Trade Balance
-$0.87T
· Apr 2026
econ
scout
1948-49 Recession · Nov 1948 – Oct 1949
1953-54 Recession · Jul 1953 – May 1954
1957-58 Recession · Aug 1957 – Apr 1958
1960-61 Recession · Apr 1960 – Feb 1961
1969-70 Recession · Dec 1969 – Nov 1970
1973-75 Recession · Nov 1973 – Mar 1975
1980 Recession · Jan 1980 – Jul 1980
1981-82 Recession · Jul 1981 – Nov 1982
1990-91 Recession · Jul 1990 – Mar 1991
2001 Recession · Mar 2001 – Nov 2001
Global Financial Crisis · Dec 2007 – Jun 2009
COVID-19 Recession · Feb 2020 – Apr 2020
-$1.2T
-$1.0T
-$0.8T
-$0.6T
-$0.4T
-$0.2T
$0.0T
1950
1960
1970
1980
1990
2000
2010
2020
-$0.87T
Trade Balance — one value per year; US recessions are shaded on the chart.
Year
Trade Balance
1947
+$0.01T
1948
+$0.00T
1949
+$0.00T
1950
-$0.00T
1951
+$0.00T
1952
-$0.00T
1953
-$0.00T
1954
+$0.00T
1955
+$0.00T
1956
+$0.00T
1957
+$0.00T
1958
-$0.00T
1959
+$0.00T
1960
+$0.01T
1961
+$0.00T
1962
+$0.00T
1963
+$0.01T
1964
+$0.01T
1965
+$0.01T
1966
+$0.00T
1967
+$0.00T
1968
+$0.00T
1969
+$0.00T
1970
+$0.00T
1971
-$0.00T
1972
-$0.00T
1973
+$0.01T
1974
+$0.00T
1975
+$0.01T
1976
-$0.01T
1977
-$0.03T
1978
-$0.02T
1979
-$0.03T
1980
-$0.01T
1981
-$0.01T
1982
-$0.03T
1983
-$0.07T
1984
-$0.11T
1985
-$0.13T
1986
-$0.13T
1987
-$0.15T
1988
-$0.11T
1989
-$0.08T
1990
-$0.08T
1991
-$0.02T
1992
-$0.05T
1993
-$0.07T
1994
-$0.10T
1995
-$0.07T
1996
-$0.09T
1997
-$0.12T
1998
-$0.18T
1999
-$0.30T
2000
-$0.41T
2001
-$0.37T
2002
-$0.50T
2003
-$0.52T
2004
-$0.70T
2005
-$0.80T
2006
-$0.74T
2007
-$0.73T
2008
-$0.63T
2009
-$0.47T
2010
-$0.52T
2011
-$0.60T
2012
-$0.52T
2013
-$0.43T
2014
-$0.53T
2015
-$0.52T
2016
-$0.53T
2017
-$0.55T
2018
-$0.63T
2019
-$0.51T
2020
-$0.76T
2021
-$0.91T
2022
-$0.85T
2023
-$0.79T
2024
-$0.94T
2025
-$0.78T
2026
-$0.87T
Source: FRED · NETEXP · econscout.com