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July 03, 2025US TRADE BALANCE, MAY 2025 Month over month (May 2025 vs April 2025)
The United States trade deficit in goods and services widened by $11.3 billion to $71.5 billion. The goods deficit widened by $11.2 billion to $97.5 billion, and the services surplus widened by $54 million to $26.0 billion.
Total exports decreased $11.6 billion to $279.0 billion. Goods exports decreased $11.4 billion to $180.2 billion, and services exports decreased $183 million to $98.8 billion.
Total imports decreased $312 million to $350.5 billion. Goods imports decreased $183 million to $277.7 billion, and services imports decreased $129 million to $72.8 billion.
Year over year (May 2025 vs May 2024)
The US trade deficit narrowed by $2.9 billion. The goods deficit narrowed by $3.1 billion, and the services surplus narrowed by $180 million.
Total exports increased by $14.0 billion. Goods exports increased $9.9 billion, and services exports increased $4.1 billion.
Total imports increased $11.1 billion. Goods imports increased $6.8 billion, and services imports increased $4.3 billion.
Sources: U.S. Census Bureau and U.S. Bureau of Economic Analysis, retrieved from the Federal Reserve Bank of St. Louis.
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