📈 From Decades of Fuels as the Main Source of Trade Deficit to Trade Surplus Since 2019

For decades, fossil fuels and products—primarily crude oil—were the main contributor to the U.S. trade deficit, averaging one-third of the total trade deficit in the 1990s and 2000s. Since 2019, fossil fuels' share of the trade deficit has dropped to zero, contributing to a trade surplus.