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.

Next event - Friday 28 February 2025 13:30

Previous
$-123B
Forecast
$-114.7B
Actual
-

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

The consensus forecast for Goods Trade Balance is $-114.7B. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Most recent - Wednesday 5 February 2025 13:30

Previous
$-122.1B
Revised
-
Forecast
-
Actual
$-123B

Trading range

Forecast history

The most recent announced value for Goods Trade Balance was $-123B.

Past events

Date
Forecast
Actual
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
Friday 26 August 2022 12:30
-
$-89.1B
Thursday 4 August 2022 12:30
-
$-99.5B
Wednesday 27 July 2022 12:30
-
$-98.2B
Thursday 7 July 2022 12:30
-
$-105B
Tuesday 28 June 2022 12:30
-
$-104.3B
Tuesday 7 June 2022 12:30
-
$-107.7B
Friday 27 May 2022 12:30
-
$-105.9B
Wednesday 4 May 2022 12:30
-
$-128.1B
Wednesday 27 April 2022 12:30
-
$-125.3B
Tuesday 5 April 2022 12:30
-
$-107.5B
Monday 28 March 2022 12:30
-
$-106.6B
Tuesday 8 March 2022 13:30
-
$-108.9B

Economic context

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

PreviousLatest
Pending Home Sales (MoM)Bearish change-4.1%-4.6%
Core Personal Consumption Expenditures (QoQ)Bullish change2.5%2.7%
Durable Goods OrdersBullish change-1.8%3.1%
Durable Goods Orders ex DefenseBullish change-1.8%3.5%
Durable Goods Orders ex TransportationBearish change0.1%0%
Gross Domestic Product Annualized(no change)2.3%2.3%
Gross Domestic Product Price IndexBullish change2.2%2.4%
Initial Jobless ClaimsBearish change220K242K
Nondefense Capital Goods Orders ex AircraftBullish change0.4%0.8%
Personal Consumption Expenditures Prices (QoQ)Bullish change2.3%2.4%
New Home Sales Change (MoM)Bearish change8.1%-10.5%
Housing Price Index (MoM)(no change)0.4%0.4%
Existing Home Sales Change (MoM)Bearish change2.9%-4.9%
Michigan Consumer Sentiment IndexBearish change67.864.7
UoM 5-year Consumer Inflation ExpectationBullish change3.3%3.5%
S&P Global Composite PMIBearish change52.750.4
S&P Global Manufacturing PMIBullish change51.251.6
S&P Global Services PMIBearish change52.949.7
Initial Jobless ClaimsBearish change214K219K
Philadelphia Fed Manufacturing SurveyBearish change44.318.1
Building Permits (MoM)Bullish change1.482M1.483M
Housing Starts (MoM)Bearish change1.515M1.366M
NY Empire State Manufacturing IndexBullish change-12.65.7
Industrial Production (MoM)Bearish change1%0.5%
Retail Sales (MoM)Bearish change0.7%-0.9%
Retail Sales Control GroupBearish change0.8%-0.8%
Retail Sales ex Autos (MoM)Bearish change0.7%-0.4%

About Goods Trade Balance

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