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International Trade in Goods and Services

U.S. International Trade in Goods and Services, July 2022

July 2022
-$70.6B
June 2022
-$80.9B

The U.S. monthly international trade deficit decreased in July 2022 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $80.9 billion in June (revised) to $70.6 billion in July, as exports increased and imports decreased. The previously published June deficit was $79.6 billion. The goods deficit decreased $8.2 billion in July to $91.1 billion. The services surplus increased $2.1 billion in July to $20.4 billion.

Current Release
  • Current Release: September 7, 2022
  • Next release: October 5, 2022

What is Trade in Goods and Services?

Trade in goods and services between U.S. residents and residents of other countries each month. U.S. sales are exports and U.S. purchases are imports. The difference between the exports and imports is the trade balance. 

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