BELLINGS

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

The U.S. goods and services trade deficit increased in July 2026 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $71.2 billion in June (revised) to $88.6 billion in July, as imports increased and exports decreased. The…

The U.S. goods and services trade deficit increased in July 2026 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $71.2 billion in June (revised) to $88.6 billion in July, as imports increased and exports decreased. The…

BELLINGS Intelligence Score: 65

Why it matters

The July 2026 U.S. trade deficit widening significantly signals a deterioration in the external balance, which can influence monetary policy expectations amid ongoing systemic stress and geopolitical tensions, making it a meaningful macroeconomic signal for credit markets.

Sources

  • Bureau of Economic Analysis

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

    The U.S. goods and services trade deficit increased in July 2026 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $71.2 billion in June (revised) to $88.6 billion in July, as imports increased and exports decreased. The…

  • U.S. Census Bureau Economic Indicators

    U.S. International Trade in Goods and Services

    The nation's international trade deficit in goods and services increased to $88.6 billion in July from $71.2 billion in June (revised), as exports decreased and imports increased. July 2026: 24.4° % Change June 2026 (r): -6.0° % Change