The monthly U.S. trade deficit in goods and services soared nearly 20 percent in September as imports jumped and exports fell. According to the Census Bureau, September saw all-time hights for U.S. imports of foods and capital goods as well as individual trade deficits with Mexico, Ireland, and Vietnam.
Imports were up 3.0 percent, to $352.3 billion, from August to September. Imports of goods gained 4.0 percent to $285.0 billion, with increases of $1.9 billion for drugs, $1.2 billion for automotive vehicles, parts, and engines, and $1.0 billion for computers. Services imports slipped 0.1 percent to $67.3 billion.
Exports fell 1.2 percent in September to $267.9 billion. Exports of goods declined 1.8 percent to $176.0 billion, with decreases of $2.0 billion for drugs, $1.7 billion for civilian aircraft, and $1.3 billion for crude oil. Services exports were virtually unchanged at $91.9 billion.
The monthly U.S. trade deficit rose from $70.8 billion in August to $84.4 billion in September. The deficit in goods trade was up 15.0 percent to $109.0 billion while the services trade surplus gained 2.5 percent to $24.6 billion.
|
Country/region
|
Deficit
|
% Change
|
Surplus
|
% Change
|
|
China
|
$26.9 billion
|
+8.9
|
|
|
|
European Union
|
$23.8 billion
|
+24.6
|
|
|
|
Mexico
|
$16.0 billion
|
+11.9
|
|
|
|
Vietnam
|
$12.2 billion
|
+24.5
|
|
|
|
Ireland
|
$9.3 billion
|
+16.3
|
|
|
|
Taiwan
|
$7.0 billion
|
-4.1
|
|
|
|
Germany
|
$7.0 billion
|
+6.1
|
|
|
|
South Korea
|
$5.7 billion
|
+16.3
|
|
|
|
Canada
|
$5.7 billion
|
+46.2
|
|
|
|
Japan
|
$5.3 billion
|
+8.2
|
|
|
|
Italy
|
$3.4 billion
|
+17.2
|
|
|
|
India
|
$3.4 billion
|
+25.9
|
|
|
|
Switzerland
|
$2.3 billion
|
-8.0
|
|
|
|
Malaysia
|
$2.1 billion
|
+90.9
|
|
|
|
France
|
$1.1 billion
|
-35.3
|
|
|
|
Israel
|
$0.8 billion
|
-20.0
|
|
|
|
Saudi Arabia
|
$0.2 billion
|
+100.0
|
|
|
|
South/Central America
|
|
|
$3.5 billion
|
-12.5
|
|
Netherlands
|
|
|
$3.2 billion
|
-41.8
|
|
Hong Kong
|
|
|
$2.2 billion
|
+37.5
|
|
Australia
|
|
|
$1.4 billion
|
-26.3
|
|
United Kingdom
|
|
|
$1.4 billion
|
+366.7
|
|
Singapore
|
|
|
$1.3 billion
|
+160.0
|
|
Brazil
|
|
|
$1.1 billion
|
+37.5
|
|
Belgium
|
|
|
$0.3 billion
|
Shift from $0.6 billion deficit
|
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