Soaring U.S. goods trade deficits reached $1.1 trillion in 2021, 1997–2021
U.S. goods trade deficit | Manufacturing trade deficit | |
---|---|---|
1997 | $198.4 | $130.7 |
1998 | $248.2 | $186.5 |
1999 | $337.1 | $259.0 |
2000 | $446.8 | $317.2 |
2001 | $422.4 | $304.1 |
2002 | $475.20 | $362.6 |
2003 | $541.60 | $403.1 |
2004 | $664.80 | $487.4 |
2005 | $782.80 | $541.4 |
2006 | $837.30 | $558.5 |
2007 | $821.20 | $532.1 |
2008 | $832.50 | $456.1 |
2009 | $509.70 | $319.3 |
2010 | $648.70 | $412.6 |
2011 | $741.00 | $440.5 |
2012 | $741.10 | $467.7 |
2013 | $700.50 | $458.8 |
2014 | $749.90 | $526.9 |
2015 | $761.90 | $629.8 |
2016 | $749.80 | $647.3 |
2017 | $799.30 | $695.5 |
2018 | $878.70 | $777.4 |
2019 | $861.50 | $789.4 |
2020 | $922.00 | $900.1 |
2021 | $1,090.70 | $1,066.3 |
Source: EPI analysis of Census Bureau and the USITC trade data.