US Energy Trade Balance and Oil Exports
The dollar value of US energy trade each month since 1974 - petroleum and total energy exports, imports and the balance - set against total merchandise trade, so the energy balance and the non-energy balance add up to the overall goods balance.
| Indicator | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | 07-2023 | 06-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Energy3 | ||||||||||||||||||||||||||||||||||||||
| Energy exports | 35,513 | 42,540 | 41,738 | 32,640 | 25,667 | 25,567 | 26,500 | 24,803 | 24,617 | 24,920 | 24,715 | 24,419 | 24,283 | 23,764 | 24,513 | 26,797 | 24,718 | 26,813 | 26,426 | 26,214 | 25,148 | 24,148 | 26,557 | 27,119 | 26,985 | 26,594 | 25,673 | 27,932 | 26,746 | 25,713 | 29,365 | 26,886 | 28,342 | 28,031 | 28,669 | 25,794 | 23,603 | |
| Energy imports | 21,091 | 21,903 | 20,438 | 18,678 | 16,134 | 16,775 | 17,153 | 14,053 | 15,751 | 16,602 | 17,765 | 18,039 | 16,978 | 17,382 | 17,042 | 17,524 | 17,222 | 20,195 | 18,936 | 17,355 | 18,091 | 18,854 | 20,640 | 23,524 | 21,414 | 23,226 | 21,568 | 19,163 | 17,956 | 20,555 | 20,579 | 21,486 | 21,060 | 21,862 | 22,966 | 20,173 | 19,679 | |
| Energy trade balance | 14,422 | 20,637 | 21,300 | 13,962 | 9,533 | 8,792 | 9,347 | 10,750 | 8,866 | 8,318 | 6,950 | 6,380 | 7,305 | 6,382 | 7,471 | 9,273 | 7,496 | 6,618 | 7,490 | 8,859 | 7,057 | 5,294 | 5,917 | 3,595 | 5,571 | 3,368 | 4,105 | 8,769 | 8,790 | 5,158 | 8,786 | 5,400 | 7,282 | 6,169 | 5,703 | 5,621 | 3,924 | |
| Petroleum3 | ||||||||||||||||||||||||||||||||||||||
| Petroleum exports | 26,644 | 33,673 | 32,145 | 23,515 | 16,400 | 16,794 | 17,763 | 17,126 | 17,337 | 17,758 | 17,447 | 17,053 | 17,371 | 16,522 | 16,373 | 18,100 | 16,964 | 18,801 | 18,840 | 19,414 | 18,608 | 18,093 | 20,474 | 20,924 | 20,639 | 20,567 | 20,102 | 21,336 | 19,586 | 18,736 | 22,118 | 19,815 | 21,195 | 21,696 | 22,326 | 19,685 | 17,629 | |
| Petroleum imports | 20,035 | 21,083 | 19,275 | 17,071 | 13,844 | 14,110 | 15,542 | 12,932 | 14,953 | 15,780 | 16,914 | 17,038 | 16,130 | 16,566 | 16,136 | 16,364 | 15,307 | 17,873 | 17,413 | 16,467 | 17,222 | 18,056 | 19,738 | 22,588 | 20,615 | 22,535 | 20,871 | 18,258 | 16,685 | 18,504 | 19,217 | 20,159 | 19,998 | 20,804 | 21,828 | 19,020 | 18,762 | |
| Petroleum trade balance | 6,609 | 12,590 | 12,870 | 6,444 | 2,556 | 2,684 | 2,221 | 4,194 | 2,384 | 1,978 | 533 | 15 | 1,241 | -44 | 237 | 1,736 | 1,657 | 928 | 1,427 | 2,947 | 1,386 | 37 | 736 | -1,664 | 24 | -1,968 | -769 | 3,078 | 2,901 | 232 | 2,901 | -344 | 1,197 | 892 | 498 | 665 | -1,133 | |
| All merchandise4 | ||||||||||||||||||||||||||||||||||||||
| Merchandise exports | 208,151 | 208,888 | 218,585 | 221,658 | 195,194 | 186,300 | 178,215 | 181,372 | 202,679 | 185,185 | 179,448 | 175,457 | 180,538 | 184,210 | 189,131 | 191,447 | 167,208 | 165,002 | 164,559 | 174,327 | 176,726 | 171,227 | 180,055 | 168,947 | 174,250 | 173,226 | 171,524 | 179,836 | 167,867 | 160,481 | 167,943 | 165,794 | 178,507 | 172,227 | 173,323 | 160,451 | 167,347 | |
