BREAKING: The US' goods trade deficit widened by -$27.6 billion, or -95%, in November, to -$56.8 billion, the highest since July.
This marks the largest monthly increase since 1992.
This comes as the value of all US goods and services exports fell -$10.9 billion, to $292.1 billion, the lowest since September.
At the same time, imports jumped +$16.8 billion, to $332.1 billion, the highest since July.
This was driven particularly by a surge of inbound shipments of pharmaceuticals and a decline in gold exports.
However, since March 2025, the goods trade deficit has improved by +$79.6 billion, or +58%.
Adjusted for inflation, the merchandise trade deficit widened to -$87.1 billion in November, the largest in 4 months.
US trade remains extremely volatility.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BREAKING: The US' goods trade deficit widened by -$27.6 billion, or -95%, in November, to -$56.8 billion, the highest since July.
This marks the largest monthly increase since 1992.
This comes as the value of all US goods and services exports fell -$10.9 billion, to $292.1 billion, the lowest since September.
At the same time, imports jumped +$16.8 billion, to $332.1 billion, the highest since July.
This was driven particularly by a surge of inbound shipments of pharmaceuticals and a decline in gold exports.
However, since March 2025, the goods trade deficit has improved by +$79.6 billion, or +58%.
Adjusted for inflation, the merchandise trade deficit widened to -$87.1 billion in November, the largest in 4 months.
US trade remains extremely volatility.