U.S. Trade Deficit Widens to $77.6 Billion in May as Exports Decrease and Imports Increase

The U.S. goods and services deficit expanded to $77.6 billion in May 2026, an increase of $23.0 billion from the revised April figure of $54.6 billion. This widening of the deficit was driven by a $10.5 billion decrease in exports to $317.7 billion and a $12.5 billion increase in imports to $395.3 billion. The goods deficit specifically rose by $23.6 billion to $106.5 billion, while the services surplus saw a modest increase of $0.6 billion to $28.9 billion.