Official Publication Edition · GDP
Source-grounded publication
Exports of services increased $0.6 billion to $85.3 billion in October.
$258.8 Billion
Source
U.S. International Trade in Goods and Services, October 2023
Sections
Publication sections
Key evidence
The source reports an amount on a billion scale for the stated scope in the generic-text section: Exports increased $28.0 billion or 1.1 percent. 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 decreased $11.1 billion from the three months ending in October 2022.
The source directly compares reported values for the stated scope in the generic-text section: The October increase in the goods and services deficit reflected an increase in the goods deficit of $3.5 billion to $89.8 billion and an increase in the services surplus of $0.4 billion to $25.5 billion. The source directly compares reported values for the stated scope in the generic-text section: October exports were $258.8 billion, $2.6 billion less than September exports.
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 increased $0.2 billion. 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 $2.5 billion. The source directly compares reported values for the stated scope in the generic-text section: October imports were $323.0 billion, $0.5 billion more than September imports.
The source reports an amount on a billion scale for the stated scope in the generic-text section: $323.0 Billion The source directly compares reported values for the stated scope in the generic-text section: Exports of goods decreased $3.2 billion to $173.5 billion in October. The source reports an amount on a billion scale for the stated scope in the generic-text section: Net balance of payments adjustments decreased $0.7 billion.
The source directly compares reported values for the stated scope in the generic-text section: The average goods and services deficit decreased $0.2 billion to $61.3 billion for the three months ending in October. The source reports an amount on a billion scale for the stated scope in the generic-text section: Imports decreased $133.4 billion or 4.0 percent.
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 $64.3 billion in October, up $3.1 billion from $61.2 billion in September, revised.
Verified evidence
Publication data points
| Label | Value | Unit | Period |
|---|---|---|---|
| $258.8 Billion | 258.8 | billion | — |
| Year-to-date, the goods and services deficit decreased $161.4 billion, or 19.8 percent, from the same period in 2022. | 161.4 | billion | — |
| Exports increased $28.0 billion or 1.1 percent. | 28 | billion | — |
| Year-over-year, the average goods and services deficit decreased $11.1 billion from the three months ending in October 2022. | 11.1 | billion | — |
| Imports of goods on a Census basis increased $0.2 billion. | 0.2 | billion | — |
| Exports of goods on a Census basis decreased $2.5 billion. | 2.5 | billion | — |
| $323.0 Billion | 323 | billion | — |
| Net balance of payments adjustments decreased $0.7 billion. | 0.7 | 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