Goods Trade Balance

The Goods Trade Balance released by the US Bureau of Economic Analysis and the U.S. Census Bureau is the difference in value between imported and exported goods during a certain month. The figure will be released monthly basis, between 4-7 days before the International Trade Balance, presenting advanced statistics for the reference month. Given that the it started in July 2015, volatility could be erratic during the first releases, although should be understood that higher exports and less imports are dollar positive, whilst the other way around, should produce a negative effect on the USD.

Most recent - Friday 29 August 2025 12:30

Previous
$-85.9B
Revised
-
Forecast
$-87.4B
Actual
$-103.6B

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Next event - Thursday 4 September 2025 12:30

Previous
-
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Goods Trade Balance yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Goods Trade Balance was $-103.6B against a forecast of $-87.4B.

Past events

Date
Forecast
Actual
Friday 29 August 2025 12:30
$-87.4B
$-103.6B
Tuesday 5 August 2025 12:30
-
$-85.9B
Tuesday 29 July 2025 12:30
$-98.4B
$-85.9B
Thursday 3 July 2025 12:30
-
$-97.5B
Thursday 26 June 2025 12:30
$-88.5B
$-96.6B
Thursday 5 June 2025 12:30
-
$-87.4B
Friday 30 May 2025 12:30
$-141.5B
$-87.62B
Tuesday 6 May 2025 12:30
-
$-163.5B
Tuesday 29 April 2025 12:30
-
$-162B
Thursday 3 April 2025 12:30
-
$-147B
Thursday 27 March 2025 12:30
$-134.5B
$-147.9B
Thursday 6 March 2025 13:30
$-127.4B
$-156.8B
Friday 28 February 2025 13:30
$-114.7B
$-153.3B
Wednesday 5 February 2025 13:30
-
$-123B
Wednesday 29 January 2025 13:30
$-105.7B
$-122.1B
Tuesday 7 January 2025 13:30
-
$-103.4B
Friday 27 December 2024 13:30
$-100.9B
$-102.9B
Thursday 5 December 2024 13:30
-
$-98.7B
Wednesday 27 November 2024 13:30
$-99.9B
$-99.1B
Tuesday 5 November 2024 13:30
-
$-109B
Tuesday 29 October 2024 12:30
$-96.1B
$-108.2B
Tuesday 8 October 2024 12:30
-
$-94.9B
Friday 27 September 2024 12:30
$-99.4B
$-94.3B
Wednesday 4 September 2024 12:30
-
$-103.1B
Thursday 29 August 2024 12:30
$-97.5B
$-102.7B
Tuesday 6 August 2024 12:30
-
$-97.4B
Wednesday 24 July 2024 12:30
$-98B
$-96.8B
Wednesday 3 July 2024 12:30
-
$-100.2B
Thursday 27 June 2024 12:30
$-96B
$-100.6B
Thursday 6 June 2024 12:30
-
$-99.2B
Thursday 30 May 2024 12:30
$-91.8B
$-99.4B
Thursday 2 May 2024 12:30
-
$-92.5B
Thursday 25 April 2024 12:30
$-91.2B
$-91.8B
Thursday 4 April 2024 12:30
-
$-91.4B
Friday 29 March 2024 12:30
-
$-91.8B
Thursday 7 March 2024 13:30
-
$-91.6B
Wednesday 28 February 2024 13:30
-
$-90.2B
Wednesday 7 February 2024 13:30
-
$-89.1B
Thursday 25 January 2024 13:30
-
$-88.5B
Tuesday 9 January 2024 13:30
-
$-89.4B
Thursday 28 December 2023 13:30
-
$-90.3B
Wednesday 6 December 2023 13:30
-
$-89.8B
Wednesday 29 November 2023 13:30
$-86.4B
$-89.8B
Tuesday 7 November 2023 13:30
-
$-86.3B
Thursday 26 October 2023 12:30
$-85.5B
$-85.8B
Thursday 5 October 2023 12:30
-
$-84.5B
Friday 29 September 2023 12:30
-
$-84.3B
Wednesday 6 September 2023 12:30
-
$-90B
Wednesday 30 August 2023 12:30
-
$-91.2B
Tuesday 8 August 2023 12:30
-
$-88.2B
Thursday 27 July 2023 12:30
$-91.8B
$-87.8B
Thursday 6 July 2023 12:30
-
$-91.3B
Wednesday 28 June 2023 12:30
-
$-91.1B
Wednesday 7 June 2023 12:30
-
$-96.1B
Friday 26 May 2023 12:30
$-85.7B
$-96.8B
Thursday 4 May 2023 12:30
-
$-86.6B
Wednesday 26 April 2023 12:30
$-89B
$-84.6B
Wednesday 5 April 2023 12:30
-
$-93B
Tuesday 28 March 2023 12:30
$-91B
$-91.6B
Wednesday 8 March 2023 13:30
-
$-90.1B
Tuesday 28 February 2023 13:30
-
$-91.5B
Tuesday 7 February 2023 13:30
-
$-90.6B
Thursday 26 January 2023 13:30
-
$-90.3B
Thursday 5 January 2023 13:30
-
$-84.1B
Tuesday 27 December 2022 13:30
-
$-83.3B
Tuesday 6 December 2022 13:30
-
$-98.8B
Wednesday 30 November 2022 13:30
-
$-99B
Thursday 3 November 2022 12:30
-
$-92.7B
Wednesday 26 October 2022 12:30
-
$-92.2B
Wednesday 5 October 2022 12:30
-
$-87.6B
Wednesday 28 September 2022 12:30
-
$-87.3B
Wednesday 7 September 2022 12:30
-
$-91.1B

