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U.S. International Trade in Goods and Services


U.S. Census Bureau and U.S. Bureau of Economic Analysis - Economics and Statistics Administration - U.S. Department of Commerce

Click here for the downloadable version of the Congressional Highlights (PDF)

GOODS AND SERVICES DEFICIT DECREASED IN APRIL 2015

(SEASONALLY ADJUSTED)

The Nation’s international trade deficit in goods and services decreased to $40.9 billion in April from $50.6 billion in March (revised), as exports increased and imports decreased.

GOODS AND SERVICES

  • Exports increased to $189.9 billion in April from $188.0 billion in March. Goods were $129.0 billion in April, up from $127.1 billion in March. Services were $60.9 billion in April, up less than $0.1 billion from March.
  • Imports decreased to $230.8 billion in April from $238.6 billion in March. Goods were $189.6 billion in April, down from $197.1 billion in March. Services were $41.1 billion in April, down from $41.5 billion in March.
  • For goods, the deficit was $60.7 billion in April, down from $70.0 billion in March. For services, the surplus was $19.8 billion in April, up from $19.4 billion in March.

Trade in Goods and Services (Billions of Dollars)

Trade in Goods and Services (Billions of Dollars)

 


GOODS BY CATEGORY (CENSUS BASIS)

Exports of goods increased $2.1 billion in April to $128.2 billion. Capital goods increased $2.1 billion, reflecting increases in civilian aircraft ($1.0 billion) and in telecommunications equipment ($0.6 billion).

TOP INCREASES FOR EXPORTS OF CAPITAL GOODS (BILLIONS OF DOLLARS)Top Changes for Exports (Billions of Dollars)

Imports of goods decreased $7.5 billion in April to $187.9 billion. Consumer goods decreased $4.9 billion, reflecting decreases in cell phones ($1.3 billion) and in other textile apparel ($0.9 billion).

TOP DECREASES FOR IMPORTS OF CONSUMER GOODS (BILLIONS OF DOLLARS)Top Changes for Imports (Billions of Dollars)

SERVICES BY CATEGORY

Exports of services increased less than $0.1 billion to $60.9 billion in April. The increase was accounted for by an increase in other business services ($0.1 billion) and increases in several services categories of less than $0.1 billion. A decrease in transport ($0.2 billion), which includes freight and port services and passenger fares, was partly offsetting.

Imports of services decreased $0.4 billion to $41.1 billion in April. The decrease was more than accounted for by a decrease in transport ($0.5 billion). An increase in travel (for all purposes including education) ($0.1 billion) was partly offsetting.


GOODS BY GEOGRAPHIC AREA
(Billions of Dollars, Not Seasonally Adjusted)

Canada

European Union

The goods deficit with Canada increased from $0.3 billion in March to $0.4 billion in April. Exports decreased $1.3 billion (primarily organic chemicals) to $24.2 billion, while imports decreased $1.2 billion (primarily civilian aircraft and natural gas) to $24.6 billion.

China

Canada

The goods deficit with China decreased from $31.2 billion in March to $26.5 billion in April. Exports decreased $0.6 billion (primarily soybeans) to $9.3 billion, while imports decreased $5.3 billion (primarily cell phones, footwear, and computer accessories) to $35.8 billion.

Mexico

Mexico

The goods deficit with Mexico decreased from $5.5 billion in March to $4.4 billion in April. Exports increased $0.2 billion (primarily telecommunications equipment) to $20.1 billion, while imports decreased $0.9 billion (primarily crude oil and passenger vehicles) to $24.5 billion.


EXPORTS OF GOODS BY STATE
(Origin of Movement)

Top March to April Increases
(Millions of Dollars)
State March Total April Total Change
Texas $21,371.6 $22,129.5 $757.9
South Carolina 2,339.9 2,762.4 422.5
Louisiana 3,644.9 3,744.6 99.8
New Hampshire 364.5 427.9 63.4
Delaware 420.8 454.9 34.0

Top March to April Decreases
(Millions of Dollars)
State March Total April Total Change
New York $7,645.3 $6,326.2
-$1,319.0
Washington 8,147.4 7,281.0 -866.4
California 14,978.9 14,387.4 -591.5
Ohio 4,515.0 4,109.0 -405.9
Illinois 5,639.9 5,372.3 -267.5

Trade in Goods with China

(Billions of dollars, not seasonally adjusted) Source : USA Trade Online

TRADE IN CONSUMER GOODS

This space is used to present information on events that significantly impact trade, to highlight new or annual statistics or record levels of trade, or to report on trade in automotive or petroleum products, in manufactured goods, or with Free Trade Agreement partners.



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Source: U.S. Census Bureau | Economic Indicators | ftdwebmaster@census.gov |  Last Revised: March 11, 2015