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For additional information relating to this article, please contact:

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

June 09, 2026
US TRADE BALANCE, APRIL 2026

Month over month (April 2026 vs March 2026)

The US trade deficit in goods and services narrowed by $0.7 billion to $55.9 billion in April. The goods deficit narrowed by $2.4 billion to $83.7 billion while the services surplus narrowed by $1.7 billion to $27.8 billion.

Total US exports increased $8.3 billion to $327.1 billion. Goods exports increased $8.7 billion to $221.3 billion, and services exports decreased $0.4 billion to $105.8 billion.

Total imports increased $7.6 billion to $383.0 billion. Goods imports increased $6.4 billion to $304.9 billion, and services imports increased $1.3 billion to $78.0 billion.

Year over year (April 2026 vs April 2025) 

Compared with April 2025, the US trade deficit narrowed by $4.5 billion. The goods deficit narrowed by $2.9 billion and the services surplus increased by $1.6 billion.

Total exports increased by 12.6% (+$36.5 billion). Goods exports increased 16.5% (+$31.3 billion), services exports increased 5.1% (+$5.2 billion). 

Total imports increased 9.1% (+$32.0 billion). Goods imports increased 10.3% (+$28.4 billion), and services imports increased 4.8% (+$3.6 billion).

Source: US Bureau of Economic Analysis: US International Trade in Goods and Services; retrieved from Federal Reserve Bank of St. Louis



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