Official Publication Edition · GDP
Source-grounded publication
The May increase in the goods and services deficit reflected an increase in the goods deficit of $11.2 billion to $97.5 billion and a decrease in the services surplus of $0.1 billion to $26.0 billion.
Year-to-date, the goods and services deficit increased $175.0 billion, or 50.4 percent, from the same period in 2024.
Source
U.S. International Trade in Goods and Services, May 2025
Sections
Publication sections
Key evidence
The source reports an amount on a billion scale for the stated scope in the generic-text section: Exports of goods on a Census basis decreased $10.8 billion. The source directly compares reported values for the stated scope in the generic-text section: Exports of services decreased $0.2 billion to $98.8 billion in May. The source reports an amount on a billion scale for the stated scope in the generic-text section: Year-over-year, the average goods and services deficit increased $18.8 billion from the three months ending in May 2024.
The source reports an amount on a billion scale for the stated scope in the generic-text section: Imports increased $248.7 billion or 14.8 percent. The source reports an amount on a billion scale for the stated scope in the generic-text section: $71.5 Billion The source directly compares reported values for the stated scope in the generic-text section: Imports of goods decreased $0.2 billion to $277.7 billion in May.
The source directly compares reported values for the stated scope in the generic-text section: May exports were $279.0 billion, $11.6 billion less than April exports. The source directly compares reported values for the stated scope in the generic-text section: The average goods and services deficit decreased $16.8 billion to $90.0 billion for the three months ending in May. The source directly compares reported values for the stated scope in the generic-text section: Exports of goods decreased $11.4 billion to $180.2 billion in May.
The source directly compares reported values for the stated scope in the generic-text section: Bureau of Economic Analysis announced today that the goods and services deficit was $71.5 billion in May, up $11.3 billion from $60.3 billion in April, revised. The source reports an amount on a billion scale for the stated scope in the generic-text section: Imports of goods on a Census basis decreased $0.3 billion.
The source reports an amount on a billion scale for the stated scope in the generic-text section: Exports increased $73.6 billion or 5.5 percent. The source directly compares reported values for the stated scope in the generic-text section: May imports were $350.5 billion, $0.3 billion less than April imports.
Verified evidence
Publication data points
| Label | Value | Unit | Period |
|---|---|---|---|
| Year-to-date, the goods and services deficit increased $175.0 billion, or 50.4 percent, from the same period in 2024. | 175 | billion | — |
| $350.5 Billion | 350.5 | billion | — |
| Exports of goods on a Census basis decreased $10.8 billion. | 10.8 | billion | — |
| Year-over-year, the average goods and services deficit increased $18.8 billion from the three months ending in May 2024. | 18.8 | billion | — |
| Imports increased $248.7 billion or 14.8 percent. | 248.7 | billion | — |
| $71.5 Billion | 71.5 | billion | — |
| Imports of goods on a Census basis decreased $0.3 billion. | 0.3 | billion | — |
| Exports increased $73.6 billion or 5.5 percent. | 73.6 | billion | — |
Source and methodology
Source: the retained official publication. Method: normalized statements from section generic-text presented as reported, without recomputation.
Caveats
- Evidence boundary: This edition is limited to claims retained from the linked official publication.
Corrections
Correction state: none