US International Trade Deficit Narrows in February

The deficit could decrease further in coming months as a result of recently announced tariffs on foreign imports, analysts say.

Shipping containers are stacked at the Port of Long Beach in Long Beach, Calif., on March 4, 2025. Frederic J. Brown/AFP via Getty Images

The U.S. trade deficit for February narrowed down month-over-month, with exports rising and imports registering a slight decline, according to the latest data from the Census Bureau.

“The goods and services deficit was $122.7 billion in February, down $8.0 billion from $130.7 billion in January,” the agency said in an April 3 statement.