GDP & growth · NETEXP

Net exports (GDP)

As of Q2 2026, the net exports (GDP) stood at -$880.3B (billions of dollars), a change of -$59.5B from the quarter before.

Source: U.S. Bureau of Economic Analysis via FRED®. Quarterly data, seasonally adjusted. Latest observation Q2 2026; snapshot taken Oct 27, 2026, 2:15 AM EDT.

Latest (Q2 2026)

-$880.3B

Change from Q1 2026

-$59.5B

A year earlier

-$875.4B

12-month change

-0.6%

-$880.3B Q2 2026 · Billions of dollars

-$1,300B-$1,200B-$1,100B-$1,000B-$900B-$800B20222023202420252026

Billions of dollars. Data from Q1 1947 to Q2 2026 (318 observations).

What it measures

Net exports are exports minus imports of goods and services in the GDP accounts, in current dollars at an annual rate. Net exports have been negative, a trade deficit, in almost every quarter since the early 1980s.

Official title
Net Exports of Goods and Services
Units
Billions of dollars
Frequency and adjustment
Quarterly, seasonally adjusted
Original source
U.S. Bureau of Economic Analysis
Recent values
DateValueChange
Q2 2026-$880.3B-$59.5B
Q1 2026-$820.8B-$8.8B
Q4 2025-$812.0B-$29.0B
Q3 2025-$783.0B+$92.4B
Q2 2025-$875.4B+$339.1B
Q1 2025-$1,214.5B-$270.3B
Q4 2024-$944.2B-$4.6B
Q3 2024-$939.6B-$78.9B
Q2 2024-$860.7B-$79.5B
Q1 2024-$781.2B-$5.3B
Q4 2023-$775.9B-$21.8B
Q3 2023-$754.1B+$13.4B

Related indicators

This page shows public economic data for general information. It is not financial advice and does not predict future values.

Sources

FRED® is a registered trademark of the Federal Reserve Bank of St. Louis. Neither the Federal Reserve Bank of St. Louis nor U.S. Bureau of Economic Analysis endorses OpenEcon.