July 2026 US trade gap widens as imports outpace exports
In July 2026, the U.S. trade deficit widened to $88.6 billion as imports rose and exports fell (exports $310.7B, imports $399.3B; goods deficit $119.6B; services surplus $31.0B). Exports fell by $6.6B from June and imports rose by $10.8B. Year-to-date, the deficit declined 29.6% versus 2025, with revisions to January–June 2026 data and a three-month moving average showing an $78.5B deficit. The release includes country and commodity detail and notes adjustments for gold and other items; next release is October 6, 2026.