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Official Publication Edition · GDP

Source-grounded publication

Exports of goods increased $8.3 billion to $181.9 billion in February.

Bureau of Economic Analysis announced today that the goods and services deficit was $122.7 billion in February, down $8.0 billion from $130.7 billion in January, revised.

Published
Release date
PublisherBureau of Economic Analysis

Source

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

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Sections

Publication sections

Key evidence

The source directly compares reported values for the stated scope: The real goods deficit decreased $6.9 billion, or 4.8 percent, to $135.4 billion in February, compared to a 4.4 percent decrease in the nominal deficit. The source reports an amount on a billion scale for the stated scope: Imports of goods on a Census basis decreased $0.6 billion. The source reports an amount on a billion scale for the stated scope: Exports increased $24.0 billion or 4.6 percent.

The source reports an amount on a billion scale for the stated scope: Imports increased $141.2 billion or 21.4 percent. The source reports an amount on a billion scale for the stated scope: Net balance of payments adjustments increased $2.1 billion. The source directly compares reported values for the stated scope: The average goods and services deficit increased $14.8 billion to $117.1 billion for the three months ending in February.

The source directly compares reported values for the stated scope: February exports were $278.5 billion, $8.0 billion more than January exports. The source reports an amount on a billion scale for the stated scope: Year-over-year, the average goods and services deficit increased $50.1 billion from the three months ending in February 2024.

The source directly compares reported values for the stated scope: The February decrease in the goods and services deficit reflected a decrease in the goods deficit of $8.8 billion to $147.0 billion and a decrease in the services surplus of $0.8 billion to $24.3 billion. The source directly compares reported values for the stated scope: Exports of services decreased $0.4 billion to $96.5 billion in February.

The source reports an amount on a billion scale for the stated scope: Year-to-date, the goods and services deficit increased $117.1 billion, or 86.0 percent, from the same period in 2024. The source directly compares reported values for the stated scope: February imports were $401.1 billion, less than $0.1 billion less than January imports. The source directly compares reported values for the stated scope: Imports of goods decreased $0.5 billion to $328.9 billion in February.

Verified evidence

Publication data points

Verified numeric data points from this publication
LabelValueUnitPeriod
Imports of goods on a Census basis decreased $0.6 billion.0.6billion
Exports increased $24.0 billion or 4.6 percent.24billion
Imports increased $141.2 billion or 21.4 percent.141.2billion
Net balance of payments adjustments increased $2.1 billion.2.1billion
Year-over-year, the average goods and services deficit increased $50.1 billion from the three months ending in February 2024.50.1billion
Year-to-date, the goods and services deficit increased $117.1 billion, or 86.0 percent, from the same period in 2024.117.1billion
Exports of goods on a Census basis increased $6.2 billion.6.2billion
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