The monthly U.S. trade deficit in goods and services rose 6.3 percent in November after a nearly 12 percent drop in October. According to the Census Bureau, November saw all-time highs for total exports as well as imports and exports of services.
Imports were up 3.4 percent, to $351.6 billion, from October to November. Imports of goods rose 4.3 percent to $280.9 billion, with increases of $1.2 billion for semiconductors, $1.1 billion each for civilian aircraft and passenger cars, and $1.0 billion each for crude oil and non-monetary gold. Services imports edged up to $70.6 billion.
Exports increased 2.7 percent in November to $273.4 billion. Exports of goods jumped 3.6 percent to $177.6 billion, with increases of $800 million each for passenger cars and pharmaceutical preparations, $700 million for crude oil, and $600 million for plastic materials. Services exports were up 0.9 percent to $95.8 billion.
The monthly U.S. trade deficit rose from $73.6 billion in October to $78.2 billion in November. The deficit in goods trade was up 5.5 percent to $103.4 billion while the services trade surplus rose 3.7 percent to $25.2 billion.
|
Country/region
|
Deficit
|
% Change
|
Surplus
|
% Change
|
|
China
|
$25.4 billion
|
-0.4
|
|
|
|
European Union
|
$20.5 billion
|
+19.9
|
|
|
|
Mexico
|
$15.4 billion
|
0
|
|
|
|
Vietnam
|
$11.3 billion
|
+6.6
|
|
|
|
Ireland
|
$9.3 billion
|
+3.3
|
|
|
|
Germany
|
$6.9 billion
|
+27.8
|
|
|
|
Taiwan
|
$5.5 billion
|
-15.4
|
|
|
|
Japan
|
$5.3 billion
|
-18.5
|
|
|
|
South Korea
|
$5.1 billion
|
+13.3
|
|
|
|
Canada
|
$4.9 billion
|
+11.4
|
|
|
|
India
|
$3.9 billion
|
-13.3
|
|
|
|
Switzerland
|
$3.9 billion
|
+14.7
|
|
|
|
Italy
|
$2.9 billion
|
-14.7
|
|
|
|
Malaysia
|
$2.8 billion
|
+16.7
|
|
|
|
France
|
$2.3 billion
|
+2200
|
|
|
|
Israel
|
$0.7 billion
|
+40.0
|
|
|
|
Singapore
|
$0.6 billion
|
Shift from $0.7 billion surplus
|
|
|
|
Netherlands
|
|
|
$5.4 billion
|
+20
|
|
South/Central America
|
|
|
$3.6 billion
|
-5.3
|
|
Hong Kong
|
|
|
$2.0 billion
|
+33.3
|
|
Australia
|
|
|
$2.0 billion
|
+122.2
|
|
Belgium
|
|
|
$0.5 billion
|
-28.6
|
|
United Kingdom
|
|
|
$0.3 billion
|
-85.0
|
|
Saudi Arabia
|
|
|
$0.3 billion
|
-25.0
|
|
Brazil
|
|
|
$0.2 billion
|
-75.0
|
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