U.S. International Trade in Goods and Services, October 2019

October 2019:
-$47.2 billion
September 2019:
-$51.1 billion

The U.S. monthly international trade deficit decreased in October 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $51.1 billion in September (revised) to $47.2 billion in October, as imports decreased more than exports. The previously published September deficit was $52.5 billion. The goods deficit decreased $3.7 billion in October to $68.0 billion. The services surplus increased $0.2 billion in October to $20.8 billion.

  • Current Release: December 5, 2019
  • Next release: January 7, 2019

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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