Last year, the United States maintained a negative trade balance with more than two-thirds of its partners. The gap between imports and exports widened most significantly in trade with Taiwan, Vietnam, and Thailand. These findings follow from U.S. customs statistics.

In 2025, the United States had a trade deficit with 97 jurisdictions, compared to 103 the year before. Taiwan experienced the most significant increase: the deficit increased by $73.1 billion to $146.8 billion. The deficit with Vietnam increased by $54.7 billion to $178.2 billion, and with Thailand by $26.4 billion to $71.9 billion.

Significant gaps were also recorded in trade with Mexico (up $25.4 billion to $196.9 billion) and India (up $12.4 billion to $58.2 billion). Malaysia, the Philippines, Cambodia, and Kazakhstan were also among the countries where the deficit increased most significantly.

At the same time, the trade deficit narrowed in a number of areas. The most significant decline occurred in trade with China, down $93.4 billion to $202.1 billion. The gap with the European Union also narrowed, by $17.1 billion, as did the gap with South Korea (down $9.6 billion), Canada (down $8.8 billion), and Japan (down $5.5 billion). Switzerland, Iraq, Venezuela, Pakistan, and Israel were also among the countries where the deficit narrowed.

Conversely, the US trade deficit with Russia increased to $3.2 billion from $2.48 billion the year before. Overall, US imports for the year amounted to $3.42 trillion (up 4.6%), while exports amounted to $2.18 trillion (up 5.7%). The overall trade deficit reached $1.24 trillion, up about 3% from the previous year.