The Trade Balance represents the difference between the value of a country's exported and imported goods and services. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. It is a major component of the Current Account and directly impacts the calculation of the Gross Domestic Product (GDP).
The data is compiled by the Census Bureau and the Bureau of Economic Analysis using customs documentation for goods and survey data for services.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jun 13, 2024 | 650.00 | — | — |
