The U.S. trade deficit in goods and services rose 7.4 percent in June to $46.3 billion, the first monthly increase after three months of declines, according to trade statistics released by the Department of Commerce. Exports were down 0.7 percent to $213.8 billion while imports rose 0.6 percent to $260.2 billion.
For the year to date, the total deficit is up 7.2 percent from 2017. Exports have risen 9.0 percent over the same period as a year earlier while imports have increased 8.6 percent.
The deficit in goods trade rose 4.7 percent to $68.8 billion in June. Imports of goods were up 0.7 percent to $212.0 billion, including increases of $1.5 billion in pharmaceutical preparations and $1.2 billion in crude oil along with decreases of $800 million in computers and $500 million in telecommunications equipment. Exports of goods fell 1.2 percent to $143.2 billion, including decreases of $900 million in passenger cars, $600 million in pharmaceutical preparations, and $400 million in jewelry.
The services surplus slipped 0.9 percent to $22.5 billion as imports gained 0.4 percent to $48.1 billion and exports gained 0.3 percent to $70.6 billion.
|
Country/region
|
Deficit
|
% Change
|
Surplus
|
% Change
|
|
China
|
$32.5 billion
|
+1.6
|
|
|
|
European Union
|
$12.8 billion
|
+7.6
|
|
|
|
Mexico
|
$6.7 billion
|
+15.5
|
|
|
|
Germany
|
$5.7 billion
|
0
|
|
|
|
Japan
|
$5.6 billion
|
-6.7
|
|
|
|
Canada
|
$2.6 billion
|
+18.2
|
|
|
|
Italy
|
$2.2 billion
|
-15.4
|
|
|
|
India
|
$1.7 billion
|
-34.6
|
|
|
|
Taiwan
|
$1.4 billion
|
0
|
|
|
|
South Korea
|
$1.3 billion
|
-7.1
|
|
|
|
France
|
$0.7 billion
|
-25.0
|
|
|
|
South/Central America
|
|
|
$3.3 billion
|
-8.3
|
|
Hong Kong
|
|
|
$2.5 billion
|
-10.7
|
|
Brazil
|
|
|
$0.8 billion
|
0
|
|
Saudi Arabia
|
|
|
$0.8 billion
|
+700
|
|
United Kingdom
|
|
|
$0.4 billion
|
-33.3
|
|
Singapore
|
|
|
$0.1 billion
|
-88.9
|
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