U.S. International Trade in Goods and Services, November 2025

November 2025
-$56.8 B
October 2025
-$29.2 B

The U.S. goods and services trade deficit increased in November 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $29.2 billion in October (revised) to $56.8 billion in November, as exports decreased and imports increased. The goods deficit increased $27.9 billion in November to $86.9 billion. The services surplus increased $0.3 billion in November to $30.1 billion.

  • Current release: January 29, 2026
  • Next release: February 19, 2026

What is Trade in Goods and Services?

Trade in goods and services between U.S. residents and residents of other countries each month. U.S. sales are exports and U.S. purchases are imports. The difference between the exports and imports is the trade balance. 

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