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Balance of Trade fell to -450.7 in March 2026, down 42.9 from February's -407.8 reading. The reading matched the -470 consensus. Balance of Trade has now declined for 3 consecutive months. Over the past 3 months, Balance of Trade averaged -396.73, vs -463.2 in the prior 3-month window. The reading is in the 15th percentile of the trailing 24-month range.
The April 2026 reading fell from the previous value of -407.8. Historically, this indicator is positively correlated with USD/JPY (Bullish USD) and negatively correlated with XAU/USD (Bearish XAU).
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