US advanced goods trade balance for October -$89.84 billion vs. -$86.4 billion estimate

  • US advance good trade balance for October 2023
Advanced good trade balance
  • Prior month $-85.78 billion
  • The international trade deficit in October was $89.8 billion, an increase of $3.0 billion from September's $86.8 billion. The estimate was $86.4 billion
  • October exports were valued at $170.8 billion, which is $3.0 billion lower than exports in September.
  • Imports in October stood at $260.7 billion, remaining almost unchanged from September's import figures.

The trend has moved back to the upside after 2 months of more tame deficits. An increase in the deficit is a negative for GDP.

Top Brokers

Sponsored

General Risk Warning