Trade Deficit Widened by $2.5 Billion in March

Washington, DC, May 5, 2026-The goods and services deficit was $60.3 billion in March, up $2.5 billion from $57.8 billion in February, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced. 

March exports were $320.9 billion, $6.2 billion more than February exports. March imports were $381.2 billion, $8.7 billion more than February imports.

The March increase in the goods and services deficit reflected an increase in the goods deficit of $4.1 billion to $88.7 billion and an increase in the services surplus of $1.6 billion to $28.4 billion.

Year-to-date, the goods and services deficit decreased $211.2 billion, or 55.0%, from the same period in 2025. Exports increased $100.2 billion or 12.0%. Imports decreased $111.0 billion or 9.1%.