FX.co ★ US Trade Deficit Widens

In May 2025, the United States experienced an increase in its trade deficit, with the gap expanding to $71.5 billion from a revised $60.3 billion in April. Exports saw a decline of 4%, reaching $279 billion down from a record $290.5 billion in April, with notable decreases in nonmonetary gold, natural gas, and finished metal shapes. Imports, on the other hand, dipped slightly by 0.1% to $350.5 billion, marking a seven-month low, largely due to reduced purchases of computer accessories and finished metal shapes. The European Union saw the most significant trade deficit with the US, widening to $22.5 billion from $17.9 billion in April. The trade gap with Mexico increased sharply to $17.1 billion from $13.5 billion. Deficits also rose with Canada ($2.8 billion, up from $2 billion) and Vietnam ($14.9 billion, up from $14.5 billion). In contrast, the deficit with China decreased to $14 billion, down from $19.7 billion.