Where Data Tells the Story
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The United States recorded a goods trade deficit of $1.24 trillion in 2025, the highest on record, according to the Census Bureau and the Bureau of Economic Analysis.
A trade deficit means America is buying more goods from the rest of the world than it is selling back. At $1.24 trillion, up 2.1% from 2024, the gap has never been wider.
Today’s map infographic shows U.S. Trade Balance by Country, based on data from the Observatory of Economic Complexity (OEC) as of 2024.
As you can see in the visualization, red indicates a country sells more to America than it buys from America. Canada, China, Vietnam, Germany, Japan, South Korea, and India are all red. Most of Europe and Asia are also red.
The United States is running trade deficits with virtually every major region of the world simultaneously.
Vietnam was not in this position ten years ago.
It got there because of the first round of Trump tariffs on Chinese goods in 2018 and 2019.
As those tariffs made Chinese manufacturing more expensive for American importers, factories shifted production to Vietnam, Bangladesh, and other lower-cost alternatives.