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U.S. Trade Gap Narrows to $73.3B in June, Down From May
The U.S. trade deficit narrowed to $73.3 billion in June as imports fell faster than exports. The year-to-date gap is down 33.8% from 2025. Next data release is September 3.
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The U.S. goods and services deficit narrowed to $73.3 billion in June, a $4.4 billion improvement from the revised $77.6 billion shortfall in May, the Census Bureau and the Bureau of Economic Analysis reported Tuesday.
Exports fell $2.9 billion to $314.7 billion. Imports dropped $7.3 billion to $388.0 billion. The goods deficit alone shrank $3.9 billion to $102.1 billion. The services surplus widened by $0.5 billion to $28.8 billion.
Year to date, the cumulative deficit is down $189.3 billion, or 33.8%, from the same period in 2025. Exports are up $198.3 billion, or 11.7%, while imports have risen just $9 billion, or 0.4%.