All articles tagged with #goods and services
The U.S. trade deficit widened to $56.8 billion in November 2025 as exports fell to $292.1 billion and imports rose to $348.9 billion, lifting the goods shortfall to $86.9 billion while services posted a $30.1 billion surplus; year-to-date deficits edged higher versus 2024 as both exports and imports increased.
In October 2025, the U.S. trade deficit decreased to $29.4 billion, driven by a decline in imports and an increase in exports, marking a significant improvement from September. The goods deficit fell by $19.2 billion, and exports of goods and services increased, reflecting a positive trend in U.S. international trade. Year-to-date, the deficit has increased compared to 2024, but the recent monthly figures show a narrowing gap.
In July 2025, the U.S. trade deficit widened to $78.3 billion due to a significant increase in imports and a slight rise in exports, with the goods deficit reaching $103.9 billion and the services surplus decreasing slightly. Year-to-date, the deficit has increased by 30.9% compared to 2024, driven by higher import levels across various sectors and countries.
In June 2025, the U.S. trade deficit decreased to $60.2 billion, down from May, driven by a decline in imports and a slight decrease in exports, with the goods deficit also shrinking and the services surplus remaining stable.