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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 stood at -1,058 billion US dollars (2017; annual rate) in 2025-Q2, versus -1,381 in 2025-Q1.

Sample. There are 222 observations overall in the quarterly time series displayed in the plot above. The series covers the period stretching from March 1970 to June 2025.

History. Have a look at some simple statistics we computed on the whole sample: real net exports recorded their maximum of 50 billion US dollars (2017; annual rate) in September 1980; they reached their lowest level of -1,381 in March 2025; they had an average value of -314.

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