Trade Deficit Narrowed by $11.5 Billion in June
Washington, DC, August 5, 2025-The goods and services deficit was $60.2 billion in June, down $11.5 billion from $71.7 billion in May, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
June exports were $277.3 billion, $1.3 billion less than May exports. June imports were $337.5 billion, $12.8 billion less than May imports.
The June decrease in the goods and services deficit reflected a decrease in the goods deficit of $11.4 billion to $85.9 billion and an increase in the services surplus of $0.1 billion to $25.7 billion.
Year-to-date, the goods and services deficit increased $161.5 billion, or 38.3%, from the same period in 2024. Exports increased $82.2 billion or 5.2%. Imports increased $243.7 billion or 12.1%.