Overview
Trade Balance sources data from FRED (Federal Reserve Economic Data) using the Census Bureau FT-900 Balance of Payments series, providing seasonally adjusted monthly exports, imports, and the trade balance in millions of US dollars, with history back to 1992.
Live Test Trade Balance Grounding Data for AI Agents Source →
The tool
Once your client is connected to the VerveContext server, this appears in its tool list as TradeBalanceGroundingDataforAIAgents. It is read-only and open-world — it fetches and never mutates anything on your side — so most clients call it without asking you to confirm.
{
"name": "TradeBalanceGroundingDataforAIAgents",
"arguments": {}
}Connecting
One server URL covers every source in the catalog, including this one. Authorization is OAuth: the client opens a browser once, and there is no key to paste into a config file.
{
"mcpServers": {
"vervecontext": {
"url": "https://api.vervecontext.com/v1/mcp"
}
}
}https://api.vervecontext.com/v1/mcpPer-client setup — Claude, Cursor, VS Code, ChatGPT — is on the MCP setup page.
Arguments
These are the properties on the tool's inputSchema, so a well-behaved client validates them before the call is made. Premium arguments are accepted on every plan but only take effect on plans that include them.
| Argument | Type | Description |
|---|---|---|
dateOptional | string | Optional date in YYYY-MM format for historical lookup. Omit for current data. date |
What the model gets back
The result carries a structuredContent object matching the tool's declared outputSchema, so a client reads fields without parsing prose. status is "ok" and error is null on success; a null field means the value was not available for that input, not that the call failed.
{
"status": "ok",
"error": null,
"data": {
"yearMonth": "2026-07",
"year": 2026,
"month": 7,
"exports": 310723,
"imports": 399299,
"balance": -88576,
"unit": "millions_usd",
"exportsFormatted": "$310.72 billion",
"importsFormatted": "$399.30 billion",
"balanceFormatted": "-$88.58 billion",
"tradeStatus": "deficit",
"updatedAt": "2026-09-16T16:03:38.440Z"
}
}
Response fields
Paths are relative to data. Premium fields are absent rather than zeroed on plans that do not include them, so check for presence instead of comparing to 0.
| Field | Type | Example | Description |
|---|---|---|---|
yearMonth | string | 2026-07 | Year and month in YYYY-MM format for the trade data |
year | number | 2026 | The calendar year for the trade balance data |
month | number | 7 | The month number (1-12) for trade balance data |
exports | number | 310723 | US exports of goods and services for the month, in millions of USD (BOP basis, seasonally adjusted) |
imports | number | 399299 | US imports of goods and services for the month, in millions of USD (BOP basis, seasonally adjusted) |
balance | number | -88576 | Trade balance (exports minus imports) for the month, in millions of USD. Negative means a trade deficit |
unit | string | millions_usd | Unit for the exports, imports, and balance figures (millions_usd) |
exportsFormattedPremium | string | $310.72 billion | Human-readable exports figure (e.g., $265.20 billion) |
importsFormattedPremium | string | $399.30 billion | Human-readable imports figure (e.g., $340.40 billion) |
balanceFormattedPremium | string | -$88.58 billion | Human-readable trade balance figure (e.g., -$75.20 billion) |
tradeStatus | string | deficit | Whether the month was a trade deficit or surplus |
updatedAt | string | 2026-09-16T16:03:38.440Z | ISO 8601 timestamp when the trade data was last updated |
Why ground on it
A model can produce something that looks like this answer from its training data, and be confidently out of date or simply wrong. This source returns the current value in a shape you can check, which is the difference between an answer you can cite and one you have to hedge.
Point an evaluation at yearMonth: it is the field most worth pinning a claim to, and it is either present and current or absent — never plausibly invented.
Failure modes
Errors come back as tool errors carrying a sentence the model can act on, not a bare status code. Error handling covers the full list.
| Status | What it means |
|---|---|
400 / 422 | The arguments did not validate. The message names the offending one. |
401 | The OAuth session is invalid or expired — reconnect the server. |
403 | Blocked by a key restriction or an IP allow-list. Never a bad identity. |
404 | This source is not part of VerveContext. Check the catalog. |
429 | Out of credits, or a brief rate limit. The message tells them apart. |
A call costs 2 credits each time the tool actually runs; a model that reasons about the tool without calling it costs nothing.
Use cases
- Economic Analysis
- Track US trade patterns for economic research
- Policy Research
- Analyze trade data for policy research and analysis
- Business Intelligence
- Factor trade trends into business planning
Other ways to use Trade Balance Grounding Data for AI Agents
Set up Trade Balance Grounding Data for AI Agents on VerveContext, or reach the same source a different way. Your VerveContext account and credits work on all of them — one key, one balance.
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