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January 08, 2026US TRADE BALANCE, OCTOBER 2025 
Month over month (October 2025 vs September 2025)
The US trade deficit in goods and services narrowed by $18.8 billion to $29.4 billion in October. The goods deficit narrowed by $19.2 billion to $59.1 billion, and the services surplus narrowed by $373 million to $29.8 billion.
Total exports increased $7.8 billion to $302.0 billion. Goods exports increased $7.1 billion to $195.9 billion, and services exports increased $703 million to $106.1 billion.
Total imports decreased $11.0 billion to $331.4 billion. Goods imports decreased $12.1 billion to $255.0 billion, and services imports increased $1.1 billion to $76.3 billion
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Year over year (October 2025 vs October 2024)
The US trade balance narrowed by $44.9 billion to $29.4 billion. The goods deficit narrowed by $40.9 billion and the services surplus narrowed by $4.0 billion.
Total exports increased by 12.1%. Goods exports increased 14.6%, services exports increased 7.7%.
Total imports decreased 3.6%. Goods imports decreased 5.9%, and services imports increased 5.0%.
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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