Figure A

Growing U.S. goods trade deficits, 1997–2020

U.S. goods trade deficit Manufacturing trade deficit
1997 $198.43 $130.69
1998 $248.22 $186.55
1999 $337.07 $259.03
2000 $446.78 $317.24
2001 $422.37 $304.11
2002 $475.25 $362.64
2003 $541.64 $403.09
2004 $664.77 $487.44
2005 $782.80 $541.40
2006 $837.29 $558.54
2007 $821.20 $532.08
2008 $832.49 $456.07
2009 $509.69 $319.29
2010 $648.67 $412.65
2011 $741.00 $440.55
2012 $741.12 $467.74
2013 $700.54 $458.81
2014 $749.92 $526.90
2015 $761.87 $629.78
2016 $749.80 $647.32
2017 $799.34 $695.52
2018 $880.30 $779.48
2019 $864.33 $793.36
2020 $915.80 $897.71
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Source: EPI analysis of Census Bureau and the USITC trade data.

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