US seasonally adjusted trade deficit increased to US$47.2B in May from US$44.2B in March as exports fell slightly to US$193.3B, imports grew 1.2% to US$240.6B: Dept. of Commerce

Cindy Allen

Cindy Allen

WASHINGTON , June 4, 2014 (press release) – The Nation’s international trade deficit in goods and services increased to $47.2 billion in April from $44.2 billion in March (revised), as exports decreased and imports increased.

GOODS AND SERVICES

Exports decreased to $193.3 billion in April from $193.7 billion in March (revised). Goods were $135.1 billion in April, down from $135.7 billion in March. Services were $58.2 billion in April, up from $57.9 billion in March.

Imports increased to $240.6 billion in April from $237.8 billion in March (revised). Goods were $200.9 billion in April, up from $198.2 billion in March. Services were $39.7 billion in April, up from $39.6 billion in March.

For goods, the deficit was $65.8 billion in April, up from $62.5 billion in March (revised). For services, the surplus was $18.6 billion in April, up from $18.3 billion in March (revised).

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