|
Month of August 2025 saw declining trade gap by -23.8 %
U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES
The U.S. Economy saw higher demand for its products and services as the exports rose to 280.8 billion, narrowing the Trade deficit in August 2025, after widening in July 2025, as the consumption of foreign produced goods declined. In August 2025 the U.S. Commerce Department announced that, nations trade gap dropped by -23.8 %. Growing exports, the narrowing trade deficit, will eventually contribute to the GDP growth, but the decrease in consumption of energy-related petroleum products, suggest that the economy could be slowing, economists said.
|
 |
Economists said the data showed that higher gasoline prices are not just an inflation threat but can constrain economic growth.
The U.S. trade deficit with China narrowed to $-16.9 billion in August 2025 from the deficit of $-17.1 billion recorded in July 2025, led by declining imports from China.
Growth in China and other developing nations have also down shifted, cutting into demand for U.S. goods.
• Imports of Crude Oil
|
|
|
|
|
|
|
-18.59%
|
-0.98%
|
-6.31%
|
-6.80%
|
0.31%
|
-0.35%
|
0.77%
|
0.35%
|
Imports |
|
Imports |
|
Imports |
|
Imports |
|
|
In August 2025 nations trade gap dropped by -5.12 %, the largest drop came from imports of Industrial supplies, materials and Passenger Fares. Bucking the overall trend, imports of miscellaneous other goods, Royalties and License Fees, grew.
Dreams that U.S. exports can drive the economy forward without consumer spending are not realistic, noted by some economists.
The price of a barrel of oil rose to $64.2 a barrel in August 2025. Imports of petroleum decreased by $0.03 billion, to $15.8 billion, in August 2025. The U.S. imported 6.1 million barrels a day in August 2025, down from 6.3 million in the prior month. U.S. Imports of services increased 0.36 %, but weakining demand for foreign made goods, posted a drag on imports, goods accounted for 77.7 %, of total imports in August 2025, they declined by -6.58 %.
• U.S. Exports by Major Category
|
Higher petroleum consumption in the U.S., has resulted in higher imports from OPEC Countries, such as Saudi Arabia and Venezuela. Imports from europe fell, where trade with Switzerland fell the most, but trade with Belgium grew by 28.06 %. Imports from Mexico and Canada where lower in August 2025. U.S. Demand for goods from Pacific Rim Countries fell with -60.62 % decline of imports from Australia, but imports of goods from Hong Kong grew.
U.S. trade gap dropped by -15.4 % from Aug. 2024, due to 3.34 % increase in exports.
The Commerce Department announced, that U.S. exports increased a slim 0.08 % in August 2025 $280.8 billion, demonstrating the trend of strong business environment, exports of Capital goods, except automotive grew and Travel services, which accounted for 1.37 % of total exports, demonstrating the trend of strong business environment, exports of Capital goods, except automotive grew . Bucking the overall trend, exports of Consumer goods and Passenger Fares declined by -0.62 %. American exporters have been helped by a foreign-exchange rate, a weaker dollar makes U.S. goods cheaper in other countries. U.S. Exports of services increased 0.75 %, but weakining sales of the U.S. goods abroad, posted a drag on exports, goods accounted for 63.7 %, of total exports in August 2025, they declined by -0.3 %.
Exports to europe improved, as trade with Norway grew the most, up 104.69 %, but exports to France fell by -22.60 %.
Products made in U.S. have seen declining demand form Pacific Rim Countries with -60.62 % decline of exports to Australia, but exports of goods to Hong Kong grew.
• U.S. Imports by Major Countries
|
Exports to Selected Geographical Region
|
| Technology
Group Exports |
Technology
Group Imports |
Technology
Group Trade Balance |
Total Technology Group exports
deacreased by $0
millions or
0.00 % to $49,622
millions from July 2025
, despitea decrease in exports of Aerospace goods by
0.00 % to $15,335
millions from July 2025. Exports of Information
and Communication goods
fell by $0
millions or
0.00 % to $16,225
millions.
|
Total Technology Group imports
deacreased by $0
millions or
0.00 % to $69,682
millions from July 2025
, despite a decrease in imports of Electronics goods by
0.00 % to $6,268
millions from July 2025. Imports of Information
and Communication goods
fell by $0
millions or
0.00 % to $42,177
millions.
• Imports by Technology Group
|
Total
Technology Group trade
deficit fell by $0 millions or 0.00 % to $20,059 millions from
deficit of $20,059
millions July 2025. Information and Communications
trade
deficit fell by $0 millions or 0.00 % to $25,952 millions from
deficit of $25,952
millions July 2025.
