US advance goods trade balance $-108.23 billion versus $-95.9 billion estimate

• Prior month $-94.22 billion

Advance International Trade in Goods

• International trade deficit was $108.2 billion in September, up $14.0 billion from August

• Exports of goods for September were $174.2 billion, $3.6 billion less than August exports

• Imports of goods for September were $282.4 billion, $10.4 billion more than August imports

This is likely a result of the dock workers strike expecations. Companies imported early in anticipation of the strike. That strike was solved and as a result expect lower deficits going forward. Nevertheless, the deficit was the largest going back to the pandemic and the other port strikes.

This article was written by Greg Michalowski at www.forexlive.com.