Business

US Trade Deficit Narrows Sharply to Lowest Level Since 2009

The United States continued to see improvements in deficits and surpluses with major trading partners.
US Trade Deficit Narrows Sharply to Lowest Level Since 2009
Shipping containers line the Port of Long Beach, Calif., on March 28, 2025. John Fredricks/The Epoch Times
Andrew Moran
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The U.S. trade deficit narrowed sharply in October 2025, falling to its lowest level in 16 years, according to new data from the Bureau of Economic Analysis released on Jan. 8.

The gap in goods and services declined by 39 percent from the previous month to $29.4 billion, the smallest monthly deficit since June 2009.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."