Low Impact
EconomicEvery month

Trade Balance

Monthly import/export data showing US trade with the world.

Quick Answer

The Trade Balance measures the difference between US exports and imports. A deficit means we import more than we export. While politically significant, trade data rarely moves markets significantly unless it shows dramatic shifts.

On This Page

Overview

The Trade Balance measures the difference between US exports and imports. A deficit means we import more than we export. While politically significant, trade data rarely moves markets significantly unless it shows dramatic shifts.

What It Is

The Trade Balance shows how much we sell to other countries versus how much we buy from them. The US has run a trade deficit (imports > exports) for decades, meaning dollars flow out to pay for foreign goods.

Timing & Schedule

Typical Time

8:30 AM ET

Schedule Notes

Released around the first week of each month for data two months prior.

Typical Schedule

J
F
M
A
M
J
J
A
S
O
N
D

Every month

Key Metrics to Watch

1
Trade Balance (deficit/surplus)
2
Exports Value
3
Imports Value
4
Goods vs Services Balance

Trading Strategies

Common Mistakes to Avoid

Overtrading trade data

Why It Happens

How to Avoid

Be aware and plan accordingly

Historical Examples

Mar 8, 2023

Trade deficit hit record high as imports surged.

Trade deficit hit record high as imports surged.

Market Reaction:

Preparation Checklist

  • Generally safe to ignore unless massive surprise