Prior month $-94.22 billion
Advance International Trade in Goods
International trade deficit was $108.2 billion in September, up $14.0 billion from August
Exports of goods for September were $174.2 billion, $3.6 billion less than August exports
Imports of goods for September were $282.4 billion, $10.4 billion more than August imports
This is likely a result of the dock workers strike expecations. Companies imported early in anticipation of the strike. That strike was solved and as a result expect lower deficits going forward. Nevertheless, the deficit was the largest going back to the pandemic and the other port strikes.
This article was written by Greg Michalowski at www.forexlive.com.
