Trade Deficit Narrowed to $61.6B in April

Washington, DC, June 5, 2025-The goods and services deficit was $61.6 billion in April, down $76.7 billion from $138.3 billion in March, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

April exports were $289.4 billion, $8.3 billion more than March exports. April imports were $351.0 billion, $68.4 billion less than March imports.

The April decrease in the goods and services deficit reflected a decrease in the goods deficit of $75.2 billion to $87.4 billion and an increase in the services surplus of $1.5 billion to $25.8 billion.

Year-to-date, the goods and services deficit increased $179.3 billion, or 65.7%, from the same period in 2024. Exports increased $58.4 billion or 5.5%. Imports increased $237.8 billion or 17.8%.