BEA News: U.S. International Trade in Goods and Services, March 2023
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
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.
U.S. International Trade in Goods and Services Deficit| Deficit: | $64.2 Billion | –9.1%° |
| Exports: | $256.2 Billion | +2.1%° |
| Imports: | $320.4 Billion | –0.3%° |
Next release: Wednesday, June 7, 2023 (°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, May 4, 2023 |
Exports, Imports, and Balance (exhibit 1)
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