of the US, accounting for more than 40 percent of the imported goods.
In general, the US has an annual worldwide trade in freight deficit of more than $ 1 tn, but the image varies considerably at level per country.
Canada (fuel), China (electrical equipment) and Mexico (vehicles) each export to the US at least one category of more than $ 100 billion.
Mexico and Canada are much more dependent on exporting to the US than other G20 countries.
Overview of services trade
According to the OECD, the top three suppliers of services to the US were the UK in 2023 (13.4 percent of the total import of the US service), Canada (6.8 percent) and Germany (6.4 percent).
The best export markets for American services in the same period were Ireland (12.3 percent of US services), Canada (7.6 percent) and the UK (7.3 percent).
Explore individual trade in services of land data (import, export and total balance) using the interactive graph below:
Reporting by Alan Smith, William Crofton, Jonathan Vincent, Oliver Hawkins, Martin Stabe, Sam Learner and Eva Xiao. Extra development by Caroline Nevitt, Eade Hemingway and Gaku Ito
