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C43 · THE GOODS TRADE GAP

Goods trade balance (BOP basis)

-88,576
STALE ROBUST DRS 95 monthly as of 2026-07-01

This tile is stale: the value shown is the last one the source published, never a fabricated current number.

The full history

1992 high -831.00 · low -132,983 · now -88,576 · 3 recessions shaded 2026

How it is read

What it measures
the goods trade gap
Confidence
ROBUST : a primary official series, mechanically reported.
Reliability (DRS)
DRS 95: Balance on goods, balance-of-payments basis, millions of dollars, seasonally adjusted (negative = deficit). A swinging monthly series driven by energy shipments and capital-goods imports; the direction of travel is the story, not any single month's level. Census/BEA-produced.

Where it comes from

FRED ↗ Every number on this site is reproducible from this primary source.

What it read at past stress points

Lehman, Sep 2008 -58,706 ◆ WATCH
Q4-2018 selloff -53,134 ▲ EXTREME
Curve inversion, Aug 2019 -46,610 ◆ WATCH
COVID crash, Mar 2020 -41,407 · CALM