Trade Deficit Rose in June

Washington, DC, August 5, 2015—The goods and services deficit was $43.8 billion in June, up $2.9 billion from $40.9 billion in May, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced through the Department of Commerce.

June exports were $188.6 billion, $0.1 billion less than May exports.

June imports were $232.4 billion, $2.8 billion more than May imports.

The June increase in the goods and services deficit reflected an increase in the goods deficit of $2.9 billion to $63.5 billion and a decrease in the services surplus of less than $0.1 billion to $19.7 billion.

Year-to-date, the goods and services deficit increased $1.6 billion, or 0.6%, from the same period in 2014. Exports decreased $33.4 billion or 2.9%. Imports decreased $31.8 billion or 2.2%.