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August 05, 2021US TRADE BALANCE, JUNE 2021 Month over month (Jun-21 vs May-21)
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the month-over-month net trade deficit widened by $4.8 billion to $75.7 billion. The goods trade deficit widened by $4.0 billions to $93.2 billion and the services trade surplus narrowed by $0.7 billion to $17.4 billion.
Total exports increased 0.6% ($1.2 billion) to $207.7 billion. Exports of goods increased 0.2% ($0.3 billion) to $145.9 billion, and exports of services increased 1.5% ($0.9 billion) to $61.8 billion.
Total imports increased 2.1% ($6.0 billion) to $283.4 billion. Imports of goods increased 1.8% ($4.3 billion) to $239.1 billion, and imports of services increased 3.8% ($1.6 billion) to $44.3 billion.
Year over year (Jun 2021 vs Jun 2020)
In the United States, the net trade deficit widened by $25.1 billion. The net trade goods deficit widened by $21.2 billion and
The net trade services surplus narrowed by $3.9 billion.
Total exports increased 30.8% ($48.9 billion). Exports of goods increased 40.7% ($42.2 billion), and exports of services increased 12.1% ($6.7 billion).
Total imports increased 35.3% ($73.9 billion). Imports of goods increased 36.1% ($63.4 billion), and imports of services increased 31.3% ($10.6 billion).
REFERENCES
U.S. Census Bureau and U.S. Bureau of Economic Analysis, retrieved from FRED, Federal Reserve Bank of St. Louis;
Press release Data
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