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

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $105.6 billion in August, up $12.7 billion from $92.8 billion in July, revised.

Exports, Imports, and Balance (exhibit 1)

August exports were $315.2 billion, $4.5 billion more than July exports. August imports were $420.8 billion, $17.2 billion more than July imports.

The August increase in the goods and services deficit reflected an increase in the goods deficit of $12.8 billion to $136.6 billion and an increase in the services surplus of less than $0.1 billion to $31.0 billion.

Year-to-date, the goods and services deficit decreased $138.2 billion, or 19.9 percent, from the same period in 2025. Exports increased $267.7 billion or 11.8 percent. Imports increased $129.5 billion or 4.4 percent.

Three-Month Moving Averages (exhibit 2)

The average goods and services deficit increased $9.9 billion to $89.9 billion for the three months ending in August.

• Average exports decreased $1.6 billion to $314.4 billion in August.
• Average imports increased $8.3 billion to $404.3 billion in August.

Year-over-year, the average goods and services deficit increased $25.4 billion from the three months ending in August 2025.

• Average exports increased $31.1 billion from August 2025.
• Average imports increased $56.5 billion from August 2025.

Exports (exhibits 3, 6, and 7)

Exports of goods increased $4.4 billion to $205.7 billion in August.

  Exports of goods on a Census basis increased $4.2 billion.

• Industrial supplies and materials increased $6.3 billion.
  • Nonmonetary gold increased $2.3 billion.
  • Crude oil increased $2.0 billion.
  • Fuel oil increased $1.2 billion.
• Capital goods increased $1.3 billion.
  • Semiconductors increased $1.0 billion.
  • Computers increased $0.9 billion.
  • Computer accessories increased $0.9 billion.
  • Civilian aircraft decreased $1.0 billion.
• Consumer goods decreased $2.2 billion.
  • Pharmaceutical preparations decreased $2.4 billion.

  Net balance of payments adjustments increased $0.3 billion.

Exports of services increased less than $0.1 billion to $109.5 billion in August.

• Charges for the use of intellectual property increased $0.2 billion.
• Other business services increased $0.1 billion.
• Travel decreased $0.2 billion.
• Financial services decreased $0.1 billion.

Imports (exhibits 4, 6, and 8)

Imports of goods increased $17.2 billion to $342.2 billion in August.

  Imports of goods on a Census basis increased $17.4 billion.

• Industrial supplies and materials increased $9.1 billion.
  • Crude oil increased $3.3 billion.
  • Nonmonetary gold increased $3.1 billion.
• Capital goods increased $6.2 billion.
  • Semiconductors increased $2.4 billion.
  • Other industrial machinery increased $1.3 billion.
  • Computer accessories decreased $1.6 billion.

  Net balance of payments adjustments decreased $0.2 billion.

Imports of services increased less than $0.1 billion to $78.5 billion in August.

• Transport increased $0.4 billion.
• Charges for the use of intellectual property decreased $0.2 billion.
• Travel decreased $0.1 billion.

Real Goods in 2017 Dollars – Census Basis (exhibit 11)

The real goods deficit increased $8.7 billion, or 8.2 percent, to $114.7 billion in August, compared to an 11.1 percent increase in the nominal deficit.

• Real exports of goods increased $1.9 billion, or 1.3 percent, to $153.0 billion, compared to a 2.1 percent increase in nominal exports.
• Real imports of goods increased $10.7 billion, or 4.1 percent, to $267.7 billion, compared to a 5.4 percent increase in nominal imports.

Revisions

Revisions to July exports

• Exports of goods were revised up $0.2 billion.
• Exports of services were revised down $0.2 billion.

Revisions to July imports

• Imports of goods were revised up $4.4 billion.
• Imports of services were revised down $0.2 billion.

Goods by Selected Countries and Areas: Monthly – Census Basis (exhibit 19)

The August figures show surpluses, in billions of dollars, with Netherlands ($7.7), South and Central America ($5.6), United Kingdom ($3.6), Hong Kong ($2.3), Brazil ($1.3), Belgium ($1.2), Australia ($0.6), and Saudi Arabia ($0.4). Deficits were recorded, in billions of dollars, with Mexico ($27.7), Vietnam ($24.0), Taiwan ($18.3), China ($16.4), European Union ($11.0), South Korea ($9.4), Canada ($7.1), India ($6.2), Germany ($6.2), Malaysia ($6.0), Italy ($4.3), Japan ($3.7), Ireland ($2.5), France ($1.4), Israel ($0.8), Switzerland ($0.4), and Singapore ($0.3).

• The deficit with Canada increased $4.1 billion to $7.1 billion in August. Exports increased $0.5 billion to $29.9 billion and imports increased $4.6 billion to $37.1 billion.
• The balance with Singapore shifted from a surplus of $1.9 billion in July to a deficit of $0.3 billion in August. Exports decreased $1.1 billion to $3.7 billion and imports increased $1.2 billion to $4.0 billion.
• The deficit with Ireland decreased $1.5 billion to $2.5 billion in August. Exports increased $0.1 billion to $1.7 billion and imports decreased $1.4 billion to $4.2 billion.

All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not seasonally adjusted statistics and details for goods on a Census basis, are available in exhibits 1-20b of this release. For information on data sources, definitions, and revision procedures, see the explanatory notes in this release. The full release can be found at www.census.gov/foreign-trade/Press-Release/current_press_release/index.html or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services. The full schedule is available in the Census Bureau’s Economic Briefing Room at www.census.gov/economic-indicators/ or on BEA’s website at www.bea.gov/news/schedule.

Next release: November 4, 2026
U.S. International Trade in Goods and Services, September 2026