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November 04, 2026US TRADE BALANCE, SEPTEMBER 2026 
Month over month (September vs August 2026)
The US trade deficit in goods and services narrowed by $690 million to $105.0 billion in September. The goods deficit narrowed by $716 million to $135.9 billion while the services surplus narrowed by $26 million to $30.9 billion.
Total US exports increased 1.9% (+$5.8 billion) to $321.5 billion. Goods exports rose 2.5% (+$5.1 billion) to $211.0 billion, and services exports increased by 0.7% (+$727 million) to $110.5 billion.
Total imports increased 1.2% (+$5.2 billion) to $426.6 billion. Goods imports rose 1.3% ($4.4 billion) to $346.9 billion, and services imports increased 1.0% (+$725 million) to $79.7 billion.
Year over year (September 2026 vs September 2025)
Compared with September 2025, the US trade deficit widened by $45.7 billion. The goods deficit widened by $48.0 billion and the services surplus increased by $2.4 billion.
Total exports increased by 10.0% (+$29.2 billion). Goods exports increased 13.1% (+$24.5 billion), services exports increased 4.4% (+$4.7 billion).
Total imports increased 21.3% (+$74.8 billion). Goods imports increased 26.4% (+$72.5 billion), and services imports increased 3.0% (+$2.3 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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