U.S. monthly trade deficit hits lowest level since 2009

Xinhua :

U.S. trade deficit in goods and services in October 2025 saw a month-on-month decrease for the third consecutive month in a row and reached the lowest monthly trade gap since June 2009, according to data issued by the U.S. Department of Commerce on Thursday.

Driven by higher exports and lower imports in goods, the United States posted a 29.4 billion U.S.-dollar trade deficit in October 2025, down 39 percent from the previous month.

In particular, U.S. exports of goods and services grew 2.6 percent month on month to 302 billion dollars, while the imports of goods and services shrank 3.2 percent to 331.4 billion dollars.

U.S. exports of non-monetary gold and other precious metals increased by 6.8 billion dollars and 3.6 billion dollars, respectively, according to official data.

Meanwhile, U.S. imports of consumer goods dropped 14 billion dollars month on month due to a significant fall in imports of pharmaceutical preparations. The imports of industrial supplies and materials dipped by 2.7 billion dollars in the month, while the imports of capital goods increased by 6.8 billion dollars.

Moreover, the U.S. trade deficit in the first ten months of 2025 added 56 billion dollars or 7.7 percent from the same period of 2024.