📈 U.S. Trade Deficit by Region: Asia Leads as China’s Share Falls
In 2025, the U.S. goods trade deficit reached $1.24 trillion, with Asia accounting for $817 billion (66.4%). Within Asia, China contributed $202 billion (16.4%), while the rest of Asia totaled $615 billion (50.0%), surpassing China as the largest regional contributor.
Other key contributors included the European Union ($219 billion, 17.8%), Mexico ($197 billion, 16.0%), and Canada ($46 billion, 3.8%).
From 2018 to 2025, China’s share of the U.S. trade deficit dropped from 48.1% to 16.4%, while the rest of Asia’s share more than doubled from 23.2% to 50.0%. Although Asia has long dominated the deficit, the data highlights a structural shift in trade imbalances, with China’s declining role offset by growing trade with other Asian economies.
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