| The U.S. trade deficit increased to $57.3 billion in February 2026 from a revised $54.7 billion, but came in lower than market expectations of $59.2 billion. Exports rose 4.2% to a record high of $314.8 billion, driven mainly by higher shipments of nonmonetary gold and natural gas. Imports also grew, rising 4.3% to $372.1 billion, the highest level in eleven months, led by products such as computers, vehicles, crude oil, semiconductors, pharmaceuticals, and intellectual property-related charges. Among trading partners, the largest trade gap was with Taiwan, followed by Mexico, Vietnam, and China. Meanwhile, the trade deficit with the European Union and Canada narrowed compared to the previous month, according to the Bureau of Economic Analysis. Powered by Commodity Insights |