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United States Trade Balance 1970s

External balance on goods and services · World Bank
$-5.2B decade average (1970-1979)

United States's trade balance during the 1970s ranged from $-25.4B (1978) to $16.0B (1975), averaging $-5.2B over 10 years of data.

1970s Data
YearValueChangeRank
1970 $3.9B 97th
1971 $621.0M −$3.3B 88th
1972 $-3.4B −$4.0B 2nd
1973 $4.1B +$7.5B 97th
1974 $-815.0M −$4.9B 24th
1975 $16.0B +$16.8B 101st
1976 $-1.6B −$17.6B 16th
1977 $-23.1B −$21.5B 1st
1978 $-25.4B −$2.3B 1st
1979 $-22.5B +$2.8B 2nd