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Official Publication Edition · GDP

Source-grounded publication

Exports increased $185.7 billion or 6.3 percent.

Imports of services decreased $0.1 billion to $76.3 billion in November.

Published
Release date
PublisherBureau of Economic Analysis

Source

U.S. International Trade in Goods and Services, November 2025

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Sections

Publication sections

Key evidence

The source directly compares reported values for the stated scope: The real goods deficit increased $23.5 billion, or 36.9 percent, to $87.1 billion in November, compared to a 47.3 percent increase in the nominal deficit. The source reports an amount on a billion scale for the stated scope: Imports of goods on a Census basis increased $16.5 billion. The source directly compares reported values for the stated scope: Exports of services increased $0.2 billion to $106.4 billion in November.

The source reports an amount on a billion scale for the stated scope: Net balance of payments adjustments increased $0.3 billion. The source directly compares reported values for the stated scope: The November increase in the goods and services deficit reflected an increase in the goods deficit of $27.9 billion to $86.9 billion and an increase in the services surplus of $0.3 billion to $30.1 billion.

The source reports an amount on a billion scale for the stated scope: Year-to-date, the goods and services deficit increased $32.9 billion, or 4.1 percent, from the same period in 2024. The source directly compares reported values for the stated scope: November imports were $348.9 billion, $16.8 billion more than October imports. The source reports an amount on a billion scale for the stated scope: Net balance of payments adjustments decreased less than $0.1 billion.

The source reports an amount on a billion scale for the stated scope: Imports increased $218.6 billion or 5.8 percent. The source reports an amount on a billion scale for the stated scope: Year-over-year, the average goods and services deficit decreased $33.8 billion from the three months ending in November 2024. The source directly compares reported values for the stated scope: Bureau of Economic Analysis announced today that the goods and services deficit was $56.8 billion in November, up $27.6 billion from $29.2 billion in October, revised.

The source directly compares reported values for the stated scope: Exports of goods decreased $11.1 billion to $185.6 billion in November. The source directly compares reported values for the stated scope: The average goods and services deficit increased $0.4 billion to $44.7 billion for the three months ending in November.

Verified evidence

Publication data points

Verified numeric data points from this publication
LabelValueUnitPeriod
Exports increased $185.7 billion or 6.3 percent.185.7billion
Imports of goods on a Census basis increased $16.5 billion.16.5billion
Net balance of payments adjustments increased $0.3 billion.0.3billion
Year-to-date, the goods and services deficit increased $32.9 billion, or 4.1 percent, from the same period in 2024.32.9billion
Net balance of payments adjustments decreased less than $0.1 billion.0.1billion
Imports increased $218.6 billion or 5.8 percent.218.6billion
Year-over-year, the average goods and services deficit decreased $33.8 billion from the three months ending in November 2024.33.8billion
Exports of goods on a Census basis decreased $11.1 billion.11.1billion
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

Exports increased $185.7 billion or 6.3 percent. | THE FILE