Updated: 04-Aug-26 08:58 ET
| June Trade Balance |
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| Updated: 04-Aug-26 08:58 ET |
Highlights
- For June, the trade deficit narrowed to $73.3 billion (Briefing.com consensus: -$73.0 billion) from $77.6 billion in May.
- Both exports and imports declined month-over-month, but the narrowing deficit was the result of imports (-$7.3 billion) declining more than exports (-$2.9 billion).
Key Factors
- Exports of industrial supplies and materials decreased $3.3 billion.
- Imports of capital goods decreased $2.1 billion.
- Imports of consumer goods decreased $2.1 billion.
Big Picture
- The key takeaway from the report is that, while the real goods deficit narrowed to $94.5 billion in June from $99.8 billion in May, the Q2 average is still 18% greater than the Q1 average, so it will be factored in as a drag on Q2 GDP.
| Category | JUN | MAY | APR | MAR | FEB |
| Trade Deficit | -$73.3B | -$77.6B | -$54.6B | -$56.6B | -$55.0B |
| Exports | $314.7B | $317.7B | $328.2B | $318.8B | $311.8B |
| Imports | $388.0B | $395.3B | $382.8B | $375.4B | $366.8B |