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International Trade in Goods and Services

U.S. International Trade in Goods and Services, March 2023

March 2023
-$64.2 B
February 2023
-$70.6 B

The U.S. monthly international trade deficit decreased in March 2023 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $70.6 billion in February (revised) to $64.2 billion in March as exports increased and imports decreased. The goods deficit decreased $6.4 billion in March to $86.6 billion. The services surplus decreased less than $0.1 billion in March to $22.4 billion.

Current Release
  • Current Release: May 4, 2023
  • Next release: June 7, 2023

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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