Wednesday, August 05, 2026
5 of 1,421 BEA News: U.S. International Trade in Goods and Services, June 2026
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News Release
U.S. International Trade in Goods and Services, June 2026
The U.S. Census Bureau and the U.S.Bureau of Economic Analysis announced today that the goods and services deficit was $73.3 billion in June, down $4.4 billion from $77.6 billion in May, revised.
| Deficit: | $73.3 Billion | –5.6%° |
| Exports: | $314.7 Billion | –0.9%° |
| Imports: | $388.0 Billion | –1.8%° |
Next release: Thursday, September 3, 2026 (°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, August 4, 2026 | ||
Exports, Imports, and Balance (exhibit 1)
June exports were $314.7 billion, $2.9 billion less than May exports. June imports were $388.0 billion, $7.3 billion less than May imports.
The June decrease in the goods and services deficit reflected a decrease in the goods deficit of $3.9 billion to $102.1 billion and an increase in the services surplus of $0.5 billion to $28.8 billion.
Year-to-date, the goods and services deficit decreased $189.3 billion, or 33.8 percent, from the same period in 2025. Exports increased $198.3 billion or 11.7 percent. Imports increased $9.0 billion or 0.4 percent.
Three-Month Moving Averages (exhibit 2)
The average goods and services deficit increased $5.6 billion to $68.5 billion for the three months ending in June.
- Average exports decreased $1.3 billion to $320.2 billion in June.
- Average imports increased $4.2 billion to $388.7 billion in June.
Year-over-year, the average goods and services deficit increased $6.6 billion from the three months ending in June 2025.
- Average exports increased $35.6 billion from June 2025.
- Average imports increased $42.1 billion from June 2025.
Exports (exhibits 3, 6, and 7)
Exports of goods decreased $4.0 billion to $206.9 billion in June.
Exports of goods on a Census basis decreased $3.8 billion.
- Industrial supplies and materials decreased $3.3 billion.
- Crude oil decreased $5.7 billion.
- Fuel oil decreased $1.6 billion.
- Nonmonetary gold increased $3.4 billion.
- Other goods decreased $0.8 billion.
- Capital goods decreased $0.6 billion.
- Computers decreased $1.1 billion.
Net balance of payments adjustments decreased $0.2 billion.
Treatment of Gold in BEA’s International and National Economic Accounts
When incorporating the statistics in this release into BEA’s National Economic Accounts, including Gross Domestic Product, or GDP, BEA replaces exports and imports of nonmonetary gold with an adjustment calculated as the difference between domestic production and industrial use of gold. For additional information, see “How are exports and imports of gold recorded in BEA’s International Economic Accounts?” and “How are exports and imports of nonmonetary gold treated in BEA’s National Economic Accounts?”.
Exports of services increased $1.1 billion to $107.8 billion in June.
- Financial services increased $0.5 billion.
- Travel increased $0.4 billion.
Imports (exhibits 4, 6, and 8)
Imports of goods decreased $7.9 billion to $309.0 billion in June.
Imports of goods on a Census basis decreased $7.7 billion.
- Capital goods decreased $2.1 billion.
- Computers decreased $3.0 billion.
- Telecommunications equipment increased $1.1 billion.
- Consumer goods decreased $2.1 billion.
- Pharmaceutical preparations decreased $1.9 billion.
Net balance of payments adjustments decreased $0.2 billion.
Imports of services increased $0.6 billion to $79.0 billion in June.
- Charges for the use of intellectual property increased $0.7 billion.
- Transport increased $0.2 billion.
- Insurance services increased $0.1 billion.
- Travel decreased $0.4 billion.
Real Goods in 2017 Dollars – Census Basis (exhibit 11)
The real goods deficit decreased $5.3 billion, or 5.3 percent, to $94.5 billion in June, compared to a 3.7 percent decrease in the nominal deficit.
- Real exports of goods decreased $1.4 billion, or 0.9 percent, to $153.6 billion, compared to a 1.8 percent decrease in nominal exports.
- Real imports of goods decreased $6.7 billion, or 2.6 percent, to $248.1 billion, compared to a 2.4 percent decrease in nominal imports.
Revisions
Revisions to May exports
- Exports of goods were revised up $0.3 billion.
- Exports of services were revised down $0.4 billion.
Revisions to May imports
- Imports of goods were revised down $0.2 billion.
- Imports of services were revised up $0.2 billion.
Goods by Selected Countries and Areas: Monthly – Census Basis (exhibit 19)
The June figures show surpluses, in billions of dollars, with Netherlands ($7.2), South and Central America ($5.6), Hong Kong ($3.2), Switzerland ($2.9), United Kingdom ($2.2), Singapore ($1.8), Saudi Arabia ($1.8), Brazil ($1.7), Australia ($1.3), and Belgium ($0.9). Deficits were recorded, in billions of dollars, with Vietnam ($21.6), Mexico ($20.3), China ($15.3), Taiwan ($14.9), European Union ($10.9), South Korea ($7.4), Canada ($7.2), Germany ($7.1), India ($4.5), Malaysia ($4.4), Japan ($3.3), Ireland ($2.7), Italy ($2.5), France ($1.5), and Israel ($1.2).
- The balance with Switzerland shifted from a deficit of $2.3 billion in May to a surplus of $2.9 billion in June. Exports increased $4.5 billion to $6.5 billion and imports decreased $0.7 billion to $3.5 billion.
- The deficit with Taiwan decreased $4.5 billion to $14.9 billion in June. Exports increased $0.1 billion to $4.6 billion and imports decreased $4.4 billion to $19.5 billion.
- The deficit with South Korea increased $3.0 billion to $7.4 billion in June. Exports decreased $1.4 billion to $6.9 billion and imports increased $1.6 billion to $14.3 billion.
All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not seasonally adjusted statistics and details for goods on a Census basis, are available in exhibits 1-20b of this release. For information on data sources, definitions, and revision procedures, see the explanatory notes in this release. The full release can be found 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 Briefing Room at www.census.gov/economic-indicators/ or on BEA’s website at www.bea.gov/news/schedule.
Next release: September 3, 2026
U.S. International Trade in Goods and Services, July 2026
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