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U.S. Trade Deficit Drops to Lowest Since 2009

1/13/2026

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Summary

Story summary

In October 2026, the United States trade deficit for goods and services fell to $29.4 billion, the lowest monthly deficit since June 2009.
Imports declined 3.2% in October 2026.
Exports rose 2.6%, supporting goals set by the Trump administration.
Despite October’s improvement, the January–October 2026 trade deficit rose 7.7% year over year.

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Story summary

In October 2026, the United States trade deficit for goods and services fell to $29.4 billion, the lowest monthly deficit since June 2009.
Imports declined 3.2% in October 2026.
Exports rose 2.6%, supporting goals set by the Trump administration.
Despite October’s improvement, the January–October 2026 trade deficit rose 7.7% year over year.