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Official Publication Edition · GDP

Source-grounded publication

Exports increased $28.4 billion or 10.4 percent.

January imports were $356.6 billion, $2.6 billion less than December imports.

Published
Release date
PublisherBureau of Economic Analysis

Source

U.S. International Trade in Goods and Services, January 2026

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Sections

Publication sections

Key evidence

The source directly compares reported values for the stated scope: The average goods and services deficit increased $7.8 billion to $61.1 billion for the three months ending in January. The source directly compares reported values for the stated scope: Bureau of Economic Analysis announced today that the goods and services deficit was $54.5 billion in January, down $18.4 billion from $72.9 billion in December, revised.

The source directly compares reported values for the stated scope: The January decrease in the goods and services deficit reflected a decrease in the goods deficit of $17.5 billion to $81.8 billion and an increase in the services surplus of $1.0 billion to $27.3 billion. The source reports an amount on a billion scale for the stated scope: Year-over-year, the average goods and services deficit decreased $40.6 billion from the three months ending in January 2025.

The source directly compares reported values for the stated scope: Imports of goods decreased $2.8 billion to $277.3 billion in January. The source reports an amount on a billion scale for the stated scope: Imports of goods on a Census basis decreased $3.0 billion. The source directly compares reported values for the stated scope: Exports of goods increased $14.6 billion to $195.5 billion in January.

The source directly compares reported values for the stated scope: The real goods deficit decreased $14.0 billion, or 14.3 percent, to $83.9 billion in January, compared to an 18.0 percent decrease in the nominal deficit. The source reports an amount on a billion scale for the stated scope: Imports decreased $45.5 billion or 11.3 percent. The source reports an amount on a billion scale for the stated scope: Exports of goods on a Census basis increased $14.8 billion.

The source reports an amount on a billion scale for the stated scope: Year-over-year, the goods and services deficit decreased $73.9 billion, or 57.6 percent, from January 2025. The source reports an amount on a billion scale for the stated scope: Net balance of payments adjustments decreased $0.1 billion. The source directly compares reported values for the stated scope: January exports were $302.1 billion, $15.8 billion more than December exports.

Verified evidence

Publication data points

Verified numeric data points from this publication
LabelValueUnitPeriod
Exports increased $28.4 billion or 10.4 percent.28.4billion
Year-over-year, the average goods and services deficit decreased $40.6 billion from the three months ending in January 2025.40.6billion
Imports of goods on a Census basis decreased $3.0 billion.3billion
Imports decreased $45.5 billion or 11.3 percent.45.5billion
Exports of goods on a Census basis increased $14.8 billion.14.8billion
Year-over-year, the goods and services deficit decreased $73.9 billion, or 57.6 percent, from January 2025.73.9billion
Net balance of payments adjustments decreased $0.1 billion.0.1billion
Net balance of payments adjustments increased $0.1 billion.0.1billion
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