U.S. international trade deficit up $13.6 billion in September

November 12, 2024

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced that the goods and services deficit was $84.4 billion in September, up $13.6 billion from $70.8 billion in August.

September exports were $267.9 billion, $3.2 billion less than August exports. September imports were $352.3 billion, $10.3 billion more than August imports.

The September increase in the goods and services deficit reflected an increase in the goods deficit of $14.2 billion to $109.0 billion and an increase in the services surplus of $0.6 billion to $24.6 billion.

The September figures show surpluses, in billions of dollars, with South and Central America ($3.5), Netherlands ($3.2), Hong Kong ($2.2), United Kingdom ($1.4), Australia ($1.4), Singapore ($1.3), Brazil ($1.1), and Belgium ($0.3).

Deficits were recorded, in billions of dollars, with China ($26.9), European Union ($23.8), Mexico ($16.0), Vietnam ($12.2), Ireland ($9.3), Taiwan ($7.0), Germany ($7.0), Canada ($5.7), South Korea ($5.7), Japan ($5.3), India ($3.4), Italy ($3.4), Switzerland ($2.3), Malaysia ($2.1), France ($1.1), Israel ($0.8), and Saudi Arabia ($0.2).