• Trade Balance by Technology Group
|
| Technology
Group Exports |
Total Technology Group exports
deacreased by $0
millions or
0.00 % to $49,622
millions from July 2025
, despitea decrease in exports of Aerospace goods by
0.00 % to $15,335
millions from July 2025. Exports of Information
and Communication goods
fell by $0
millions or
0.00 % to $16,225
millions.
|
| Technology
Group Imports |
Total Technology Group imports
deacreased by $0
millions or
0.00 % to $69,682
millions from July 2025
, despite a decrease in imports of Electronics goods by
0.00 % to $6,268
millions from July 2025. Imports of Information
and Communication goods
fell by $0
millions or
0.00 % to $42,177
millions.
• Imports by Technology Group
|
| Technology
Group Trade Balance |
Total Technology Group exports
deacreased by $0
millions or
0.00 % to $49,622
millions from July 2025
, despitea decrease in exports of Aerospace goods by
0.00 % to $15,335
millions from July 2025. Exports of Information
and Communication goods
fell by $0
millions or
0.00 % to $16,225
millions.
|
U.S. International Trade in Goods & Services
(In millions $)
U.S. International Trade
in Goods & Services (In millions $) |
Aug. 2025
|
July 2025
|
June 2025
|
May 2025
|
April 2025
|
March 2025
|
| Total Trade Balance |
|
-59,550 |
-78,154 |
-60,177 |
-71,517 |
-61,617 |
-138,316 |
| Trade Balance of Goods |
|
-85,608 |
-103,723 |
-85,879 |
-97,511 |
-87,414 |
-162,572 |
| Trade Balance of Services |
|
26,058 |
25,569 |
25,702 |
25,994 |
25,797 |
24,255 |
| Total Exports |
|
280,832 |
280,602 |
277,298 |
279,000 |
289,370 |
281,074 |
| Exports of Goods |
|
179,019 |
179,549 |
179,113 |
180,207 |
190,490 |
184,266 |
| Exports of Services |
|
101,813 |
101,053 |
98,186 |
98,793 |
98,880 |
96,809 |
| Total Imports |
|
340,382 |
358,756 |
337,475 |
350,517 |
350,987 |
419,391 |
| Imports of Goods |
|
264,627 |
283,272 |
264,992 |
277,718 |
277,904 |
346,837 |
| Imports of Services |
|
75,755 |
75,484 |
72,483 |
72,799 |
73,083 |
72,554 |
U.S. Trade Balance by Selected Countries and Areas
( In millions $)
U.S. Trade Balance by Selected Countries and Areas
( In millions $) |
Aug. 2025
|
July 2025
|
June 2025
|
May 2025
|
April 2025
|
March 2025
|
| Total Goods |
|
-84,249 |
-117,979 |
-86,681 |
-94,634 |
-87,917 |
-152,004 |
| North America |
|
-18,114 |
-22,380 |
-18,083 |
-20,922 |
-16,282 |
-22,092 |
| Canada |
|
-2,218 |
-6,004 |
-1,313 |
-2,757 |
-2,258 |
-3,473 |
| Mexico |
|
-15,896 |
-16,375 |
-16,770 |
-18,165 |
-14,023 |
-18,619 |
| Europe |
|
-5,222 |
-19,135 |
-8,117 |
-14,780 |
-13,432 |
-61,914 |
| European Union |
|
-6,641 |
-11,921 |
-9,925 |
-21,887 |
-19,157 |
-47,563 |
| Austria |
|
-829 |
-1,080 |
-938 |
-919 |
-764 |
-1,109 |
| Belgium |
|
1,096 |
732 |
159 |
498 |
947 |
7 |
| Czech Republic |
|
-289 |
-472 |
-378 |
-395 |
-420 |
-335 |
| Finland |
|
-321 |
-670 |
-383 |
-440 |
-395 |
-564 |
| France |
|
-1,011 |
-881 |
-961 |
-286 |
-2,367 |
-3,474 |
| Germany |
|
-4,179 |
-6,274 |
-3,760 |
-6,832 |
-5,828 |
-7,525 |
| Hungary |
|
-569 |
-847 |
-643 |
-870 |
-682 |
-932 |
| Ireland |
|
-2,954 |
-2,560 |
-5,276 |
-11,816 |
-9,453 |
-29,325 |
| Italy |
|
-1,787 |
-3,103 |
-1,861 |
-2,586 |
-3,499 |
-4,314 |
| Netherlands |
|
5,065 |
4,767 |
6,206 |
4,766 |
4,844 |
4,484 |
| Poland |
|
201 |
-95 |
-100 |
-82 |
275 |
-253 |
| Spain |
|
