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Charts & Stats
United States Net trade in goods and services (BoP, current US$)
What is United States' net trade in goods and services (bop, current us$)? As of 2023, it's -774.2B -923.73B–-479.46B current US$, down from -484B -923.73B–-479.46B current US$ in 2014.
Author: Wantstats Research TeamSource: World Bank and Wantstats Repository
| Label | Net trade in goods and services (BoP, current US$) |
|---|---|
| 2014 | -483951000000 -923.73B–-479.46B current US$ |
| 2015 | -490773000000 -923.73B–-479.46B current US$ |
| 2016 | -479461000000 -923.73B–-479.46B current US$ |
| 2017 | -516935000000 -923.73B–-479.46B current US$ |
| 2018 | -577496000000 -923.73B–-479.46B current US$ |
| 2019 | -559272000000 -923.73B–-479.46B current US$ |
| 2020 | -646043000000 -923.73B–-479.46B current US$ |
| 2021 | -837273000000 -923.73B–-479.46B current US$ |
| 2022 | -923733000000 -923.73B–-479.46B current US$ |
| 2023 | -774217000000 -923.73B–-479.46B current US$ |
Data Source: World Bank and Wantstats Repository
United States Net trade in goods and services (BoP, current US$): Key Points
- The 2014-2023 run puts United States' net trade in goods and services at -774.22B current US$ by the end, down from -483.95B current US$ at the start — a fall of some 60%.
- 2017-2018: drifts lower, -577.50B current US$ (-20%).
- 2019: rises to -559.27B current US$ (+3%).
- 2020-2022: drops hard to -923.73B current US$ (-65%).
- 2023: up to -774.22B current US$ (+16%).
- 2023: Ends the series at -774.22B current US$ — 60.0% below the 2014 baseline.
Making Sense Of The Swings
This chart doesn't support a simple narrative. It moves up, it moves down — pick any two years and you can tell almost any story you want. Look at the whole series, not a slice of it.
30% in a single year, 2021, is a lot. Before reading it as a real-world shift, check whether the data source changed methodology or survey basis around that year — it happens more often than you'd think with modeled national statistics.
This series reflects United States's official reporting via the linked source. Statistics of this kind are typically benchmarked against periodic censuses or surveys, with intervening years estimated.
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Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.