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.
-73261.00
Millions of Dollars
Trade Balance: Goods and Services, Balance of Payments Basis — latest reading: -73261.00 millions of dollars. As of June 2026, it is down 24.8% 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 21 of 414 readings since 1992-01-01. Last at or below this level on 2026-05-01.
Min
-132983.00
Max
-831.00
Average
-40033.87
10Y Percentile
18%
3M Change
-29.5%
Trade Balance: Goods and Services, Balance of Payments Basis (BOPGSTB) — 414 observations from 1992-01-01 to 2026-06-01. 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 |
|---|---|---|---|---|
| May 2026 | -77585 | -77647 | -62 | 1× |
| Apr 2026 | -55881 | -54570 | +1311 | 1× |
| Mar 2026 | -60307 | -56585 | +3722 | 1× |
| Feb 2026 | -57347 | -54980 | +2367 | 2× |
| Jan 2026 | -54455 | -54185 | +270 | 2× |
| Dec 2025 | -70311 | -76078 | -5767 | 2× |
| Nov 2025 | -56825 | -63868 | -7043 | 3× |
| Oct 2025 | -29350 | -37376 | -8026 | 4× |
| Sep 2025 | -52828 | -59392 | -6564 | 4× |
| Aug 2025 | -59550 | -59642 | -92 | 5× |
| Jul 2025 | -78311 | -75062 | +3249 | 6× |
Trade Balance: Goods and Services, Balance of Payments Basis for May 2026 first printed at -77585 on July 7, 2026, was revised once, and now reads down to -77647. Recompute any row from FRED's own vintage archive.
Macro Regime Context
The growth regime is currently late cycle (67% confidence).
See what this means across all four regime dimensions →3-Month
-29.5%
6-Month
+3.7%
12-Month
-24.8%
What this means
Trade Balance: Goods and Services, Balance of Payments Basis is currently at -73261.00 millions of dollars, which is well below its 10-year historical average. The trend is decreasing (-29.5% over the past 3 months).
Over the past 6 months the change is +3.7%, and over 12 months it is -24.8%. The short-term move is accelerating relative to 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 June 2026).