The US Trade Deficit has grown from -3.95B in 1970 to
-951.18B in 2022. It is approaching $1 trillion per year.
Year Deficit
B Imports Exports
2023
2022 -951.188B
3969643 3018455
2021 -841.573B 3408600
2567024
2020 -627.50B
2019 -578.79B
2018 -593.08B
2017 -536.73B
2016 -506.25B
2015 -526.20B
2014 -510.04B
2013 -479.39B
2012 -551.62B
2011 -579.62B
2010 -532.31B
2009 -419.15B
2008 -740.87B
2007 -735.93B
2006 -786.45B
2005 -739.90B
2004 -634.14B
2003 -521.96B
2002 -439.75B
2001 -376.75B
2000 -381.07B
1999 -259.55B
1998 -162.71B
1997 -101.97B
1996 -96.38B
1995 -89.76B
1994 -92.49B
1993 -65.18B
1992 -34.74B
1991 -28.61B
1990 -77.82B
1989 -86.74B
1988 -109.39B
1987 -144.77B
1986 -131.87B
1985 -114.02B
1984 -102.73B
1983 -51.64B
1982 -19.97B
1981 -12.52B
1980 -13.05B
1979 -22.55B
1978 -25.37B
1977 -23.09B
1976 -1.63B
1975 -15.98B
1974 -0.82B
1973 -4.11B
1972 -3.37B
1971 -0.62B
1970 -3.95B
Comments
The US Trade Deficit needs to be reduced by re-shoring US manufacturing especially in pharma, electronics and mining rare earth minerals. The US needs to become energy independent again and return manufacturing to US rural cities.
Norb Leahy, Dunwoody GA Tea
Party Leader
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