美国9月贸易逆差收窄至1050亿美元：出口增长1.9%快于进口
美国商务部经济分析局（BEA）与美国人口普查局11月4日联合发布数据：美国9月商品与服务贸易逆差为1050亿美元，较8月修正后的1057亿美元减少7亿美元。逆差收窄的原因是出口增幅大于进口：9月出口3215亿美元，增长1.9%（增加58亿美元）；进口4266亿美元，增长1.2%（增加52亿美元）。
分项看，9月商品贸易逆差减少7亿美元至1359亿美元，服务贸易顺差减少不到1亿美元至309亿美元。商品出口增加51亿美元至2110亿美元，其中资本货物出口增加38亿美元（计算机增加13亿美元）、食品饲料与饮料增加19亿美元（大豆增加13亿美元），工业用品减少10亿美元（非货币黄金减少34亿美元、原油增加12亿美元）。商品进口增加44亿美元至3469亿美元，资本货物进口大增（按人口普查口径增加116亿美元，其中计算机增加76亿美元、计算机配件增加57亿美元、半导体减少12亿美元），消费品进口增加24亿美元（药品制剂增加29亿美元）。服务出口增加7亿美元至1105亿美元，服务进口增加8亿美元至797亿美元。
今年前九个月累计，美国商品与服务贸易逆差较2025年同期减少924亿美元，降幅12.2%；同期出口增加2973亿美元（增长11.6%），进口增加2049亿美元（增长6.2%）。
按国家与地区看（人口普查口径），9月美国逆差最大的几个来源为：墨西哥287亿美元、越南253亿美元、台湾219亿美元（较8月增加36亿美元）、中国179亿美元、欧盟142亿美元（增加32亿美元）；对加拿大逆差减少27亿美元至44亿美元。美国对荷兰、南美洲和中美洲、英国、香港等地保持顺差。下一期（10月）贸易数据定于12月8日发布。
（来源：美国经济分析局）
U.S. Trade Deficit Narrows to $105.0 Billion in September as Exports Rise 1.9%
The U.S. Bureau of Economic Analysis and the U.S. Census Bureau reported on November 4 that the U.S. goods and services trade deficit was $105.0 billion in September, down $0.7 billion from a revised $105.7 billion in August. The deficit narrowed because exports rose more than imports: September exports were $321.5 billion, up 1.9 percent ($5.8 billion), while imports were $426.6 billion, up 1.2 percent ($5.2 billion).
The September decrease reflected a $0.7 billion drop in the goods deficit to $135.9 billion and a decrease of less than $0.1 billion in the services surplus to $30.9 billion. Exports of goods rose $5.1 billion to $211.0 billion, with capital goods up $3.8 billion (computers up $1.3 billion) and foods, feeds and beverages up $1.9 billion (soybeans up $1.3 billion), while industrial supplies fell $1.0 billion as nonmonetary gold dropped $3.4 billion. Imports of goods rose $4.4 billion to $346.9 billion; capital goods imports jumped $11.6 billion on a Census basis (computers up $7.6 billion, computer accessories up $5.7 billion, semiconductors down $1.2 billion) and consumer goods rose $2.4 billion, led by pharmaceutical preparations, up $2.9 billion. Exports of services rose $0.7 billion to $110.5 billion and imports of services rose $0.8 billion to $79.7 billion.
Year to date, the goods and services deficit has decreased $92.4 billion, or 12.2 percent, from the same period in 2025, with exports up $297.3 billion (11.6 percent) and imports up $204.9 billion (6.2 percent).
On a Census basis, the largest September deficits were with Mexico ($28.7 billion), Vietnam ($25.3 billion), Taiwan ($21.9 billion, up $3.6 billion), China ($17.9 billion) and the European Union ($14.2 billion, up $3.2 billion), while the deficit with Canada fell $2.7 billion to $4.4 billion. The next release, covering October, is scheduled for December 8.
(Source: U.S. Bureau of Economic Analysis)
来源：美国经济分析局
发布：GSM·美国（发布链接）
图片来源：图：位于华盛顿的美国商务部总部 Herbert C. Hoover 大楼，经济分析局隶属商务部。美国国会图书馆藏照片，公共领域，经 Wikimedia Commons（GSM 联邦机构固定图库）。 / Photo: The Herbert C. Hoover Building in Washington, headquarters of the U.S. Department of Commerce, home of the Bureau of Economic Analysis. Library of Congress photograph, public domain, via Wikimedia Commons (GSM federal fixed image library).
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