US February trade balance -57.30 billion vs -61.00 billion expected

  • US trade balance data for February 2026
trade balance
  • Prior -54.50 billion
  • Exports 314.8 billion vs 302.2 billion prior
  • Imports 372.1 billion vs 356.9 billion prior

The February increase in the goods and services deficit reflected an increase in the goods deficit of $2.5 billion to $84.6 billion and a decrease in the services surplus of $0.2 billion to $27.3 billion.

Year-to-date, the goods and services deficit decreased $136.1 billion, or 54.8 percent, from the same period in 2025. Exports increased $62.6 billion or 11.3 percent. Imports decreased $73.5 billion or 9.2 percent.

US trade balance

The US International Trade in Goods and Services report, commonly known as the trade balance report, is a monthly economic indicator jointly released by the US Census Bureau and the Bureau of Economic Analysis. It measures the difference between the monetary value of exports and imports.

A positive value indicates a trade surplus, while a negative value - a consistent reality for the U.S. since 1975 - represents a trade deficit. The report is a critical component for calculating gross domestic product and provides insight into consumer demand, manufacturing health, and the US dollar’s strength in global markets.

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