900 |
606 |
683 |
62 |
561 |
-81 |
| Sweden |
|
-176 |
-519 |
-304 |
-516 |
-671 |
-1,274 |
| United Kingdom |
|
789 |
1,064 |
2,201 |
3,300 |
4,368 |
1,689 |
| Other E.U. |
|
-1,789 |
-1,525 |
-2,370 |
-2,472 |
-1,706 |
-2,868 |
| Norway |
|
-36 |
-284 |
39 |
-180 |
-384 |
-248 |
| Russia |
|
-156 |
-303 |
-353 |
-488 |
-447 |
-473 |
| Switzerland |
|
543 |
-7,912 |
53 |
4,244 |
2,140 |
-14,401 |
| Other Europe |
|
279 |
221 |
-132 |
231 |
47 |
-917 |
| Euro Area |
|
-4,895 |
-9,113 |
-7,057 |
-18,995 |
-16,778 |
-43,721 |
| Pacific Rim Countries |
|
-39,289 |
-47,179 |
-35,291 |
-36,460 |
-34,487 |
-42,980 |
| Australia |
|
1,636 |
-548 |
1,696 |
1,521 |
1,196 |
-942 |
| China |
|
-16,861 |
-17,113 |
-9,505 |
-13,941 |
-17,185 |
-17,926 |
| Japan |
|
-4,936 |
-5,584 |
-5,164 |
-4,879 |
-6,716 |
-6,169 |
| Malaysia |
|
-1,605 |
-2,572 |
-3,072 |
-2,355 |
-2,347 |
-3,485 |
| Philippines |
|
-921 |
-635 |
-565 |
-715 |
-488 |
-641 |
| Newly Industrialized Countries
(NICS) |
|
259 |
167 |
132 |
315 |
887 |
379 |
| Hong Kong |
|
1,548 |
1,706 |
1,854 |
3,236 |
5,966 |
1,942 |
| Korea |
|
-4,427 |
-5,224 |
-5,818 |
-6,041 |
-3,832 |
-6,331 |
| Singapore |
|
1,432 |
-346 |
144 |
444 |
956 |
526 |
| Taiwan |
|
-13,181 |
-14,569 |
-2,058 |
-11,658 |
-9,580 |
-7,760 |
| Other Pacific Rim |
|
-55 |
-135 |
-174 |
-194 |
-117 |
-147 |
| South/Central America |
|
5,581 |
3,484 |
4,332 |
3,439 |
2,540 |
3,865 |
| Argentina |
|
86 |
272 |
-3,072 |
188 |
224 |
319 |
| Brazil |
|
1,682 |
350 |
-565 |
587 |
1,070 |
756 |
| Chile |
|
301 |
-312 |
-153 |
-186 |
-695 |
-134 |
| Colombia |
|
182 |
33 |
231 |
75 |
-96 |
251 |
| Other South/Central America |
|
3,205 |
3,005 |
2,742 |
2,710 |
2,069 |
2,946 |
| OPEC |
|
- |
- |
- |
- |
- |
- |
| Indonesia |
|
-1,920 |
-2,159 |
-2,058 |
-1,879 |
-2,340 |
-2,048 |
| Nigeria |
|
388 |
206 |
280 |
115 |
-121 |
256 |
| Saudi Arabia |
|
-408 |
-708 |
120 |
-65 |
-865 |
-931 |
| Venezuela |
|
126 |
138 |
-79 |
65 |
-32 |
-273 |
| Other OPEC |
|
- |
- |
- |
- |
- |
- |
| Africa |
|
492 |
-1,169 |
-302 |
157 |
22 |
-209 |
| Algeria |
|
-253 |
-133 |
-76 |
-81 |
-46 |
-83 |
| Egypt |
|
819 |
557 |
398 |
556 |
407 |
480 |
| South Africa |
|
-400 |
-1,423 |
-360 |
-132 |
-330 |
-787 |
| Other Africa |
|
-62 |
-376 |
-544 |
-301 |
112 |
-76 |
| Other Countries |
|
-26,373 |
-30,686 |
-28,208 |
-24,938 |
-25,855 |
-27,895 |
| India |
|
-4,040 |
-5,765 |
-5,348 |
-5,615 |
-6,070 |
-7,422 |
| Thailand |
|
259 |
167 |
132 |
315 |
887 |
379 |
| Other |
|
-6,085 |
-6,682 |
-6,197 |
-5,227 |
-5,224 |
-5,221 |
U.S. Imports by Major Category
( In millions $)
Imports by Major Category
( In millions $) |
Aug. 2025
|
July 2025
|
June 2025
|
May 2025
|
April 2025
|
March 2025
|
| Total |
|
340,382 |
358,756 |
337,475 |
350,517 |
350,987 |
419,391 |
| Total Services |
|
75,755 |
75,484 |
72,483 |
72,799 |
73,083 |
72,554 |
| Travel |
|
634 |
632 |
706 |
717 |
631 |
526 |
| Passenger Fares |
|
13,041 |
13,173 |
12,556 |
12,730 |
13,170 |
13,632 |
| Other Transportation |
|
15,909 |
15,828 |
15,228 |
15,544 |
15,819 |
15,504 |
| Royalties and License Fees |
|
189 |
185 |
350 |
343 |
330 |
310 |
| Other Private Services |
|
8,551 |
8,486 |
8,541 |
8,508 |
8,442 |
8,343 |
| Transfers Under U.S. Military
Sales Contracts |
|
5,755 |
5,737 |
5,542 |
5,524 |
5,512 |
5,440 |
| U.S. Government Misc.
