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International Trade in Goods and Services

U.S. International Trade in Goods and Services, December 2019

December 2019:
-$48.9 billion
November 2019:
-$43.7 billion

The U.S. monthly international trade deficit increased in December 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $43.7 billion in November (revised) to $48.9 billion in December, as imports increased more than exports. The previously published November deficit was $43.1 billion. The goods deficit increased $5.1 billion in December to $69.7 billion. The services surplus decreased $0.1 billion in December to $20.8 billion.

Current Release
  • Current Release: February 5, 2020
  • Next release: March 6, 2020

What is Trade in Goods and Services?

Trade in goods and services between U.S. residents and residents of other countries each month. U.S. sales are exports and U.S. purchases are imports. The difference between the exports and imports is the trade balance. 

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