U.S. International Trade in Goods and Services, January 2026

January 2026
-$54.5 B
December 2025
-$72.9 B

The U.S. monthly international trade deficit decreased in January 2026 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $72.9 billion in December (revised) to $54.5 billion in January, as exports increased and imports decreased. The goods deficit decreased $17.5 billion in January to $81.8 billion. The services surplus increased $1.0 billion in January to $27.3 billion.

  • Current release: March 12, 2026
  • Next release: April 2, 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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