U.S. Trade Deficit Decreased to $46.2 billion in April
The U.S. monthly international trade deficit decreased from $47.2 billion in March to $46.2 billion in April according to the U.S. Bureau of Economic Analysis, as exports increased more than imports. The April decrease in the goods and services deficit reflected a decrease in the goods deficit of $1.0 billion to $68.3 billion and a decrease in the services surplus of less than $0.1 billion to $22.1 billion.
• April exports were $211.2 billion, $0.6 billion more than March exports.
• Exports of goods increased $0.3 billion to $141.2 billion in April.
• Exports of services increased $0.3 billion to $70.0 billion in April.
• April imports were $257.4 billion, $0.4 billion less than March imports.
• Imports of goods decreased $0.7 billion to $209.5 billion in April.
• Imports of services increased $0.3 billion to $47.9 billion in April.
Goods By Geographic Area
• The deficit with China increased $4.7 billion to $93.4 billion in the first quarter. Exports increased $0.7 billion to $49.0 billion and imports increased $5.3 billion to $142.4 billion.
• The deficit with Germany increased $1.7 billion to $18.7 billion in the first quarter. Exports increased $1.0 billion to $23.5 billion and imports increased $2.6 billion to $42.2 billion.
• The surplus with Canada increased $3.7 billion to $4.2 billion in the first quarter. Exports increased $3.8 billion to $91.8 billion and imports increased $0.1 billion to $87.6 billion.
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