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Thursday, August 5, 2021

International trade deficit widens more than expected in June

  • June International Trade in Goods and Services: -$75.7B vs. -$74.0B consensus and -$71.0B prior (revised from -$71.2B).
  • June exports were $207.7B, $1.2B more than May exports.
  • June imports were $283.4B, $6.0B more than May exports.
  • Year-to-date, the goods and services deficit increased $135.8B, or 46.4%, from the same period in 2020. Exports increased $150.9B or 14.3%. Imports increased $286.7B or 21.3%.
  • On a three-month moving average, the goods and services deficit increased $0.2B to $71.9B.

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