📈 U.S. Trade Balance 2024: $879B Total Deficit, $292B Services Surplus and $1,171B Goods Deficit

The U.S. recorded a total trade deficit of $879 billion in the 12 months ending November 2024 (TTM). This figure comprises a $292 billion services trade surplus offset by a $1,171 billion goods trade deficit. The total trade deficit increased by 11.1% from $791 billion in November 2023 (TTM).