| Merchandise imports | 317,408 | 311,964 | 300,255 | 302,401 | 253,620 | 260,593 | 281,971 | 261,025 | 274,999 | 276,807 | 262,590 | 292,133 | 265,407 | 275,791 | 275,683 | 342,286 | 287,815 | 318,004 | 284,789 | 274,286 | 288,850 | 285,715 | 276,927 | 287,728 | 265,671 | 274,767 | 270,765 | 258,840 | 242,028 | 253,527 | 247,012 | 255,425 | 276,193 | 260,837 | 265,544 | 255,322 | 257,207 | |
| Merchandise trade balance | -109,257 | -103,077 | -81,670 | -80,744 | -58,426 | -74,293 | -103,756 | -79,652 | -72,320 | -91,623 | -83,142 | -116,676 | -84,869 | -91,581 | -86,552 | -150,839 | -120,606 | -153,002 | -120,230 | -99,960 | -112,124 | -114,488 | -96,873 | -118,781 | -91,421 | -101,541 | -99,241 | -79,004 | -74,160 | -93,046 | -79,068 | -89,631 | -97,686 | -88,610 | -92,221 | -94,871 | -89,860 | |
| Non-energy trade balance | -123,679 | -123,714 | -102,970 | -94,706 | -67,959 | -83,085 | -113,103 | -90,402 | -81,186 | -99,941 | -90,092 | -123,056 | -92,174 | -97,963 | -94,023 | -160,112 | -128,102 | -159,620 | -127,720 | -108,819 | -119,181 | -119,782 | -102,790 | -122,376 | -96,992 | -104,909 | -103,346 | -87,773 | -82,950 | -98,204 | -87,854 | -95,031 | -104,968 | -94,779 | -97,924 | -100,492 | -93,784 |
Latest reading
The latest reading is 14,422 Million USD, for Jun 2026. That is −6,215 Million USD from May 2026 and +7,117 Million USD from a year earlier. The series on this page is monthly and runs from Jan 1974 to Jun 2026. Source: EIA (U.S. Energy Information Administration) - Monthly Energy Review.
- Latest
- 14,422 Million USD
- Jun 2026
- vs previous period
- −6,215 Million USD
- May 2026
- vs a year earlier
- +7,117 Million USD
About this data
The dollar value of US energy trade each month since 1974 - petroleum and total energy exports, imports and the balance - set against total merchandise trade, so the energy balance and the non-energy balance add up to the overall goods balance. The United States became a net exporter of petroleum by value in 2020, a reversal of half a century of energy deficits that shows up directly in the trade balance. Exports equal imports plus the balance to the dollar for every line. Source: EIA (Monthly Energy Review, table 1.5), based on Census Bureau trade data.
Frequently asked questions
- What does the US energy trade balance measure?
- It measures the value of US energy exports minus energy imports, with petroleum shown separately and set against total merchandise trade and the non-energy trade balance.
- Who publishes this data and how far back does it go?
- The US Energy Information Administration publishes it monthly in the Monthly Energy Review, with series running from January 1974.
- When did the United States become a net energy exporter?
- The energy trade balance turned positive in 2019 for the first time since the 1950s, as shale oil and gas output lifted exports above imports.
- Why is the energy trade balance tracked separately?
- Because energy prices swing far more than other traded goods, so stripping energy out of the total shows how much of a change in the trade deficit is price rather than volume.