- Prior month -$55.9B revised to $-54.6 billion
- Trade balance -$77.6BB vs $-78.5B est.
- Good trade balance $-105.89B vs -$105.8B preliminary and prior month -$83.01B last month.
- Exports were $317.7 billion, $10.5 billion less than April exports. .
- Imports were $395.3 billion, $12.5 billion more than April imports
Other details:
- The May increase in the goods and services deficit reflected an increase in the goods deficit of $23.6 billion to $106.5 billion and an increase in the services surplus of $0.6 billion to $28.9 billion.
- Year-to-date, the goods and services deficit decreased $203.9 billion, or 40.6 percent, from the same period in 2025. Exports increased $164.7 billion or 11.7 percent. Imports decreased $39.2 billion or 2.1 percent.
Details of imports showed:
Imports of goods increased $12.3 billion to $317.0 billion in May.
Imports of goods on a Census basis increased $12.1 billion.
- Consumer goods increased $3.5 billion.
- Pharmaceutical preparations increased $1.9 billion.
- Cell phones and other household goods increased $1.0 billion.
- Industrial supplies and materials increased $3.1 billion.
- Crude oil increased $1.5 billion.
- Automotive vehicles, parts, and engines increased $2.2 billion.
- Passenger cars increased $1.0 billion.
- Other goods increased $1.4 billion.
- Capital goods increased $1.1 billion.
- Computer accessories increased $1.2 billion.
- Semiconductors increased $1.0 billion.
- Computers decreased $3.4 billion.
Details of Exports showed:
Exports of goods decreased $11.3 billion to $210.6 billion in May.
Exports of goods on a Census basis decreased $11.6 billion.
- Industrial supplies and materials decreased $5.5 billion.
- Nonmonetary gold decreased $6.2 billion.
- Other precious metals decreased $1.3 billion.
- Natural gas decreased $1.1 billion.
- Crude oil increased $2.0 billion.
- Capital goods decreased $3.5 billion.
- Computers decreased $2.1 billion.
- Computer accessories decreased $2.0 billion.
- Consumer goods decreased $2.1 billion.
- Pharmaceutical preparations decreased $0.9 billion.
This article was written by Greg Michalowski at investinglive.com.