October 2018 trade balance data

  • Largest deficit since 2008

  • Prior was -$54.0B (revised to $54.6B)

  • Exports -0.1%

  • Imports +0.2%

  • Goods deficit $78.11B

  • Services surplus $22.62B

  • US-China October deficit $43.1B vs $40.24B prior

  • OPEC deficit $2.45B vs $1.98B prior

  • Capital goods imports $56.91B vs $60.06B prior