Khaberni - The US trade deficit sharply decreased in October 2025, recording its lowest level since mid-2009 along with a drop in imports, a trend that if continued could help reinforce economic growth again in the last quarter of the year.
The Economic Analysis Bureau and the Statistics Office of the US Department of Commerce reported today, Thursday, that the trade gap shrunk by 39.0 percent to reach $29.4 billion, its lowest level since June 2009, according to CNN.
Imports decreased by 3.2 percent to $331.4 billion, and goods imports fell by 4.5 percent to reach $255 billion, the lowest level since June 2023.
The goods trade deficit decreased by 24.5 percent to $59.1 billion, the lowest level since March 2016, and both exports and imports of services reached their highest levels ever.
The trade deficit experienced significant fluctuations under Trump's protectionist trade policy, and trade contributed to GDP growth in the second and third quarters of 2025.
The Federal Reserve Bank of Atlanta currently forecasts an annual GDP growth rate of 2.7 percent in the fourth quarter.
The economy grew at a rate of 4.3 percent from July to September.