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Goods Trade Balance result:

PreviousLatest
Michigan Consumer Expectations IndexBearish change57.255.9
Michigan Consumer Sentiment IndexBearish change58.658.2
UoM 1-year Consumer Inflation ExpectationsBearish change4.9%4.8%
UoM 5-year Consumer Inflation ExpectationBearish change3.9%3.5%
Chicago PMIBearish change47.141.5
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change2.8%2.9%
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.3%0.2%
Personal Consumption Expenditures - Price Index (YoY)(no change)2.6%2.6%
Personal Income (MoM)Bullish change0.3%0.4%
Personal SpendingBullish change0.3%0.5%
Pending Home Sales (MoM)Bullish change-0.8%-0.4%
Core Personal Consumption Expenditures (QoQ)(no change)2.5%2.5%
Gross Domestic Product AnnualizedBullish change3%3.3%
Gross Domestic Product Price Index(no change)2%2%
Initial Jobless ClaimsBullish change234K229K
Personal Consumption Expenditures Prices (QoQ)Bearish change2.1%2%
Housing Price Index (MoM)Bearish change-0.1%-0.2%
Durable Goods OrdersBullish change-9.3%-2.8%
Durable Goods Orders ex DefenseBullish change-9.5%-2.5%
Durable Goods Orders ex TransportationBullish change0.3%1.1%
Nondefense Capital Goods Orders ex AircraftBullish change-0.7%1.1%
New Home Sales Change (MoM)Bearish change4.1%-0.6%
Existing Home Sales Change (MoM)Bullish change-2.7%2%
S&P Global Composite PMIBullish change55.155.4
S&P Global Manufacturing PMIBullish change49.853.3
S&P Global Services PMIBearish change55.755.4
Initial Jobless ClaimsBearish change224K235K
Philadelphia Fed Manufacturing SurveyBearish change15.9-0.3
Building Permits (MoM)Bearish change1.393M1.354M
Housing Starts (MoM)Bullish change1.321M1.428M

About Goods Trade Balance

Country:United States
Currency:USD
Source:US Bureau of Economic Analysis
Category:Capital Flows
Frequency:Monthly
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