Macro EconomyMedium•6 October 2026•
1 min read
US Trade Deficit Widens to $105.6 Billion in August
Key Facts
1The US goods and services trade deficit widened by 13.7% to $105.6 billion in August.
2Imports rose 4.3% to $420.8 billion, driven by industrial supplies and capital goods.
3Exports grew by 1.4% to $315.2 billion, supported by gold, crude oil, and technology products.
The US goods and services trade deficit widened by 13.7% to $105.6 billion in August. According to the Bureau of Economic Analysis, the deficit exceeded consensus estimates of $102.0 billion and surpassed the revised July figure of $92.8 billion.
Imports rose 4.3% to $420.8 billion, driven by a $9.1 billion increase in industrial supplies, including gains in crude oil and nonmonetary gold. Exports grew by a more modest 1.4% to $315.2 billion, supported by gold, crude oil, and technology products, though a $2.4 billion decline in pharmaceutical exports limited the overall gain.