U.S. Bureau of Economic Analysis

The U.S. monthly international trade deficit decreased in March 2013 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $43.6 billion (revised) in February to $38.8 billion in March as imports decreased more than exports. The previously published February deficit was $43.0 billion. The goods deficit decreased $4.6 billion from February to $56.1 billion in March; the services surplus increased $0.2 billion from February to $17.3 billion.

Exports
Exports of goods and services decreased $1.7 billion in March to $184.3 billion reflecting a decrease in exports of goods. Exports of services increased.
• The decrease in exports of goods reflected decreases in nearly all major categories. The largest decrease was in foods, feeds, and beverages.
• The increase in exports of services reflected increases in several categories. The largest increase was in travel.

Imports
Imports of goods and services decreased $6.5 billion in March to $223.1 billion mostly reflecting a decrease in imports of goods. Imports of services also decreased.
• The decrease in imports of goods reflected decreases in most major categories. The largest decrease was in consumer goods.
• The decrease in imports of services was more than accounted for by a decrease in other transportation, which includes freight and port services; increases in travel and passenger fares largely offset this decrease.

Goods by geographic area (not seasonally adjusted)
• The goods deficit with Canada decreased from $2.5 billion in February to $2.3 billion in March. Exports increased $2.8 billion to $26.0 billion, while imports increased $2.6 billion to $28.3 billion.
• The goods deficit with China decreased from $23.4 billion in February to $17.9 billion in March. Exports increased $0.1 billion to $9.4 billion, while imports decreased $5.4 billion to $27.3 billion.
• The goods deficit with Mexico increased from $4.3 billion in February to $5.3 billion in March. Exports increased $0.3 billion to $18.0 billion, while imports increased $1.3 billion to $23.2 billion.

To learn more about U.S. international trade in goods and services, read the full report.

The U.S. monthly international trade deficit decreased in February 2013 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $44.5 billion (revised) in January to $43.0 billion in February as exports increased more than imports. The previously published January deficit was $44.4 billion. The goods deficit decreased $1.5 billion from January to $60.2 billion in February; the services surplus was virtually unchanged from January at $17.3 billion.

Exports
Exports of goods and services increased $1.6 billion in February to $186.0 billion mostly reflecting an increase in exports of goods. Exports of services also increased.
• The increase in exports of goods was more than accounted for by increases in industrial supplies and materials and other goods. Decreases in capital goods and consumer goods were partly offsetting.
• The increase in exports of services was mostly accounted for by increases in other transportation, which includes freight and port services, and travel.

Imports
Imports of goods and services increased $0.1 billion in February to $228.9 billion reflecting an increase in imports of services. Imports of goods decreased.
• The decrease in imports of goods was more than accounted for by a decrease in industrial supplies and materials. Increases in automotive vehicles, parts, and engines and consumer goods were partly offsetting.
• The increase in imports of services was more than accounted for by increases in other transportation, travel, and passenger fares.

Goods by geographic area (not seasonally adjusted)
• The goods deficit with Canada decreased from $4.8 billion in January to $2.6 billion in February. Exports were virtually unchanged at $23.1 billion, while imports decreased $2.2 billion to $25.7 billion.
• The goods deficit with China decreased from $27.8 billion in January to $23.4 billion in February. Exports decreased $0.1 billion to $9.3 billion, while imports decreased $4.5 billion to $32.7 billion.
• The goods deficit with Mexico increased from $3.6 billion in January to $4.3 billion in February. Exports decreased $0.3 billion to $17.7 billion, while imports increased $0.4 billion to $21.9 billion.

To learn more about U.S. international trade in goods and services, read the full report.

The U.S. monthly international trade deficit increased in January 2013, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $38.1 billion (revised) in December to $44.4 billion in January, as imports increased and exports decreased. The previously published December deficit was $38.5 billion. The goods deficit increased $5.7 billion from December to $61.8 billion in January, and the services surplus decreased $0.6 billion from December to $17.3 billion in January.

Exports
Exports of goods and services decreased $2.2 billion in January to $184.5 billion, mostly reflecting a decrease in exports of goods. Exports of services also decreased.
• The decrease in exports of goods was more than accounted for by decreases in industrial supplies and materials and other goods. An increase in capital goods was partly offsetting.
• The decrease in exports of services was more than accounted for by decreases in other transportation, which includes freight and port services and travel. An increase in other private services, which includes items such as business, professional, and technical services, insurance services, and financial services, was partly offsetting.

Imports
Imports of goods and services increased $4.1 billion in January to $228.9 billion, mostly reflecting an increase in imports of goods. Imports of services also increased.
• The increase in imports of goods was more than accounted for by increases in industrial supplies and materials, other goods, and capital goods. Decreases in consumer goods and automotive vehicles, parts, and engines were partly offsetting.
• The increase in imports of services reflected increases in travel, other transportation, passenger fares, and other private services.

