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![neilksethi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2252413050.png) Neil Sethi [@neilksethi](/creator/twitter/neilksethi) on x 12.3K followers
Created: 2025-04-29 13:00:52 UTC

After some moderation in the goods trade balance in February, March showed a return to a record goods trade deficit with an increase of $14bn (9.5%) bringing the deficit to $162bn, well above the expected $145bn which will create a further drag on 1Q GDP.

It is now up ~$59bn since Oct (65%). Imports were +5.0% (driven by a +27.5% jump in consumer goods) to $343bn while exports were up +1.2% (so a positive there) to $181bn (led by industrial supplies, autos, and food/feed/beverage).



![](https://pbs.twimg.com/media/GptEjSHWIAA_-id.jpg)

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**Related Topics**
[$343bn](/topic/$343bn)
[$59bn](/topic/$59bn)
[gdp](/topic/gdp)
[$145bn](/topic/$145bn)
[$162bn](/topic/$162bn)
[$14bn](/topic/$14bn)
[government spending](/topic/government-spending)
[gdp growth](/topic/gdp-growth)

[Post Link](https://x.com/neilksethi/status/1917202423908643327)