The US trade deficit declined to $40.6 billion in October, according to official statistics. The total amount of trade (imports plus exports) conducted with the US rose $4.4 billion to $426.0 billion, as exports reached an all time high. The US's largest trade surplus in goods was with Hong Kong, which imported $2.8 billion more from the US than it exported, down from $3.2 billion last month. The largest US trade deficit was with China, which declined $2.0 billion to $28.9 billion.
US trade with to $ billion in October, and the US's to $