ArmInfo. The US trade deficit widened by 32.6% in December compared to the previous month, reaching $70.3 billion, the Commerce Department reported.
In November, according to revised data, the trade deficit was $53 billion, down from the previously reported $56.8 billion.
Analysts surveyed by Trading Economics, on average, expected a decline to $55.5 billion from the previously reported November level.
Exports in December decreased by 1.7% to $287.3 billion. Of these, goods exports decreased by $5.5 billion to $180.8 billion. Non-monetary gold exports decreased by $7.1 billion, while pharmaceutical exports increased by $1.3 billion.
Service exports increased by $0.5 billion to $106.5 billion.
Imports increased for the second month in a row, by 3.6%, reaching their highest level since July, $357.6 billion. Purchases of goods increased by $10.2 billion to $280.2 billion, and services by $2 billion to $77.4 billion. Oil imports rose by $1 billion, copper by $1.5 billion, and pharmaceutical imports fell by $4.6 billion.
The goods trade deficit in December widened by $15.7 billion to $99.3 billion, while the services surplus narrowed by $1.6 billion to $29 billion.
The goods trade deficit with Taiwan widened by $4.1 billion to $19.8 billion. The trade surplus with Switzerland narrowed by $8 billion to $0.1 billion.
For all of 2025, the overall US trade deficit narrowed by $2.1 billion (0.2%) to $901.5 billion. Exports grew by 6.2% to $3.43 trillion. Imports increased by 4.8% to a record $4.33 trillion.
