An official website of the United States government
Here’s how you know
Official websites use .gov
A .gov website belongs to an official government organization in the United States.
Secure .gov websites use HTTPS
A lock (
) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.
U.S. Trade in August
The Nation’s international trade deficit in goods and services was virtually unchanged at $45.6 billion in August, as exports and imports decreased. Exports decreased to $177.6 billion in August from $177.7 billion in July (revised), and imports decreased to $223.2 billion in August from $223.3 billion in July.
Even though August’s trade activity was flat, there were some noteworthy highlights. August exports of services ($50.9 billion) were the highest on record, boosting the surplus of services ($15.8 billion) to its highest on record.
Imports from China continue to increase; August imports from China increased $2.2 billion to $37.4 billion, resulting in both an import record and deficit ($29.0 billion) record high. In August, China was the U.S.’s largest importer, the second largest total trading partner ($45.8 billion); and third largest exporting trading partner ($8.4 billion). (See top trading partners.)
August imports from China consisted primarily of computers; other household goods; toys, games, and sporting goods; computer accessories; nonwool or cotton apparel and textiles; and footwear.
Share
Top