Goods by geographic area (not seasonally adjusted)
• The goods deficit with Canada increased from $3.6 billion in December to $4.9 billion in January. Exports increased $0.9 billion to $23.0 billion, while imports increased $2.2 billion to $28.0 billion.
• The goods deficit with China increased from $24.5 billion in December to $27.8 billion in January. Exports decreased $1.0 billion to $9.4 billion, while imports increased $2.3 billion to $37.2 billion.
• The goods deficit with the European Union decreased from $8.7 billion in December to $8.6 billion in January. Exports decreased $1.4 billion to $20.2 billion, while imports decreased $1.5 billion to $28.9 billion.

To learn more about U.S. international trade in goods and services, read the full report.

The U.S. monthly international trade deficit decreased in December 2012, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $48.6 billion (revised) in November to $38.5 billion in December, as exports increased and imports decreased. The previously published November deficit was $48.7 billion. The goods deficit decreased $9.4 billion from November to $56.2 billion in December, and the services surplus increased $0.7 billion from November to $17.7 billion in December.

Exports
Exports of goods and services increased $3.9 billion in December to $186.4 billion, mostly reflecting an increase in exports of goods. Exports of services also increased.
• The increase in exports of goods was more than accounted for by an increase in industrial supplies and materials. Decreases in capital goods, automotive vehicles, parts, and engines, and consumer goods were partly offsetting.
• The increase in exports of services mostly reflected increases in other transportation, which includes freight and port services, other private services, which includes items such as business, professional, and technical services, insurance services, and financial services, passenger fares, and travel.

Imports
Imports of goods and services decreased $6.2 billion in December to $224.9 billion, mostly reflecting a decrease in imports of goods. Imports of services also decreased.
• The decrease in imports of goods mostly reflected decreases in industrial supplies and materials, automotive vehicles, parts and engines, and other goods.
• The decrease in imports of services was more than accounted for by decreases in travel and other transportation. Increases in passenger fares and other private services were partly offsetting.

Goods by geographic area (not seasonally adjusted)
• The goods deficit with China decreased from $29.0 billion in November to $24.5 billion in December. Exports decreased $0.2 billion to $10.4 billion, while imports decreased $4.7 billion to $34.8 billion.
• The goods deficit with the European Union decreased from $12.2 billion in November to $8.7 billion in December. Exports increased $0.2 billion to $21.6 billion, while imports decreased $3.2 billion to $30.3 billion.
• The goods deficit with Mexico decreased from $4.9 billion in November to $3.9 billion in December. Exports decreased $2.4 billion to $16.4 billion, while imports decreased $3.4 billion to $20.3 billion.

To learn more about U.S. international trade in goods and services, read the full report.

The U.S. monthly international trade deficit increased in November 2012, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $42.1 billion (revised) in October to $48.7 billion in November, as imports increased more than exports. The previously published October deficit was $42.2 billion. The goods deficit increased $6.6 billion from October to $65.7 billion in November, and the services surplus was virtually unchanged from October at $17.0 billion in November.

Exports
Exports of goods and services increased $1.7 billion in November to $182.6 billion, mostly reflecting an increase in exports of goods. Exports of services also increased.
• The increase in exports of goods was more than accounted for by increases in capital goods, automotive vehicles, parts and engines, and industrial supplies and materials.
• The increase in exports of services was more than accounted for by increases in passenger fares and travel. A decrease in other private services, which includes items such as business, professional, and technical services, insurance services, and financial services, was partly offsetting.

Imports
Imports of goods and services increased $8.4 billion in November to $231.3 billion, mostly reflecting an increase in imports of goods. Imports of services also increased.
• The increase in imports of goods mostly reflected increases in consumer goods, automotive vehicles, parts and engines, and industrial supplies and materials.
• The increase in imports of services reflected an increase in other transportation, which includes freight and port services. Smaller increases in most of the other categories of services imports also contributed.

Goods by geographic area (not seasonally adjusted)
• The goods deficit with China decreased from $29.5 billion in October to $29.0 billion in November. Exports decreased $0.2 billion to $10.6 billion, while imports decreased $0.7 billion to $39.5 billion.
• The goods deficit with Canada increased from $1.7 billion in October to $3.0 billion in November. Exports decreased $1.2 billion to $24.7 billion, while imports increased $0.1 billion to $27.7 billion.
• The goods deficit with Mexico increased from $4.4 billion in October to $4.9 billion in November. Exports decreased $1.6 billion to $18.8 billion, while imports decreased $1.1 billion to $23.7 billion.

To learn more about U.S. international trade in goods and services, read the full report.