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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

August 05, 2025
US TRADE BALANCE, JUNE 2025

Month over month (June 2025 vs May 2025)

The United States trade deficit in goods and services narrowed by $11.5 billion to $60.2 billion. The goods deficit narrowed by $11.4 billion to $85.9 billion, and the services surplus widened by $63 million to $25.7 billion.                                                                                                                                                                                      

 

Total exports decreased $1.3 billion to $277.3 billion. Goods exports decreased $1.2 billion to $179.1 billion, and services exports decreased $157 million to $98.2 billion.

Total imports decreased $12.8 billion to $337.5 billion. Goods imports decreased $12.6 billion to $265.0 billion, and services imports decreased $221 million to $72.5 billion.

 Year over year (June 2025 vs June 2024)

The US trade deficit narrowed by $13.7 billion. The goods deficit narrowed by $13.7 billion, and the services surplus narrowed by $31 million.

Total exports increased by $8.9 billion. Goods exports increased $5.8 billion, and services exports increased $3.1 billion.

Total imports decreased $4.8 billion. Goods imports decreased $7.9 billion, and services imports increased $3.1 billion.

 

Sources: U.S. Census Bureau and U.S. Bureau of Economic Analysis, retrieved from the Federal Reserve Bank of St. Louis. 

Press release   Data



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