US foreign trade deficit reached 17-month peak in August

The US foreign trade deficit increased by 13.7 percent on a monthly basis in August, reaching 105.6 billion dollars, reaching its highest level in 17 months.

The US Department of Commerce announced foreign trade data for August.

Accordingly, the country's foreign trade deficit increased by 13.7 percent on a monthly basis in August, reaching 105.6 billion dollars, and reached its highest level since March 2025.

Market expectation was that the foreign trade deficit would be 100.8 billion dollars in this period. Foreign trade deficit data for July was revised as 92.8 billion dollars.

The country's exports increased by 1.4 percent in August compared to the previous month, reaching 315.2 billion dollars. US imports also increased by 4.3 percent, reaching 420.8 billion dollars and reaching a record level.

The US deficit to Canada increased by 4.1 billion dollars in August, reaching 7.1 billion dollars, while the deficit to Ireland decreased by 1.5 billion dollars to 2.5 billion dollars.

The country's other trade partners with the highest deficit in August are Mexico ($27.7 billion), Vietnam ($24 billion), Taiwan ($18.3 billion), China ($16.4 billion), European Union ($11 billion), South Korea ($9.4 billion), India ($6.2 billion), Germany ($6.2 billion), Malaysia ($6 billion), Italy ($4.3 billion), Japan ($3.7 billion), France ($1.4 billion), Israel (791 million dollars). dollars), Switzerland ($402 million) and Singapore ($289 million).

The main trade partners with which the USA had a foreign trade surplus during the said period were the Netherlands ($7.7 billion), South and Central America ($5.6 billion), the United Kingdom ($3.6 billion), Hong Kong ($2.3 billion), Brazil ($1.3 billion), Belgium ($1.2 billion), Australia ($647 million) and Saudi Arabia ($406 million).