U.S. International Trade Deficit Widens to $60.3 Billion in March
The U.S. trade deficit increased to $60.3 billion in March 2026 as imports grew faster than exports. The goods deficit expanded by $4.1 billion while the services surplus improved slightly by $1.6 billion.
Trade Deficit Expands
The U.S. monthly international trade deficit increased in March 2026 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $57.8 billion in February (revised) to $60.3 billion in March, as imports increased more than exports.
Goods vs. Services
The goods deficit increased $4.1 billion in March to $88.7 billion. The services surplus increased $1.6 billion in March to $28.4 billion. The widening deficit reflects ongoing import pressures despite efforts to boost domestic production and reduce reliance on foreign goods.
Economic Context
The March deficit comes as the U.S. economy faces continued trade imbalances related to tariff policies and global supply chain dynamics affecting import and export flows.