Market brief · Economy & rates

U.S. International Trade in Goods and Services, July 2026

The U.S. goods and services trade deficit increased in July 2026 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $71.2 billion in June (revised) to $88.6 billion in July, as imports increased and exports decreased. The goods deficit increased $17.6 billion in July to $119.6 billion. The services surplus increased $0.2 billion in July to $31.0 billion.