Table 1.2. U.S. International Transactions, Expanded Detail

Quarterly, Not Seasonally Adjusted

			Millions of Dollars
	Line	Name	Q4 2025	Q3 2025	Q4 2024
		Current account
	line 1	Exports of goods and services and income receipts (credits)	1,345,883	1,300,137	1,255,386
	line 2	Exports of goods and services	894,887	862,902	830,432
	line 3	Goods	568,007	545,178	522,004
	line 4	General merchandise	530,492	524,395	511,063
	line 5	Foods, feeds, and beverages	43,921	38,785	47,860
	line 6	Industrial supplies and materials	176,240	173,010	174,224
	line 7	Capital goods except automotive	183,914	183,293	164,446
	line 8	Automotive vehicles, parts, and engines	37,159	39,784	40,590
	line 9	Consumer goods except food and automotive	66,811	68,405	62,215
	line 10	Other general merchandise	22,446	21,119	21,729
	line 11	Net exports of goods under merchanting	160	199	253
	line 12	Nonmonetary gold	37,356	20,584	10,687
	line 13	Services	326,879	317,724	308,429
	line 14	Maintenance and repair services n.i.e.	11,183	11,067	9,492
	line 15	Transport	26,302	27,493	26,549
	line 16	Travel (for all purposes including education)	53,588	58,414	55,269
	line 17	Insurance services	8,310	8,105	7,475
	line 18	Financial services	58,691	53,826	51,400
	line 19	Charges for the use of intellectual property n.i.e.	49,469	48,644	47,214
	line 20	Telecommunications, computer, and information services	29,240	24,910	24,459
	line 21	Other business services	79,193	71,921	71,509
	line 22	Government goods and services n.i.e.	5,070	6,890	9,422
	line 23	Primary income receipts	405,648	392,614	377,746
	line 24	Investment income	403,383	390,362	375,575
	line 25	Direct investment income	196,175	180,802	175,644
	line 26	Portfolio investment income	138,120	138,740	131,914
	line 27	Other investment income	67,604	68,986	66,301
	line 28	Reserve asset income	1,484	1,833	1,717
	line 29	Compensation of employees	2,266	2,252	2,170
	line 30	Secondary income (current transfer) receipts	45,348	44,621	47,208
	line 31	Imports of goods and services and income payments (debits)	1,539,387	1,568,569	1,561,899
	line 32	Imports of goods and services	1,057,267	1,073,295	1,075,363
	line 33	Goods	822,354	837,789	854,949
	line 34	General merchandise	813,580	821,669	833,986
	line 35	Foods, feeds, and beverages	49,409	50,982	56,463
	line 36	Industrial supplies and materials	136,389	154,144	156,611
	line 37	Capital goods except automotive	315,509	286,209	253,287
	line 38	Automotive vehicles, parts, and engines	100,676	103,229	117,542
	line 39	Consumer goods except food and automotive	173,748	190,662	216,775
	line 40	Other general merchandise	37,849	36,444	33,307
	line 41	Nonmonetary gold	8,775	16,119	20,963
	line 42	Services	234,912	235,506	220,414
	line 43	Maintenance and repair services n.i.e.	2,559	2,813	2,452
	line 44	Transport	37,388	40,966	39,182
	line 45	Travel (for all purposes including education)	45,441	53,696	43,062
	line 46	Insurance services	29,588	28,594	24,753
	line 47	Financial services	19,481	17,872	16,901
	line 48	Charges for the use of intellectual property n.i.e.	13,165	12,612	14,276
	line 49	Telecommunications, computer, and information services	21,714	19,815	20,018
	line 50	Other business services	50,599	44,540	45,523
	line 51	Government goods and services n.i.e.	6,338	6,350	6,471
	line 52	Primary income payments	381,763	393,035	376,347
	line 53	Investment income	373,500	384,189	368,105
	line 54	Direct investment income	82,274	91,449	85,468
	line 55	Portfolio investment income	207,679	206,140	199,055
	line 56	Other investment income	83,547	86,600	83,582
	line 57	Compensation of employees	8,264	8,845	8,242
	line 58	Secondary income (current transfer) payments	100,357	102,239	110,189
		Capital account
	line 59	Capital transfer receipts and other credits	101	181	11,300
		Financial account
	line 61	Net U.S. acquisition of financial assets excluding financial derivatives (net increase in assets / financial outflow (+))	385,007	521,025	-4,807
	line 62	Direct investment assets	181,538	125,418	73,186
	line 63	Equity	153,563	104,455	87,190
	line 64	Debt instruments	27,975	20,963	-14,005
	line 65	Portfolio investment assets	95,074	84,923	20,250
	line 66	Equity and investment fund shares	-11,160	70,026	10,970
	line 67	Debt securities	106,234	14,897	9,280
	line 68	Short term	28,233	-18,597	-34,409
	line 69	Long term	78,002	33,494	43,689
	line 70	Other investment assets	108,659	309,810	-97,164
	line 71	Currency and deposits	160,183	142,120	21,844
	line 72	Loans	-45,775	162,621	-118,385
	line 74	Trade credit and advances	-5,749	4,863	-623
	line 75	Reserve assets	-264	874	-1,079
	line 76	Monetary gold	0	0	0
	line 77	Special drawing rights	-552	287	664
	line 78	Reserve position in the International Monetary Fund	158	234	-1,795
	line 79	Other reserve assets	130	353	52
	line 80	Currency and deposits	41	247	34
	line 81	Securities	89	106	8
	line 82	Financial derivatives	0	0	0
	line 83	Other claims	0	0	11
	line 84	Net U.S. incurrence of liabilities excluding financial derivatives (net increase in liabilities / financial inflow (+))	528,784	824,288	344,744
	line 85	Direct investment liabilities	65,686	128,877	4,015
	line 86	Equity	70,207	92,613	85,011
	line 87	Debt instruments	-4,521	36,264	-80,996
	line 88	Portfolio investment liabilities	358,470	473,556	320,144
	line 89	Equity and investment fund shares	251,551	197,458	167,830
	line 90	Debt securities	106,919	276,098	152,314
	line 91	Short term	27,172	26,873	50,115
	line 92	Long term	79,747	249,225	102,199
	line 93	Other investment liabilities	104,628	221,856	20,585
	line 94	Currency and deposits	6,727	43,255	-19,159
	line 95	Loans	101,680	171,078	28,662
	line 97	Trade credit and advances	-3,779	7,522	11,082
	line 98	Special drawing rights allocations	0	0	0
	line 99	Financial derivatives other than reserves, net transactions	-8,877	-55,974	-20,022
		Statistical discrepancy
	line 100	Statistical discrepancy	43,782	-89,705	-72,919
		Balances
	line 101	Balance on current account (line 1 less line 31)	-193,504	-268,432	-306,512
	line 102	Balance on goods and services (line 2 less line 32)	-162,380	-210,393	-244,930
	line 103	Balance on goods (line 3 less line 33)	-254,347	-292,611	-332,945
	line 104	Balance on services (line 13 less line 42)	91,967	82,218	88,015
	line 105	Balance on primary income (line 23 less line 52)	23,885	-421	1,399
	line 106	Balance on secondary income (line 30 less line 58)	-55,009	-57,618	-62,980
	line 107	Balance on capital account (line 59 less line 60)	-2,933	-1,101	9,858
	line 108	Net lending (+) or net borrowing (-) from current- and capital-account transactions (line 101 plus line 107)	-196,437	-269,533	-296,655
	line 109	Net lending (+) or net borrowing (-) from financial-account transactions (line 61 less line 84 plus line 99)	-152,654	-359,238	-369,573