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January 05, 2023US TRADE BALANCE, NOVEMBER 2022 Month over month (November 2022 vs October 2022)
The US net trade deficit narrowed by $16.3 billion to $61.5 billion. The net goods deficit narrowed by $15.3 billion to $84.1 billion. The net services surplus widened by $1.0 billion to $22.5 billion.
Total exports decreased $5.1 billion to $251.9 billion. Exports of goods decreased $5.3 billion to $170.8 billion. Exports of services increased $0.2 billion to $81.0 billion.
Total imports decreased $21.5 billion to $313.4 billion. Imports of goods decreased $20.7 billion to $254.9 billion. Imports of services decreased $0.8 billion to $58.5 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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