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Monthly Trade Highlights

March 2015 Press Highlights

This page shows the Balance, Exports and Imports for the current month and prior month, along with the percent change and dollar change between the two. The last column of the table shows the last time the percent change (or dollar change) was larger. Some interesting facts about this month's International Trade in Goods and Services report can be found at the bottom of the page.

Goods and Services on a Balance of Payments (BOP) Basis, seasonally adjusted - series began with January 1992 statistics.

All Values in billions of dollars

Percent Change from Prior Month

  March 2015 (Billions of $) February 2015 (Billions of $) Percent Change from Prior Month Last time the Increase/Decrease in Percent Change was larger/When it Occured
Goods and Services
Balance -$51.4
-$35.9 43.1% 44.1% November 1996 - December 1996
Exports $187.8 $186.2 0.9% 1.8% September 2014 - October 2014
Imports $239.2 $222.1 7.7% NA Largest increase on record
Goods (BOP Basis)
Balance

-$70.6

-$55.7 26.7% 27.1% January 1994 - February 1994
Exports $127.1 $125.6 1.2%

1.9% September 2014 - October 2014

Imports $197.6 $181.3 9.0% NA Largest increase on record

 

Dollar Change From Prior Month

  March 2015 (Billions of $) February 2015 (Billions of $) Dollar Change From Prior Month Last time the Increase/Decrease in Dollar Change was larger/When it Occured
Goods and Services
Balance -$51.4
-$35.9 -$15.5

NA Largest decrease on record

Exports $187.8 $186.2 $1.6 $3.5 September 2014 - October 2014
Imports $239.2 $222.1

$17.1

NA Largest increase on record
Goods (BOP Basis)
Balance

-$70.6

-$55.7 -$14.9 NA Largest decrease on record
Exports $127.1 $125.6 $1.5 $2.6 September 2014 - October 2014
Imports $197.6 $181.3 $16.4 NA Largest increase on record

  • The March goods and services deficit ($51.4 billion) was the highest since October 2008 ($60.2 billion). The March goods deficit ($70.6 billion) was the highest since August 2008 ($71.5 billion).
  • March imports of services ($41.6 billion) were the highest on record.

Goods on a Census Basis (seasonally adjusted)

Balance

  • The March goods deficit ($69.8 billion) was the highest since August 2008 ($70.0 billion).
  • The March petroleum deficit ($7.7 billion) was the lowest since June 2002 ($7.5 billion).

Exports

  • March petroleum exports ($7.7 billion) were the lowest since February 2011 ($7.6 billion).

Imports

  • March imports of foods, feeds, and beverages ($11.0 billion) were the highest on record.
  • March imports of industrial supplies and materials ($42.6 billion) were the lowest since October 2009 ($42.2 billion).
  • March imports of capital goods ($52.0 billion) were the highest on record.
  • March imports of consumer goods ($54.2 billion) were the highest on record.
  • March non-petroleum imports ($180.4 billion) were the highest on record.
  • March petroleum imports ($15.4 billion) were the lowest since September 2004 ($14.9 billion).

Real Dollar Basis (Chained 2009 Dollars, seasonally adjusted)

  • March real dollar imports ($186.0 billion) were the highest on record.

Country and Other Highlights (Census Basis, not seasonally adjusted)

  • March imports from NICs ($12.7 billion) were the highest on record.
  • The March surplus with OPEC ($1.2 billion) was the highest on record.
  • March exports to Germany ($4.7 billion) were the highest since October 2008 ($4.8 billion).
  • March exports to Brazil ($2.80 billion) were the lowest since April 2010 ($2.76 billion).
  • The March deficit with Japan ($7.1 billion) was the highest since March 2012 ($7.2 billion).
  • The March import average price per barrel of crude oil ($46.47) was the lowest since March 2009 ($41.28).







March 2015
Trade Numbers

Deficit: $51.4 Billion
Exports: $187.8 Billion
Imports: $239.2 Billion

Next release: June 3, 2015
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Source: U.S. Census Bureau | Economic Indicators Division | ftdwebmaster@census.gov |  Last Revised: April 03, 2015