美国9月贸易逆差意外大幅收窄至近五年新低 出口飙升为主因

Core Insights - The U.S. trade deficit in September significantly narrowed to $52.8 billion, the smallest since mid-2020, driven by a surge in exports [1][2] - Exports rose by 3% to reach the second-highest level on record, primarily due to substantial increases in non-monetary gold and pharmaceutical exports [1] - Imports experienced a modest growth of 0.6%, indicating a favorable trade balance that could support GDP growth in the third quarter [1][2] Trade Data Summary - The September trade deficit decreased by nearly 11% month-over-month, falling below market expectations of $63.1 billion [1] - Adjusted for inflation, the goods trade deficit narrowed to $79 billion, marking the lowest level in five years [1] - The export of consumer goods, excluding price factors, reached a historical high, showcasing strong demand [1] Import and Export Dynamics - Notably, non-monetary gold exports hit a record high, reversing previous concerns over tariff-induced import spikes [2] - There was a significant rebound in pharmaceutical imports, while capital equipment and automobile imports declined, alongside a general weakening in consumer goods imports such as mobile phones and appliances [1][2]