BREAKING: The US' goods trade deficit narrowed +$6.5 billion, or +11%, in September, to -$52.8 billion, the lowest since June 2020.

The value of US exports jumped +$8.4 billion, or +3%, to $289.3 billion, the 2nd-highest in history.

At the same time, imports increased +$1.9 billion, or +0.6%, to $342.1 billion.

Since March 2025, the goods trade deficit has improved by +$83.6 billion, or +61%.

Adjusted for inflation, the merchandise trade deficit narrowed to -$79 billion in September, the lowest in nearly 5 years.

The US trade deficit is shrinking.