The US goods and services trade deficit narrowed to $73.3 billion in June 2026, down 5.6% from May, according to the US Census Bureau and Bureau of Economic Analysis. Exports totaled $314.7 billion, while imports fell to $388 billion.

U.S. International Trade in Goods and Services Deficit
Deficit: $73.3 Billion –5.6%°
Exports: $314.7 Billion –0.9%°
Imports: $388.0 Billion –1.8%°
Next release: Thursday, September 3, 2026

(°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes

Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, August 4, 2026

The decline was driven by a smaller goods deficit, which dropped to $102.1 billion, while the services surplus rose to $28.8 billion. Year-to-date, the trade deficit is down 33.8% from 2025, with exports increasing 11.7% and imports up 0.4%.