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June 08, 2021US TRADE BALANCE, APRIL 2021 Month over month (Apr-21 vs Mar-21)
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the month-over-month net trade deficit narrowed by $6.1 billion to $68.9 billion in April. Goods trade deficit narrowed by $6.2 billions to $86.7 billion, and services trade surplus narrowed by $53 million to $17.8 billion.
Total exports increased 1.1% ($2.3 billion) to $205.0 billion. Exports of goods increased 1.1% ($1.6 billion) to $145.3 billion while exports of services increased 1.2% ($0.7 billion) to $59.7 billion.
Total imports decreased 1.4% (-$3.8 billion) to $273.9 billion. Imports of goods decreased 1.9% (-$4.5 billion) to $232.0 billion. Imports of services increased 1.8% ($0.7 billion) to $41.9 billion.
Year over year (Apr 2021 vs Apr 2020)
In the United States, Net trade deficit widened by 30.1% (-$15.9 billions). Net trade Goods deficit widened by 16.2% (-$12.1 billions). Net trade Services surplus narrowed by 17.9% (-$3.9 billions).
Year-to-date (Jan-Apr 2021 vs Jan-Apr 2020)
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the year-to-date net trade deficit narrowed by $94.5 billions to $281.7 billion over the same period last year. Goods deficit narrowed by $80.3 billions to $355.1 billion while services surplus narrowed by $14.2 billions to $73.5 billion.
Total exports increased 5.6% ($42.0 billion). Exports of goods increased 12.3% ($60.7 billion). Exports of services decreased 7.4% (-$18.7 billion).
Total imports increased 14.6% ($136.4 billion). Imports of goods increased 18.4% ($141.0 billion). Imports of services decreased 2.7% (-$4.5 billion).
REFERENCES
US Census Bureau, US Bureau of Economic Analysis. Press release Data
U.S. Census Bureau and U.S. Bureau of Economic Analysis, Trade Balance: retrieved from FRED, Federal Reserve Bank of St. Louis;
BOPGSTB Trade Balance: Goods and Services, Balance of Payments Basis
BOPGTB Trade Balance: Goods, Balance of Payments Basis
BOPSTB Trade Balance: Services, Balance of Payments Basis
BOPTEXP Exports of Goods and Services, Balance of Payments Basis
BOPGEXP Exports of Goods, Balance of Payments Basis
BOPSEXP Exports of Services, Balance of Payments Basis
BOPTIMP Imports of Goods and Services: Balance of Payments Basis
BOPGIMP Imports of Goods: Balance of Payments Basis
BOPSIMP Imports of Services, Balance of Payments Basis
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