February Trade Deficit Narrows on Higher Exports, Lower Imports

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February Trade Deficit Narrows on Higher Exports, Lower Imports

, MT Newswires - 8:44 AM ET 4/3/2025 default

08:44 AM EDT, 04/03/2025 (MT Newswires) -- The US international trade deficit narrowed to $122.66 billion in February from a $130.65 billion gap in January, compared with the $123.5 billion gap expected in a survey compiled by Bloomberg as of 7:40 am ET.

Exports rose in the month, while imports fell.

Exports of industrial supplies, capital goods, auto supplies and consumer goods all increased but exports of food and beverages decreased.

Imports of industrial supplies and food and beverages both decreased in February, while imports of consumer goods, capital goods and auto supplies increased.

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