The monthly U.S. trade deficit in goods and services dropped another 10.8 percent in September to the lowest point in more than five years.
Imports of $342.1 billion in September were up 0.5 percent from August. Imports of goods gained 0.6 percent to $266.6 billion, with increases of $12.9 billion for pharmaceutical preparations, $1.9 billion for non-monetary gold, and $1.7 billion for computer accessories along with decreases of $4.7 billion for computers and $1.5 billion for electric apparatus. Services imports edged up 0.4 percent to $75.5 billion, a record high.
Exports jumped 3.0 percent to $289.3 billion in September. Exports of goods rose 4.9 percent to $187.6 billion, with increases of $6.1 billion for non-monetary gold and $3.1 billion for pharmaceutical preparations and a decrease of $2.3 billion for computers. Services exports slipped 0.4 percent to $101.7 billion.
The monthly U.S. trade deficit decreased from $59.6 billion in August to $52.8 billion in September. The deficit in goods trade fell 8.2 percent to $79.0 billion while the services trade surplus lost 2.2 percent to $26.2 billion.
For the year to date the U.S. trade deficit was up 17.2 percent from the same period in 2024 as imports rose 7.7 percent and exports gained 5.2 percent.
For the month of September 2025, trade deficits and surpluses with major trading partners were as follows.
|
Country/region
|
Deficit
|
% Change
|
Surplus
|
% Change
|
|
Ireland
|
$18.2 billion
|
+506.7
|
|
|
|
Mexico
|
$17.8 billion
|
+9.2
|
|
|
|
European Union
|
$17.8 billion
|
+119.8
|
|
|
|
Vietnam
|
$14.4 billion
|
0
|
|
|
|
China
|
$11.4 billion
|
-26.0
|
|
|
|
Taiwan
|
$9.4 billion
|
-23.0
|
|
|
|
Canada
|
$4.9 billion
|
+63.3
|
|
|
|
Germany
|
$4.6 billion
|
0
|
|
|
|
Japan
|
$3.6 billion
|
-36.8
|
|
|
|
South Korea
|
$3.4 billion
|
-32.0
|
|
|
|
India
|
$3.1 billion
|
-35.4
|
|
|
|
Malaysia
|
$1.8 billion
|
0
|
|
|
|
Italy
|
$0.4 billion
|
-75.0
|
|
|
|
France
|
$0.3 billion
|
0
|
|
|
|
Israel
|
$0.1 billion
|
-75.0
|
|
|
|
Switzerland
|
|
|
$6.6 billion
|
Shift from $0.1 billion deficit
|
|
Netherlands
|
|
|
$5.9 billion
|
+15.7
|
|
South/Central America
|
|
|
$5.0 billion
|
+2.0
|
|
Hong Kong
|
|
|
$2.1 billion
|
+23.5
|
|
Belgium
|
|
|
$1.4 billion
|
+180
|
|
Brazil
|
|
|
$1.3 billion
|
+8.3
|
|
United Kingdom
|
|
|
$1.1 billion
|
+10.0
|
|
Australia
|
|
|
$1.1 billion
|
-68.8
|
|
Saudi Arabia
|
|
|
$0.4 billion
|
+33.3
|
|
Singapore
|
|
|
$0.1 billion
|
-88.9
|
Copyright © 2026 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.