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Real net exports of goods and services (chained 2017 USD million) - United States - BEA - Quarterly

Latest updates. In the United States, real net exports were -1,058 USD billion (2017; annual rate) in 2025-Q2, versus -1,381 in 2025-Q1.

Sample. In this quarterly series, there are 222 records in total. The series covers the time period stretching from March 1970 to June 2025.

History. Here's a peek at some simple statistics we calculated on the entire sample: real net exports had an average value of -314 billion US dollars (2017; annual rate); they recorded a minimum of -1,381 in March 2025; they recorded their maximum of 50 in September 1980.

Latest values

Date Value - Chained 2017 US dollars (USD) million
2024-12-31 -1068994.0
2025-03-31 -1380718.0
2025-06-30 -1058037.0

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Series Metadata

Field Value
Description Real net exports of goods and services
Country United States
Economic concept Flow
Data type Real aggregate
Deflation method Constant prices
Seasonally adjusted Yes
Rescaling Annual rate
Frequency Quarterly
Unit Chained 2017 US dollars (USD) million
Source Bureau of Economic Analysis (BEA)
Source type National statistical agency
Data licence Open Data
Measure type Level

Series in the same data set

Discover the other time series included in this data set.

Real GDP

Series Name Observations Start Date End Date
Real gross domestic product (GDP) (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

Main GDP components

Series Name Observations Start Date End Date
Real personal consumption expenditures (PCE) (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Real gross private domestic investment (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Real net exports of goods and services (chained 2017 USD million) - United States - BEA - Quarterly 222 1970-03-31 2025-06-30
Real government consumption expenditures and gross investment (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

PCE components

Series Name Observations Start Date End Date
Real personal consumption expenditures (PCE): Goods (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real personal consumption expenditures (PCE): Goods: Durable goods (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real personal consumption expenditures (PCE): Goods: Nondurable goods (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real personal consumption expenditures (PCE): Services (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30

Investment components

Series Name Observations Start Date End Date
Real gross private domestic investment: Fixed investment (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real gross private domestic investment: Fixed investment: Nonresidential (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real gross private domestic investment: Fixed investment: Nonresidential: Structures (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real gross private domestic investment: Fixed investment: Nonresidential: Equipment (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real gross private domestic investment: Fixed investment: Nonresidential: Intellectual property products (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real gross private domestic investment: Fixed investment: Residential (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real gross private domestic investment: Change in private inventories (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

Net exports components

Series Name Observations Start Date End Date
Real exports (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Real exports: Goods (chained 2017 USD million) - United States - BEA - Quarterly 222 1970-03-31 2025-06-30
Real exports: Services (chained 2017 USD million) - United States - BEA - Quarterly 222 1970-03-31 2025-06-30
Real imports (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Real imports: Goods (chained 2017 USD million) - United States - BEA - Quarterly 222 1970-03-31 2025-06-30
Real imports: Services (chained 2017 USD million) - United States - BEA - Quarterly 222 1970-03-31 2025-06-30

Government spending components

Series Name Observations Start Date End Date
Real government consumption expenditures and gross investment: Federal (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real government consumption expenditures and gross investment: Federal: National defense (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real government consumption expenditures and gross investment: Federal: Nondefense (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real government consumption expenditures and gross investment: State and local (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30

Residual

Series Name Observations Start Date End Date
Difference between real GDP and the sum of its components due to price chaining (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30