US international trade deficit for May $-75.1 billion versus -$76.2 billion estimate

  • US international trade deficit for May 2024
Goods and services deficit
Goods and services deficit
  • Prior month $-74.6B
  • US international trade $-75.1B vs $-76.2 billion estimate.
  • Goods trade balance $--99.37B vs $-100.68 prior month
  • services trade surplus $25.1 billion
  • export $261.7 billion or -0.7%
  • imports $336.7 billion or -0.3%

the US trade data is in reality a trade deficit each and every month. The deficits have been rising of the late (see chart below) but is still lower (lower deficit) from May 2022 levels.

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