The US Census Bureau and the US Bureau of Economic Analysis announced today that the deficit of goods and services was $105.6 billion in August, up $12.7 billion from July’s revised $92.8 billion.
| Deficit: | $105.6 billion | +13.7%° |
| Exports: | $315.2 billion | +1.4%° |
| Imports: | $420.8 billion | +4.3%° |
Next broadcast: Wednesday November 4, 2026 (°) Statistical significance is not applicable or not measurable. Data adjusted to take into account seasonality but not price variations Source: United States Census Bureau, US Bureau of Economic Analysis; US international trade in goods and services, October 6, 2026 | ||
Exports, imports and balance (Exhibit 1)
August’s exports totaled $315.2 billion, $4.5 billion more than July’s. August imports totaled $420.8 billion, $17.2 billion more than July imports.
The increase in the goods and services deficit in August reflects an increase in the goods deficit of $12.8 billion to $136.6 billion and an increase in the services surplus of less than $0.1 billion to $31.0 billion.
Year-to-date, the goods and services deficit has decreased by $138.2 billion, or 19.9 percent, compared to the same period in 2025. Exports increased by $267.7 billion, or 11.8 percent. Imports increased by $129.5 billion, or 4.4 percent.
Three-month moving averages (Table 2)
The average goods and services deficit increased by $9.9 billion to $89.9 billion for the three months ending in August.
- Average exports fell by $1.6 billion to $314.4 billion in August.
- Average imports increased by $8.3 billion to $404.3 billion in August.
Year-over-year, the average goods and services deficit increased by $25.4 billion compared to the three months ending August 2025.
- Average exports increased by $31.1 billion compared to August 2025.
- Average imports increased by $56.5 billion compared to August 2025.
Exports (Exhibits 3, 6 and 7)
Exports of goods increased by $4.4 billion to $205.7 billion in August.
Exports of goods based on the census increased by $4.2 billion.
- Industrial supplies and materials increased by $6.3 billion.
- Non-monetary gold increased by $2.3 billion.
- Crude oil increased by $2.0 billion.
- Fuel oil increased by $1.2 billion.
- Capital goods increased by $1.3 billion.
- Semiconductors increased by $1.0 billion.
- Computers increased by $0.9 billion.
- Computer accessories increased by $0.9 billion.
- Civil aircraft decreased by $1.0 billion.
- Consumer goods decreased by $2.2 billion.
- Pharmaceutical preparations decreased by $2.4 billion.
Net balance of payments adjustments increased by $0.3 billion.
Services exports increased by less than $0.1 billion to $109.5 billion in August.
- Fees related to the use of intellectual property increased by $0.2 billion.
- Other business services increased by $0.1 billion.
- Travel decreased by $0.2 billion.
- Financial services decreased by $0.1 billion.
Imports (Exhibits 4, 6 and 8)
Imports of goods increased by $17.2 billion to $342.2 billion in August.
Imports of goods based on the census increased by $17.4 billion.
- Industrial supplies and materials increased by $9.1 billion.
- Crude oil increased by $3.3 billion.
- Non-monetary gold increased by $3.1 billion.
- Capital goods increased by $6.2 billion.
- Semiconductors increased by $2.4 billion.
- Other industrial machinery increased by $1.3 billion.
- Computer accessories decreased by $1.6 billion.
Net balance of payments adjustments decreased by $0.2 billion.
Services imports increased by less than $0.1 billion to $78.5 billion in August.
- Transportation increased by $0.4 billion.
- Fees related to the use of intellectual property decreased by $0.2 billion.
- Travel decreased by $0.1 billion.
Real estate in 2017 dollars – Census base (table 11)
The real goods deficit increased by $8.7 billion, or 8.2 percent, to $114.7 billion in August, compared with an 11.1 percent increase in the headline deficit.
- Real exports of goods increased by $1.9 billion, or 1.3 percent, to $153.0 billion, compared with a 2.1 percent increase in nominal exports.
- Real imports of goods increased by $10.7 billion, or 4.1 percent, to $267.7 billion, compared with a 5.4 percent increase in nominal imports.
Revisions
July export revisions
- Exports of goods were revised upward by $0.2 billion.
- Services exports were revised downward by $0.2 billion.
July import revisions
- Imports of goods were revised upward by $4.4 billion.
- Imports of services were revised downward by $0.2 billion.
Goods by selected countries and regions: monthly – census basis (table 19)
August figures show surpluses, in billions of dollars, with the Netherlands ($7.7), South and Central America ($5.6), the United Kingdom ($3.6), Hong Kong ($2.3), Brazil ($1.3), Belgium ($1.2), Australia ($0.6) and Saudi Arabia ($0.4). Deficits were recorded, in billions of dollars, with Mexico ($27.7), Vietnam ($24.0), Taiwan ($18.3), China ($16.4), European Union ($11.0), South Korea ($9.4), Canada ($7.1), India ($6.2), Germany ($6.2), Malaysia ($6.0), Italy ($4.3), Japan (3.7 dollars), Ireland (2.5 dollars), France (1.4 dollars), Israel (0.8 dollars), Switzerland (0.4 dollars). and Singapore ($0.3).
- The deficit with Canada increased by $4.1 billion to $7.1 billion in August. Exports increased by $0.5 billion to $29.9 billion and imports increased by $4.6 billion to $37.1 billion.
- The balance with Singapore fell from a surplus of $1.9 billion in July to a deficit of $0.3 billion in August. Exports decreased by $1.1 billion to $3.7 billion and imports increased by $1.2 billion to $4.0 billion.
- The deficit with Ireland fell by $1.5 billion to $2.5 billion in August. Exports increased by $0.1 billion to $1.7 billion and imports decreased by $1.4 billion to $4.2 billion.
All statistics referenced are seasonally adjusted; Statistics are compiled on a balance of payments basis, unless otherwise stated. Additional statistics, including non-seasonally adjusted statistics and census-based property details, are available in Exhibits 1 through 20b of this release. For more information on data sources, definitions, and review procedures, see the explanatory notes for this release. The full release can be viewed at www.census.gov/foreign-trade/Press-Release/current_press_release/index.html or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services. The full schedule is available in the Census Bureau’s Economic News Room at www.census.gov/nomic-indicators/ or on the BEA website at www.bea.gov/news/schedule.
Next version: November 4, 2026
International trade in goods and services in the United States, September 2026
Notice
Change of country name
In this version of “U.S. International Trade in Goods and Services,” references to “Nauru” are replaced with “Naoero” to reflect the country’s recent name change. This change also matches the name recognized by the U.S. Department of State and the International Organization for Standardization.
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