U.S. Trade Deficit by Region: Asia Leads, China’s Share Falls

In the 12 months ending Q2 2025, the U.S. goods trade deficit totaled $1,353 billion. Asia remained the largest contributor with $816 billion (60%) — $280 billion from China (21%) and $536 billion from the rest of Asia (40%), surpassing China. The European Union added $273 billion (20%), Mexico $185 billion (14%), and Canada $60 billion (5%).

Historically, Asia has been the dominant contributor, averaging a 65% share of the U.S. goods deficit from 1990 to 2025. China overtook the rest of Asia in 2006, reaching 48% of the deficit by 2018, but its share fell sharply after the U.S.–China trade war, reaching 25% by 2024, while the rest of Asia climbed to 38%.