The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.
<--- Return to Archive
For additional information relating to this article, please contact:
June 24, 2025US CURRENT ACCOUNT Q1 2025 
The US current account deficit widened by $138.2 billion from Q4 2024 to Q1 2025, declining to $450.2 billion
- the US deficit in goods trade widened by $137.1 billion to $466.0 billion,
- the US surplus in services trade narrowed by $2.6 billion to $75.4 billion,
- the US primary income changed from a surplus to a deficit of $7.6 billion,
- the US deficit in secondary income flows narrowed by $10.7 billion to $52.0 billion.
In Q1 2025, US goods exports increased by $21.1 billion to $539.0 billion, while US goods imports increased by $158.2 billion to $1.0 trillion.
In Q1 2025, US services exports decreased $4.4 billion to $293.2 billion, while services imports decreased $1.8 billion to $217.8 billion.
In Q1 2025, US primary income receipts decreased $22.9 billion to $355.1 billion, while primary income payments decreased $13.7 billion to $362.7 billion.
In Q1 2025, US secondary income receipts increased $2.3 billion to $49.6 billion while US secondary income payments decreased $8.4 billion to $101.5 billion.
Source: US Bureau of Economic Analysis retrieved from the Federal Bank of St. Louis
<--- Return to Archive
