Trade Balance: Goods and Services, Balance of Payments Basis
US goods and services exports minus imports on a balance-of-payments basis, seasonally adjusted. It is not the goods-only balance.
-105572.00
Millions of Dollars
Trade Balance: Goods and Services, Balance of Payments Basis — latest reading: -105572.00 millions of dollars. As of August 2026, it is down 77.0% over the past 12 months, well below its 10-year average. Source: BOPGSTB, US Census Bureau, published monthly. Reported as published, without transformation; the publisher may revise it. Lower than all but 3 of 416 readings since 1992-01-01. Last at or below this level on 2025-03-01.
Min
-132983.00
Max
-831.00
Average
-40288.07
10Y Percentile
3%
3M Change
-39.4%
Trade Balance: Goods and Services, Balance of Payments Basis (BOPGSTB) — 416 observations from 1992-01-01 to 2026-08-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.
Compare Trade Balance: Goods and Services, Balance of Payments Basis with other indicators →
How these numbers changed
Every figure above is the current one. These are the same periods as first published — what Trade Balance: Goods and Services, Balance of Payments Basis said on the day, before it was restated. Measured in Millions of Dollars.
| Period | First print | Now | Change | Republished |
|---|---|---|---|---|
| Jul 2026 | -88576 | -92826 | -4250 | 1× |
| Jun 2026 | -73261 | -71182 | +2079 | 1× |
| May 2026 | -77585 | -75752 | +1833 | 2× |
| Apr 2026 | -55881 | -52883 | +2998 | 2× |
| Mar 2026 | -60307 | -53657 | +6650 | 2× |
| Feb 2026 | -57347 | -52500 | +4847 | 3× |
| Jan 2026 | -54455 | -52670 | +1785 | 3× |
| Dec 2025 | -70311 | -76078 | -5767 | 2× |
| Nov 2025 | -56825 | -63868 | -7043 | 3× |
| Oct 2025 | -29350 | -37376 | -8026 | 4× |
| Sep 2025 | -52828 | -59392 | -6564 | 4× |
Trade Balance: Goods and Services, Balance of Payments Basis for July 2026 first printed at -88576 on September 3, 2026, was revised once, and now reads down to -92826. Recompute any row from FRED's own vintage archive.
Macro Regime Context
The growth regime is currently late cycle (71% confidence).
See what this means across all four regime dimensions →3-Month
-39.4%
6-Month
-101.1%
12-Month
-77.0%
What this means
Trade Balance: Goods and Services, Balance of Payments Basis is currently at -105572.00 millions of dollars, which is well below its 10-year historical average. The trend is decreasing (-39.4% over the past 3 months).
Over the past 6 months the change is -101.1%, and over 12 months it is -77.0%. The short-term pace is consistent with the longer trend.
Cite this page
MacroRadar, "Trade Balance: Goods and Services, Balance of Payments Basis," https://www.macroradar.io/trade-balance-goods-and-services-balance-of-payments-basis (as of August 2026).