Where Data Tells the Story
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In 2024, total U.S. trade in goods and services reached $7.3 trillion, with exports rising to $3.2 trillion (up 3.9% YoY) and imports increasing to $4.1 trillion (up 6.6% YoY). The trade deficit expanded by 17.0% YoY to $918 billion. Goods trade made up 74% of total U.S. trade.