The Goods Trade Balance represents the difference between the value of a country's exported goods and its imported goods over a specific period. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. This indicator focuses exclusively on physical merchandise and excludes services, providing a clear view of the industrial trade health.
It is calculated by subtracting the total value of imported physical goods from the total value of exported physical goods. The data is sourced from customs records and is often reported on a seasonally adjusted basis.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 11, 2026 | — | -22.00 | — |
| Aug 13, 2026 | -23.01 | -20.50 | -2.51 |
| Jul 16, 2026 | -18.66 | -23.60 | +4.94 |
| Jun 12, 2026 | -24.58 | -22.50 | -2.08 |
| May 14, 2026 | -27.22 | -20.00 | -7.22 |
| Apr 16, 2026 | -22.80 | -20.20 | -2.60 |
| Mar 13, 2026 | -14.45 | -22.20 | +7.75 |
| Feb 12, 2026 | -22.72 | -22.70 | -0.02 |
| Jan 15, 2026 | -23.71 | -20.40 | -3.31 |
| Dec 12, 2025 | -22.54 | -19.30 | -3.24 |
| Nov 13, 2025 | -18.88 | -20.80 | +1.92 |
| Oct 16, 2025 | -21.18 | -22.00 | +0.82 |
| Sep 12, 2025 | -22.24 | -21.75 | -0.49 |
| Aug 14, 2025 | -22.16 | -19.40 | -2.76 |
| Jul 11, 2025 | -21.69 | -21.50 | -0.19 |
| Jun 12, 2025 | -23.21 | -20.50 | -2.71 |
| May 15, 2025 | -19.87 | -19.40 | -0.47 |
| Apr 11, 2025 | -20.81 | -17.60 | -3.21 |
| Mar 28, 2025 | -17.85 | -16.80 | -1.05 |
| Feb 13, 2025 | -17.45 | -18.40 | +0.95 |
| Jan 16, 2025 | -19.31 | -17.90 | -1.41 |
| Dec 13, 2024 | -18.97 | -15.50 | -3.47 |
| Nov 15, 2024 | -16.32 | -16.20 | -0.12 |
| Oct 11, 2024 | -15.06 | -19.30 | +4.24 |
| Sep 11, 2024 | -20.00 | -18.10 | -1.90 |
| Aug 15, 2024 | -18.89 | -16.00 | -2.89 |
| Jul 11, 2024 | -17.92 | -16.10 | -1.82 |
| Jun 12, 2024 | -19.61 | -14.20 | -5.41 |
| May 10, 2024 | -13.97 | -14.40 | +0.43 |
| Apr 12, 2024 | -14.21 | -14.50 | +0.29 |
| Mar 13, 2024 | -14.52 | -15.00 | +0.48 |
| Feb 15, 2024 | -13.99 | -14.90 | +0.91 |
| Jan 12, 2024 | -14.19 | -15.70 | +1.51 |
| Dec 13, 2023 | -17.03 | -14.30 | -2.73 |
| Nov 10, 2023 | -14.29 | -15.30 | +1.01 |
| Oct 12, 2023 | -15.95 | -14.70 | -1.25 |
| Sep 13, 2023 | -14.06 | -16.00 | +1.94 |
| Aug 11, 2023 | -15.46 | -16.40 | +0.94 |
| Jul 13, 2023 | -18.72 | -14.70 | -4.02 |
| Jun 14, 2023 | -15.00 | -16.50 | +1.50 |
| May 12, 2023 | -16.36 | -17.50 | +1.14 |
| Apr 13, 2023 | -17.53 | -17.00 | -0.53 |
| Mar 10, 2023 | -17.86 | -17.75 | -0.11 |
| Feb 10, 2023 | -19.27 | -16.40 | -2.87 |
| Jan 13, 2023 | -15.62 | -14.90 | -0.72 |
| Dec 12, 2022 | -14.48 | -15.65 | +1.17 |
| Nov 11, 2022 | -15.66 | -18.75 | +3.09 |
| Oct 12, 2022 | -19.26 | -20.40 | +1.14 |
| Sep 12, 2022 | -19.36 | -22.40 | +3.04 |
| Aug 12, 2022 | -22.85 | -22.30 | -0.55 |
| Jul 13, 2022 | -21.45 | -21.20 | -0.25 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 16, 2026 | -18.7 | -18.7 | 0 ↓ |
| Jun 12, 2026 | -26.1 | -24.6 | +1.47 ↑ |
| Apr 16, 2026 | -18.8 | -22.8 | -4.01 ↓ |