Services |
|
4,735 |
4,719 |
4,462 |
4,427 |
4,357 |
4,252 |
| Total Goods
|
|
264,627 |
283,272 |
264,992 |
277,718 |
277,904 |
346,837 |
| Foods, feeds, and beverages |
|
16,905 |
18,501 |
18,062 |
18,336 |
18,485 |
19,331 |
| Industrial supplies and materials |
|
49,572 |
60,890 |
48,373 |
51,094 |
51,961 |
75,264 |
| Capital goods, except automotive |
|
92,787 |
96,188 |
91,493 |
90,905 |
90,630 |
93,475 |
| Automotive vehicles, parts, and
engines |
|
34,517 |
33,914 |
35,325 |
36,689 |
33,240 |
41,535 |
| Consumer goods |
|
55,134 |
58,845 |
57,588 |
65,942 |
69,897 |
102,855 |
| Other goods |
|
13,590 |
12,844 |
12,097 |
12,716 |
11,727 |
12,132 |
Exports by Technology Group
( In millions $)
Exports by Technology Group (
In millions $) |
Aug. 2025
|
July 2025
|
June 2025
|
May 2025
|
April 2025
|
March 2025
|
| Total Technology Group |
|
49,622 |
49,622 |
46,936 |
44,976 |
43,434 |
44,970 |
| Advanced Materials |
|
352 |
352 |
397 |
337 |
398 |
431 |
| Aerospace |
|
15,335 |
15,335 |
14,307 |
12,635 |
13,267 |
13,996 |
| Biotechnology |
|
5,948 |
5,948 |
6,782 |
6,550 |
4,530 |
5,025 |
| Electronics |
|
5,930 |
5,930 |
5,690 |
5,770 |
5,825 |
6,219 |
| Flexible Manufacturing |
|
1,372 |
1,372 |
1,627 |
1,317 |
1,845 |
1,687 |
| Information and Communications |
|
16,225 |
16,225 |
13,033 |
14,169 |
12,965 |
12,996 |
| Life Science |
|
3,272 |
3,272 |
3,602 |
3,169 |
3,422 |
3,594 |
| Nuclear Technology |
|
143 |
143 |
90 |
72 |
110 |
115 |
| Opto-Electronics |
|
600 |
600 |
750 |
563 |
567 |
642 |
| Weapons |
|
446 |
446 |
658 |
393 |
504 |
266 |
Annual Report on U.S. International Trade in Goods & Services
(In millions $)
U.S. International Trade
in Goods & Services (In millions $) |
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
| Total Trade Balance |
|
-917,835 |
-840,421 |
-891,827 |
-859,133 |
-678,742 |
-576,865 |
| Trade Balance of Goods |
|
-1,212,989 |
-1,152,288 |
-1,111,962 |
-1,090,682 |
-915,797 |
-864,331 |
| Trade Balance of Services |
|
295,154 |
311,867 |
220,136 |
231,549 |
237,055 |
287,466 |
| Total Exports |
|
3,190,606 |
3,291,345 |
2,749,555 |
2,528,537 |
2,131,899 |
2,528,262 |
| Exports of Goods |
|
2,083,247 |
2,208,776 |
1,916,280 |
1,761,967 |
1,434,768 |
1,652,437 |
| Exports of Services |
|
1,107,358 |
1,082,566 |
833,277 |
766,570 |
697,131 |
875,825 |
| Total Imports |
|
4,108,441 |
4,131,765 |
3,641,384 |
3,387,670 |
2,810,641 |
3,105,127 |
| Imports of Goods |
|
3,296,236 |
3,361,063 |
3,028,244 |
2,852,649 |
2,350,564 |
2,516,767 |
| Imports of Services |
|
812,205 |
770,702 |
613,141 |
535,021 |
460,076 |
588,359 |
|