美国9月贸易逆差降至五年多来最低水平 商品出口激增

Core Insights - The U.S. trade deficit unexpectedly narrowed in September, reaching its lowest level in over five years, driven by accelerated export growth and only a slight increase in imports, indicating that trade may have contributed to economic growth in Q3 [1][4]. Trade Deficit Data - The trade deficit decreased by 10.9% in September, falling to $52.8 billion, the lowest since June 2020 [1][4]. - Economists had predicted the trade deficit would widen to $63.3 billion, but the report was delayed due to a 43-day government shutdown [1][4]. Export and Import Performance - U.S. exports rose by 3.0% in September, reaching $289.3 billion, with goods exports surging by 4.9% to $187.6 billion, and consumer goods exports hitting a record high [1][4]. - Imports increased by 0.6% to $342.1 billion, with goods imports also rising by 0.6% to $266.6 billion; however, imports of cars, parts, and engines fell to the lowest level since November 2022 [1][4]. Economic Impact - The narrowing of the trade deficit is seen as a potential boost to the U.S. GDP growth, which was previously estimated at an annualized rate of 3.5% for Q3 by the Atlanta Federal Reserve [2][6]. - In Q1, trade had a record negative impact on U.S. GDP, dragging it down by 4.68 percentage points, but this was fully offset in Q2, contributing to GDP growth [2][5].