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September 21, 2023US CURRENT ACCOUNT 2023Q2 
In 2023 Q2 vs 2023 Q1, the Balance on current account deficit narrowed by $2.4 billion to $212.1 billion
- the Balance on goods deficit widened by $11.9 billion to $275.2 billion
- the Balance on services surplus widened by $10.2 billion to $71.7 billion
- the Balance on primary income surplus widened by $3.6 billion to $35.0 billion
- the Balance on secondary income deficit narrowed by $0.5 billion to $43.6 billion
Exports and Imports
In 2023 Q2, services exports increased $4.7 billion to $247.3 billion, and services imports decreased $5.5 billion to $175.7 billion.
In 2023 Q2, goods exports decreased $29.0 billion to $497.6 billion, and goods imports decreased $17.0 billion to $772.8 billion.
Receipts and Payments
In 2023 Q2, primary income receipts increased $15.5 billion to $354.5 billion, and primary income payments increased $12.0 billion to $319.5 billion.
In 2023 Q2, secondary income receipts increased $1.0 billion to $45.9 billion, and secondary payments increased $0.4 billion to $89.5 billion.
Source: United States Bureau of Economic Analysis retrieved from the Federal Bank of St. Louis using a FRED API
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