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International Trade in Goods and Services

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

November 2019
-$43.1 billion
October 2019
-$46.9 billion

The U.S. monthly international trade deficit decreased in November 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $46.9 billion in October (revised) to $43.1 billion in November, as exports increased and imports decreased. The previously published October deficit was $47.2 billion. The goods deficit decreased $3.9 billion in November to $63.9 billion. The services surplus decreased less than $0.1 billion in November to $20.8 billion.

Current Release
  • Current Release: January 7, 2020
  • Next release: February 5, 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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