Trade Deficit Shrunk Slightly in June

Washington, DC, August 2, 2019-June exports were $206.3 billion, $4.4 billion less than May exports, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced. 

June imports were $261.5 billion, $4.6 billion less than May imports.

The June decrease in the goods and services deficit reflected a decrease in the goods deficit of $0.8 billion to $75.1 billion and a decrease in the services surplus of $0.6 billion to $20.0 billion.

Year-to-date, the goods and services deficit increased $23.2 billion, or 7.9%, from the same period in 2018. Exports increased $0.5 billion or less than 0.1%. Imports increased $23.8 billion or 1.5%.