Latest US trade balance data for September - 4 November 2020
- Prior -$67.1 billion
- Exports $176.4 billion
- Imports $240.2 billion
- Exports +2.6%
- Imports +0.5%
The trade deficit narrowed slightly as exports grew at a slightly quicker pace than imports towards the end of Q3. The good news is that trade conditions are gradually improving but the virus crisis has caused the deficit to expand over the past few months:
