Trade Deficit Widened by $13.6 Billion in September

Washington, DC, November 5, 2024-The goods and services deficit was $84.4 billion in September, up $13.6 billion from $70.8 billion in August, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.

September exports were $267.9 billion, $3.2 billion less than August exports. September imports were $352.3 billion, $10.3 billion more than August imports.

The September increase in the goods and services deficit reflected an increase in the goods deficit of $14.2 billion to $109.0 billion and an increase in the services surplus of $0.6 billion to $24.6 billion.

Year-to-date, the goods and services deficit increased $69.6 billion, or 11.8%, from the same period in 2023. Exports increased $84.7 billion or 3.7%. Imports increased $154.4 billion or 5.3%.