The U.S. monthly international trade deficit decreased in June 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $55.3 billion in May (revised) to $55.2 billion in June,as imports decreased more than exports. The previously published May deficit was $55.5 billion. The goods deficit decreased $0.8 billion in June to $75.1 billion. The services surplus decreased $0.6 billion in June to $20.0 billion.
Exports of goods and services decreased $4.4 billion, or 2.1 percent, in June to $206.3 billion. Exports of goods decreased $3.9 billion and exports of services decreased $0.5 billion.
- The decrease in exports of goods mostly reflected decreases in consumer goods($1.9 billion), in capital goods($1.2 billion), and in automotive vehicles, parts, and engines($0.5 billion).
- The decrease in exports of services mostly reflected decreases in travel (for all purposes including education) ($0.4 billion) and in transport($0.1 billion).
Imports of goods and services decreased $4.6 billion, or 1.7 percent, in June to $261.5 billion. Imports of goods decreased $4.7 billion and imports of services increased $0.1 billion.
- The decrease in imports of goods mostly reflected decreases in industrial supplies and materials ($3.2 billion) and in consumer goods($0.9 billion).
- The increase in imports of services reflected small changes in all major service categories.
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