by Calculated Risk on 8/05/2021 08:47:00 AM
From the Department of Commerce reported:
that the goods and services deficit was $75.7 billion in June, up $4.8 billion from $71.0 billion in May,
June exports were $207.7 billion, $1.2 billion more than May exports. June imports were $283.4 billion,
$6.0 billion more than May imports.
Exports and imports increased in June.
Exports are up 31% compared to June 2020; imports are up 35% compared to June 2020.
The second graph shows the U.S. trade deficit, with and without petroleum.
Note that net, imports and exports of petroleum products are close to zero.
The trade deficit with China decreased to $27.8 billion in June, from $28.3 billion in June 2020.