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FOR IMMEDIATE RELEASE: Wednesday, February 07, 2024

Monthly U.S. International Trade in Goods and Services, December 2023

CB 24-18, BEA 24-04



The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $62.2 billion in December, up $0.3 billion from $61.9 billion in November, revised.

December exports were $258.2 billion, $3.9 billion more than November exports. December imports were $320.4 billion, $4.2 billion more than November imports.

The December increase in the goods and services deficit reflected an increase in the goods deficit of $0.7 billion to $89.1 billion and an increase in the services surplus of $0.4 billion to $26.9 billion.

For 2023, the goods and services deficit decreased $177.8 billion, or 18.7 percent, from 2022. Exports increased $35.0 billion or 1.2 percent. Imports decreased $142.7 billion or 3.6 percent.

Supporting Materials

Contact


Goods Data and Media Inquiries

Data: (301) 763-2311
Media: (301) 763-3030

Services Data and Media Inquiries
Data: (301) 278-9559
Media: (301) 278-9003

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