📈 U.S. Goods and Services Trade 2024: $3,192B Exports, $4,110B Imports, $918B Deficit

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.