U.S. international trade deficit was up $2.7 billion in February

April 15, 2026

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced that the goods and services deficit was $57.3 billion in February, up $2.7 billion from $54.7 billion in January.

February exports were $314.8 billion, $12.6 billion more than January exports. February imports were $372.1 billion, $15.2 billion more than January imports.

The February increase in the goods and services deficit reflected an increase in the goods deficit of $2.5 billion to $84.6 billion and a decrease in the services surplus of $0.2 billion to $27.3 billion.

Year-to-date, the goods and services deficit decreased $136.1 billion, or 54.8 percent, from the same period in 2025. Exports increased $62.6 billion or 11.3 percent. Imports decreased $73.5 billion or 9.2 percent.

The February figures show surpluses, in billions of dollars, with Switzerland ($7.8), Netherlands ($6.8), Hong Kong ($6.6), United Kingdom ($5.6), South and Central America ($3.8), Singapore ($2.9), Brazil ($1.4), Australia ($0.9), Belgium ($0.8), and Saudi Arabia ($0.2).

Deficits were recorded, in billions of dollars, with Taiwan ($21.1), Mexico ($16.8), Vietnam ($16.5), China ($13.1), South Korea ($7.6), European Union ($5.1), Japan ($4.7), Malaysia ($4.0), India ($3.5), Germany ($3.3), Ireland ($2.8), France ($2.2), Italy ($1.8), Israel ($0.8), and Canada ($0.7).