2023 Trade Gap is $779.8 Billion

The U.S. goods and services trade deficit decreased from $951.2 billion in 2022 to $779.8 billion in 2023 (revised), as exports increased and imports decreased. The goods deficit decreased $123.4 billion to $1,059.6 billion, and the services surplus increased $48.0 billion to $279.8 billion.

January 2024 Trade Gap is $67.4 Billion

The U.S. goods and services trade deficit increased from $64.2 billion in December (revised) to $67.4 billion in January, as imports increased more than exports. The goods deficit increased $3.0 billion to $91.6 billion, and the services surplus decreased $0.3 billion to $24.2 billion

2023 Trade Gap is $773.4 Billion

The U.S. goods and services trade deficit decreased from $951.2 billion in 2022 to $773.4 billion in 2023, as exports increased and imports decreased. The goods deficit decreased $121.3 billion to $1,061.7 billion, and the services surplus increased $56.4 billion to $288.2 billion.

December 2023 Trade Gap is $62.2 Billion

The U.S. goods and services trade deficit increased from $61.9 billion in November (revised) to $62.2 billion in December, as imports increased more than exports. The goods deficit increased $0.7 billion to $89.1 billion, and the services surplus increased $0.4 billion to $26.9 billion.

November 2023 Trade Gap is $63.2 Billion

The U.S. goods and services trade deficit decreased from $64.5 billion in October (revised) to $63.2 billion in November, as imports decreased more than exports. The goods deficit decreased $0.6 billion to $89.4 billion, and the services surplus increased $0.7 billion to $26.2 billion.

U.S. Current-Account Deficit Narrows in 3rd Quarter 2023

The U.S. current-account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, narrowed by $16.5 billion, or 7.6 percent, to $200.3 billion in the third quarter of 2023.

October 2023 Trade Gap is $64.3 Billion

The U.S. goods and services trade deficit increased from $61.2 billion in September (revised) to $64.3 billion in October, as exports decreased and imports increased. The goods deficit increased $3.5 billion to $89.8 billion, and the services surplus increased $0.4 billion to $25.5 billion.

September 2023 Trade Gap is $61.5 Billion

The U.S. goods and services trade deficit increased from $58.7 billion in August (revised) to $61.5 billion in September, as imports increased more than exports. The goods deficit increased $1.7 billion to $86.3 billion, and the services surplus decreased $1.2 billion to $24.8 billion.

August 2023 Trade Gap is $58.3 Billion

The U.S. goods and services trade deficit decreased from $64.7 billion in July (revised) to $58.3 billion in August, as exports increased and imports decreased. The goods deficit decreased $5.5 billion to $84.5 billion, and the services surplus increased $1.0 billion to $26.2 billion.

U.S. Current-Account Deficit Narrows in 2nd Quarter 2023

The U.S. current-account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, narrowed by $2.4 billion, or 1.1 percent, to $212.1 billion in the second quarter of 2023.

July 2023 Trade Gap is $65.0 Billion

The U.S. goods and services trade deficit increased from $63.7 billion in June (revised) to $65.0 billion in July, as imports increased more than exports. The goods deficit increased $2.0 billion to $90.0 billion, and the services surplus increased $0.7 billion to $25.0 billion.

June 2023 Trade Gap is $65.5 Billion

The U.S. goods and services trade deficit decreased from $68.3 billion in May (revised) to $65.5 billion in June, as imports decreased more than exports. The goods deficit decreased $2.8 billion to $88.2 billion, and the services surplus decreased less than $0.1 billion to $22.7 billion.