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December 12, 2025US TRADE BALANCE, SEPTEMBER 2025 
Month over month (Setember 2025 vs August 2025)
The US trade deficit in goods and services narrowed by $6.4 billion to $52.8 billion in September. The goods deficit narrowed by $7.1 billion to $79.0 billion, and the services surplus narrowed by $638 million to $26.2 billion.
Total exports increased $8.4 billion to $289.3 billion. Goods exports increased $8.7 billion to $187.6 billion, and services exports decreased $386 million to $101.7 billion.
Total imports increased $1.9 billion to $342.1 billion. Goods imports increased $1.7 billion to $266.6 billion, and services imports increased $252 million to $75.5 billion
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Year over year (September 2025 vs September 2024)
The US trade balance narrowed by $28.7 billion to $52.8 billion. The goods deficit narrowed by $28.7 billion and the services surplus narrowed by $67 million to $26.2 billion.
Total exports increased by $15.7 billion to $289.3 billion. Goods exports increased 6.9% ($12.1 billion) to $187.6 billion and services exports increased 3.5% ($3.5 billion) to $101.7 billion.
Total imports decreased 3.7% ($13.1 billion) to $342.1 billion. Goods imports decreased 5.9% ($16.6 billion) to $266.6 billion and services imports increased 4.9% ($3.5 billion) to $75.5 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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