The trade deficit with China stands at US$31.738 billion and with the EU at US$23.281 billion.

The US trade deficit reached $131.382 billion (121.382 billion euros) in January, a figure that represents a 34% increase over the previous month and a historic record in the midst of the tariff war, according to data from the Department of Commerce.

US exports rose 1.2% month-on-month and were 4.1% higher than those recorded in January 2024. The US sold goods and services worth 269.819 billion dollars (249.282 billion euros).

But imports soared by 10% in the month and by 23.1% year-on-year, reaching a total of 401.2 billion dollars (370.664 billion euros). Thus, the American trade deficit was 96.5% higher than twelve months earlier, almost double.

Exports were affected by the rise in sales of capital goods, consumer goods and services. Sales of food and beverages, as well as other types of goods, fell.

There were also higher purchases of capital goods, consumer goods, industrial supplies and materials from abroad. In addition, more services were purchased from abroad.

The trade deficit in goods with China, the largest that the world's leading power has with other countries, increased by 27.1% and closed January at 31.738 billion dollars (29.322 billion euros). Likewise, the trade deficit with the European Union rose by 6.3%, to 23.281 billion dollars (21.509 billion euros).

Copy to clipboard Print