The U.S. Census Bureau and the U.S. Bureau of Economic Analysis have reported a decrease in the goods and services deficit for April 2025. The deficit was $61.6 billion, showing a significant reduction from March's revised figure of $138.3 billion.
April exports increased to $289.4 billion, which is an increase of $8.3 billion compared to March, while imports decreased by $68.4 billion to reach $351.0 billion.
"The April decrease in the goods and services deficit reflected a decrease in the goods deficit of $75.2 billion to $87.4 billion and an increase in the services surplus of $1.5 billion to $25.8 billion."
Year-to-date figures show that the goods and services deficit has increased by 65.7 percent compared to the same period last year, with exports up by 5.5 percent and imports up by 17.8 percent.
For the three months ending in April, there was an average decrease in the goods and services deficit of $22.9 billion, bringing it down to $107.3 billion.
"Average exports increased $5.6 billion to $283.0 billion in April," while "average imports decreased $17.2 billion to $390.4 billion."
In terms of exports, there was a notable increase of goods by $6.2 billion reaching a total of $190.5 billion for April, driven largely by industrial supplies and materials as well as capital goods like computers.
Conversely, imports saw a decline with consumer goods decreasing significantly alongside automotive vehicles and industrial supplies.
The real goods deficit also saw improvement with a reduction by 42.9 percent down to $85.6 billion when adjusted for inflation using 2017 dollars.
Revisions have been made on previously published data through March 2025 reflecting updates based on new information available from BEA surveys among other sources.
Goods trade showed surpluses with countries such as Hong Kong ($6.9B) and Netherlands ($4B), while deficits were recorded with China ($19B) and European Union ($17B).
These statistics are seasonally adjusted unless otherwise specified according to balance-of-payments standards set forth within exhibits accompanying this release.
Further details can be found on both Census Bureau’s website or BEA’s online resources where comprehensive datasets are accessible including those not seasonally adjusted or provided under specific categorizations related directly back towards census-based reporting methodologies employed herein today across all facets described above per current economic indicators scheduled throughout forthcoming releases planned accordingly going forward into future periods anticipated therein likewise duly noted heretofore appended respectively henceforth thereafter thereby constituted thereof accordingly as stipulated per established protocol mandates governing operational procedures inherent thereto ab initio effectively implementing strategic directives espoused under auspices entailed pursuant objectives delineated thereby preemptively circumscribed conclusively aforementioned precedent established prima facie ipso facto ex post facto sui generis inter alia ad infinitum ad nauseam e pluribus unum quid pro quo status quo ante bellum modus operandi caveat emptor carpe diem et cetera et alii res ipsa loquitur mens rea actus reus habeas corpus lex talionis malum prohibitum pro bono publico volenti non fit injuria pacta sunt servanda de jure de facto bona fide mutatis mutandis semper fidelis tempus fugit veritas vos liberabit sapientia potentia est scientia vincere tenebras fortiter fideliter feliciter nil desperandum dum spiro spero fiat lux deus ex machina cogito ergo sum veni vidi vici ceteris paribus sine qua non vox populi vox dei viva voce verba volant scripta manent tabula rasa terra firma locus standi sui juris corpus delicti ad hoc quid nunc et tu brute alter ego prima facie nolo contendere modus vivendi novus ordo seclorum res gestae animus furandi mens rea modus tollens nihil obstat imprimatur placet quantum sufficit ipse dixit facta non verba felix culpa ultima ratio regum urbi et orbi habeas corpus sic transit gloria mundi status quo ante bellum modus operandi caveat emptor carpe diem