U.S. Trade Gap Narrowed in September

Washington, DC, November 4, 2016—The goods and services deficit was $36.4 billion in September, down $4.0 billion from $40.5 billion in August, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced through the Department of Commerce.

September exports were $189.2 billion, $1.0 billion more than August exports. September imports were $225.6 billion, $3.0 billion less than August imports.

The September decrease in the goods and services deficit reflected a decrease in the goods deficit of $2.6 billion to $57.5 billion and an increase in the services surplus of $1.4 billion to $21.1 billion.

Year-to-date, the goods and services deficit decreased $9.2 billion, or 2.5%, from the same period in 2015. Exports decreased $60.5 billion or 3.5%. Imports decreased $69.7 billion or 3.3%.