U.S. Goods and Services Deficit Down $4.4 Billion in June.
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported that the goods and services deficit decreased by $4.4 billion in June to reach $73.3 billion, marking a decline from May's revised figure of $77.6 billion. This reduction reflects a decrease in the goods deficit by $3.9 billion to $102.1 billion, while the services surplus increased by $0.5 billion to $28.8 billion.
In June, exports amounted to $314.7 billion, down slightly from May's figure of $317.6 billion. Imports, on the other hand, decreased significantly to $388.0 billion from May's $395.3 billion. The year-to-date data show a substantial decrease in the goods and services deficit by $189.3 billion, or 33.8 percent, compared to the same period in 2025.
For the three months ending in June, the average goods and services deficit increased by $5.6 billion to $68.5 billion. However, on a year-over-year basis, this figure rose by $6.6 billion from the previous quarter's average of $61.9 billion.
Breaking down the components, exports of goods decreased by $4.0 billion to $206.9 billion in June. Imports of goods fell by $7.9 billion to $309.0 billion during the same period. Imports of services increased slightly by $0.6 billion to $79.0 billion.
The real goods deficit, which adjusts for inflation, decreased by $5.3 billion or 5.3 percent in June compared to a similar decrease in nominal terms at 3.7 percent.
In terms of trade balances with specific countries, the U.S. recorded surpluses with several nations including the Netherlands ($7.2 billion), South and Central America ($5.6 billion), Hong Kong ($3.2 billion), Switzerland ($2.9 billion), United Kingdom ($2.2 billion), Singapore ($1.8 billion), Saudi Arabia ($1.8 billion), Brazil ($1.7 billion), Australia ($1.3 billion), and Belgium ($0.9 billion). Conversely, the U.S. faced deficits with countries such as Vietnam ($21.6 billion), Mexico ($20.3 billion), China ($15.3 billion), Taiwan ($14.9 billion), European Union ($10.9 billion), South Korea ($7.4 billion), Canada ($7.2 billion), Germany ($7.1 billion), India ($4.5 billion), Malaysia ($4.4 billion), Japan ($3.3 billion), Ireland ($2.7 billion), Italy ($2.5 billion), France ($1.5 billion), and Israel ($1.2 billion).
The data provided by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis are seasonally adjusted and compiled from documents collected by U.S. Customs and Border Protection (CBP). These figures exclude shipments between the United States and its territories, transactions with U.S. military installations abroad, and personal effects of travelers.
The next release of data is scheduled for September 3, 2026.
