The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $105.6 billion in August, up $12.7 billion from $92.8 billion in July, revised.
U.S. International Trade in Goods and Services Deficit
$105.6 Billion |
+13.7%° |
|
Exports: |
$315.2 Billion |
+1.4%° |
Imports: |
$420.8 Billion |
+4.3%° |
Next release: Wednesday, November 4, 2026
(°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes
Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, October 6, 2026
Exports, Imports, and Balance
August exports were $315.2 billion, $4.5 billion more than July exports. August imports were $420.8 billion, $17.2 billion more than July imports.
The August increase in the goods and services deficit reflected an increase in the goods deficit of $12.8 billion to $136.6 billion and an increase in the services surplus of less than $0.1 billion to $31.0 billion.
Year-to-date, the goods and services deficit decreased $138.2 billion, or 19.9 percent, from the same period in 2025. Exports increased $267.7 billion or 11.8 percent. Imports increased $129.5 billion or 4.4 percent.
Three-Month Moving Averages
The average goods and services deficit increased $9.9 billion to $89.9 billion for the three months ending in August.
• Average exports decreased $1.6 billion to $314.4 billion in August.
• Average imports increased $8.3 billion to $404.3 billion in August.
Year-over-year, the average goods and services deficit increased $25.4 billion from the three months ending in August 2025.
• Average exports increased $31.1 billion from August 2025.
• Average imports increased $56.5 billion from August 2025.
Exports
Exports of goods increased $4.4 billion to $205.7 billion in August.
Exports of goods on a Census basis increased $4.2 billion.
• Industrial supplies and materials increased $6.3 billion.
◦ Nonmonetary gold increased $2.3 billion.
◦ Crude oil increased $2.0 billion.
◦ Fuel oil increased $1.2 billion.
• Capital goods increased $1.3 billion.
◦ Semiconductors increased $1.0 billion.
◦ Computers increased $0.9 billion.
◦ Computer accessories increased $0.9 billion.
◦ Civilian aircraft decreased $1.0 billion.
• Consumer goods decreased $2.2 billion.
◦ Pharmaceutical preparations decreased $2.4 billion.
Net balance of payments adjustments increased $0.3 billion.
