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July 08, 2026US TRADE BALANCE, MAY 2026 
Month over month (May 2026 vs April 2026)
The US trade deficit in goods and services widened by $23.0 billion to $77.6 billion in May. The goods deficit widened by $23.6 billion to $106.5 billion while the services surplus widened by $0.6 billion to $28.9 billion.
Total US exports decreased $10.5 billion to $317.7 billion. Goods exports declined $11.3 billion to $210.6 billion, and services exports increased $0.8 billion to $107.1 billion.
Total imports increased $12.5 billion to $395.3 billion. Goods imports increased $12.3 billion to $317.0 billion, and services imports increased $0.2 billion to $78.2 billion.
Year over year (May 2026 vs May 2025)
Compared with May 2025, the US trade deficit widened by $10.8 billion. The goods deficit widened by $13.7 billion and the services surplus increased by $2.9 billion.
Total exports increased by 12.6% (+$35.4 billion). Goods exports increased 15.8% (+$28.8 billion), services exports increased 6.6% (+$6.7 billion).
Total imports increased 13.3% (+$46.3 billion). Goods imports increased 15.5% (+$42.5 billion), and services imports increased 5.1% (+$3.8 billion).
Source: US Bureau of Economic Analysis: US International Trade in Goods and Services; retrieved from Federal Reserve Bank of St. Louis