U.S. international trade in goods and services, June 2025

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced that the goods and services deficit was $60.2 billion in June, down $11.5 billion from $71.7 billion in May, revised.

U.S. International Trade in Goods and Services Deficit
Deficit:	$60.2 Billion	–16.0%°
Exports:	$277.3 Billion	–0.5%°
Imports:	$337.5 Billion	–3.7%°
Next release: Thursday, September 4, 2025 (°) 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 5, 2025

June exports were $277.3 billion, $1.3 billion less than May exports. June imports were $337.5 billion, $12.8 billion less than May imports.

The June decrease in the goods and services deficit reflected a decrease in the goods deficit of $11.4 billion to $85.9 billion and an increase in the services surplus of $0.1 billion to $25.7 billion.

Year-to-date, the goods and services deficit increased $161.5 billion, or 38.3 percent, from the same period in 2024. Exports increased $82.2 billion or 5.2 percent. Imports increased $243.7 billion or 12.1 percent.

Three-Month Moving Averages (exhibit 2)

The average goods and services deficit decreased $26.0 billion to $64.0 billion for the three months ending in June.

• Average exports decreased $1.3 billion to $282.2 billion in June.
• Average imports decreased $27.3 billion to $346.2 billion in June.

Year-over-year, the average goods and services deficit decreased $9.8 billion from the three months ending in June 2024.

• Average exports increased $15.6 billion from June 2024.
• Average imports increased $5.8 billion from June 2024.

Exports (exhibits 3, 6, and 7)

Exports of goods decreased $1.2 billion to $179.1 billion in June.

• Exports of goods on a Census basis decreased $1.3 billion.
• Industrial supplies and materials decreased $4.8 billion.
• Finished metal shapes decreased $4.6 billion.
• Nonmonetary gold decreased $2.0 billion.
• Capital goods increased $2.0 billion.
• Excavating machinery increased $1.6 billion.
• Civilian aircraft increased $0.8 billion.
• Computer accessories decreased $1.2 billion.
• Consumer goods increased $1.0 billion.
• Pharmaceutical preparations increased $1.6 billion.

Net balance of payments adjustments increased $0.1 billion.

Exports of services decreased $0.2 billion to $98.2 billion in June.

• Travel decreased $0.2 billion.

Imports (exhibits 4, 6, and 8)

Imports of goods decreased $12.6 billion to $265.0 billion in June.

• Imports of goods on a Census basis decreased $12.6 billion.
• Consumer goods decreased $8.4 billion.
• Pharmaceutical preparations decreased $9.6 billion.
• Industrial supplies and materials decreased $2.7 billion.
• Crude oil decreased $1.0 billion.
• Nuclear fuel materials decreased $0.4 billion.
• Other petroleum products increased $0.5 billion.
• Automotive vehicles, parts, and engines decreased $1.3 billion.
• Passenger cars decreased $1.1 billion.

Net balance of payments adjustments increased less than $0.1 billion.

• Imports of services decreased $0.2 billion to $72.5 billion in June.
• Travel decreased $0.2 billion.
  
• Transport decreased $0.2 billion.
• Other business services increased $0.1 billion.

Real Goods in 2017 Dollars – Census Basis (exhibit 11)

The real goods deficit decreased $8.7 billion, or 9.3 percent, to $84.6 billion in June, compared to an 11.8 percent decrease in the nominal deficit.

Real exports of goods decreased $2.2 billion, or 1.5 percent, to $145.8 billion, compared to a 0.7 percent decrease in nominal exports.

Real imports of goods decreased $11.0 billion, or 4.5 percent, to $230.4 billion, compared to a 4.6 percent decrease in nominal imports.

Revisions

Revisions to May exports

• Exports of goods were revised up $0.1 billion.
• Exports of services were revised down $0.4 billion.

Revisions to May imports

• Imports of goods were revised down $0.1 billion.
• Imports of services were revised down $0.1 billion.

Goods by Selected Countries and Areas: Monthly – Census Basis (exhibit 19)

The June figures show surpluses, in billions of dollars, with Netherlands ($6.2), South and Central America ($4.4), United Kingdom ($2.2), Australia ($1.6), Hong Kong ($1.6), Brazil ($1.3), Saudi Arabia ($0.3), Singapore ($0.2), and Belgium ($0.1). Deficits were recorded, in billions of dollars, with Mexico ($16.3), Vietnam ($16.2), Taiwan ($12.9), European Union ($9.5), China ($9.4), Japan ($5.7), South Korea ($5.5), Ireland ($5.3), India ($5.3), Germany ($4.0), Malaysia ($3.1), Italy ($1.6), Canada ($1.3), France ($0.7), Israel ($0.1), and Switzerland (less than $0.1).

• The deficit with Ireland decreased $6.5 billion to $5.3 billion in June. Exports decreased $0.2 billion to $1.4 billion and imports decreased $6.7 billion to $6.7 billion.
• The deficit with China decreased $4.6 billion to $9.4 billion in June. Exports increased $3.1 billion to $10.1 billion and imports decreased $1.4 billion to $19.4 billion.
• The balance with Switzerland shifted from a surplus of $3.3 billion in May to a deficit of less than $0.1 billion in June. Exports decreased $2.4 billion to $4.1 billion and imports increased $0.9 billion to $4.1 billion.

All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified.