The U.S. trade deficit in goods and services rose another 1.8 percent in February to $57.6 billion, according to trade statistics released by the Department of Commerce. Exports climbed 1.7 percent to $204.4 billion while imports gained 1.7 percent to $262.0 billion. For the year to date, the total deficit is up 22.7 percent as a 5.9 percent rise in exports has been outpaced by a 9.1 percent increase in imports.
The deficit in goods trade edged up 0.4 percent to $77.0 billion in February. Imports of goods were up 1.6 percent to $214.2 billion, including increases of $800 million for crude oil, $800 million for foods, feeds, and beverages, and $500 million for civilian aircraft. Exports of goods grew 2.2 percent to $137.2 billion, including increases of $700 million for passenger cars, $600 million for non-monetary gold, and $300 million each for crude oil and natural gas.
The services surplus tumbled 3.0 percent to $19.4 billion. Imports rose 2.4 percent to $47.8 billion and exports were up 0.7 percent to $67.3 billion.
|
Country/region
|
Deficit
|
% Change
|
Surplus
|
% Change
|
|
China
|
$34.7 billion
|
-2.3
|
|
|
|
European Union
|
$15.3 billion
|
+2.0
|
|
|
|
Germany
|
$6.7 billion
|
+6.3
|
|
|
|
Mexico
|
$6.6 billion
|
+17.9
|
|
|
|
Japan
|
$6.0 billion
|
+7.1
|
|
|
|
Italy
|
$2.8 billion
|
0
|
|
|
|
India
|
$1.9 billion
|
+5.6
|
|
|
|
Taiwan
|
$1.5 billion
|
0
|
|
|
|
France
|
$1.4 billion
|
0
|
|
|
|
South Korea
|
$1.1 billion
|
-26.7
|
|
|
|
Canada
|
$0.4 billion
|
-73.3
|
|
|
|
Saudi Arabia
|
$0.4 billion
|
-33.3
|
|
|
|
South/Central America
|
|
|
$3.4 billion
|
+41.7
|
|
Hong Kong
|
|
|
$3.1 billion
|
+19.2
|
|
Brazil
|
|
|
$0.9 billion
|
+80.0
|
|
United Kingdom
|
|
|
$0.6 billion
|
+100.0
|
|
Singapore
|
|
|
$0.5 billion
|
+44.4
|
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