US Trade Deficit Surges 11% in May Amid Export Decline

The deficit in the US trade in goods increased unexpectedly in May. The largest decline in exports since the pandemic contributed to the development, while imports changed little.

» Published: June 26 2025

US Trade Deficit Surges 11% in May Amid Export Decline
Photo: Damian Dovarganes AP/TT

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The deficit grew 11 percent to 96.6 billion dollars in May, according to statistics from the US Department of Commerce. The average forecast among analysts was a deficit of 86.1 billion dollars.

Exports in May decreased 5.2 percent to 179.2 billion, while imports were largely unchanged at 275.8 billion.

A second calculation of the US GDP for the first quarter shows at the same time that the country's economy contracted by 0.5 percent during the period January–March. It was a larger decline than the expected 0.2 percent.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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