The US trade deficit in August reached $105.6 billion, the highest in over a year

  • Date: Oct 09, 2026
  • Comments: no comments
  • Categories: News
Washington, October 6 (Xinhua) — The US Department of Commerce released data on the 6th local time, showing that the US trade deficit in goods and services in August rose to $105.6 billion, the highest value since March 2025.
Data shows that the import value of the United States in August was $420.8 billion, an increase of 4.3% compared to the previous month; The export value of the United States in August was 315.2 billion US dollars, an increase of 1.4% compared to the previous month. In August, the US goods and services trade deficit reached $105.6 billion, a month on month increase of 13.7%, higher than market expectations. Among them, the trade deficit in goods increased by 12.8 billion US dollars to 136.6 billion US dollars; The trade surplus in services increased by $100 million to $31 billion. From January to August this year, the trade deficit decreased by 19.9% compared to the same period last year, with exports increasing by 11.8% and imports increasing by 4.4%.
In that month, the United States had trade deficits in goods with Mexico, Vietnam, China, and the European Union of $27.7 billion, $24 billion, $16.4 billion, and $11 billion, respectively.
According to US media analysis, the significant increase in the US trade deficit in August was mainly driven by the increase in imports of goods in the field of artificial intelligence, including semiconductors, computers, and computer accessories. In addition, the import volume of crude oil and non monetary gold in the United States also saw a significant increase in the month.
According to the calculation method of Gross Domestic Product (GDP), the import amount will be deducted from GDP, so the growth of imports is not conducive to GDP data. Experts believe that the increase in the August deficit is not good news for the third quarter economic data of the United States, but the current increase in imports is driven by goods in the artificial intelligence field, indicating strong domestic demand rather than economic weakness in the United States.

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