Business Standard

Us Trade Deficit

US trade deficit narrows sharply in August on increase in exports

The trade gap contracted 10.8 per cent to $70.4 billion from a revised $78.9 billion in July, the Commerce Department's Bureau of Economic Analysis said

US trade deficit narrows sharply in August on increase in exports
Updated On : 08 Oct 2024 | 7:02 PM IST

US trade deficit shrinks 18.7% in 2023, slightly widens in December

Economists expected trade, which added to gross domestic product growth last year, to remain supportive to the economy in 2024, though Red Sea shipping disruptions posed risk

US trade deficit shrinks 18.7% in 2023, slightly widens in December
Updated On : 07 Feb 2024 | 10:09 PM IST

US trade deficit narrows in Nov due to decline in imports: Report

The trade deficit contracted 2.0% to $63.2 billion, then Commerce Department's Census Bureau said

US trade deficit narrows in Nov due to decline in imports: Report
Updated On : 09 Jan 2024 | 7:55 PM IST

US trade deficit narrows to nearly three-year low in August: Report

Imports of goods and services fell 0.7% to $314.3 billion

US trade deficit narrows to nearly three-year low in August: Report
Updated On : 05 Oct 2023 | 7:03 PM IST

US trade deficit shrinks sharply as imports hit more than 1-1/2 year low

Imports drop 1.0%, goods imports decline 1.2%; exports dip 0.1%, goods exports decrease 0.1%

US trade deficit shrinks sharply as imports hit more than 1-1/2 year low
Updated On : 08 Aug 2023 | 11:46 PM IST

US trade deficit widens to 6-month high, expected to dent economic growth

Stocks on Wall Street were trading mostly lower. The dollar slipped against a basket of currencies. US Treasury prices fell

US trade deficit widens to 6-month high, expected to dent economic growth
Updated On : 07 Jun 2023 | 11:53 PM IST

US trade deficit narrows sharply to 9.1% in March as exports rise

Exports increased 2.1% to $256.2 billion. Goods exports shot up 3.1% to $174.3 billion. Crude oil exports rose $2.5 billion, boosting shipments of industrial supplies and materials

US trade deficit narrows sharply to 9.1% in March as exports rise
Updated On : 04 May 2023 | 7:35 PM IST

US trade deficit widens for a third month in February to $70.5 Billion

The gap in goods and services trade grew 2.7% to $70.5 billion, the widest in four months, Commerce Department data showed Wednesday

US trade deficit widens for a third month in February to $70.5 Billion
Updated On : 05 Apr 2023 | 7:22 PM IST

US economy contracts 1.6% in first quarter amid record trade deficit

The US economy grew at a robust 6.9% pace in the fourth quarter

US economy contracts 1.6% in first quarter amid record trade deficit
Updated On : 30 Jun 2022 | 1:21 AM IST

US goods trade deficit hits record high; Q1 GDP growth estimates slashed

The goods trade deficit jumped 17.8% to an all-time high of $125.3 billion.

US goods trade deficit hits record high; Q1 GDP growth estimates slashed
Updated On : 27 Apr 2022 | 9:55 PM IST

US trade deficit narrows slightly to $70.1 billion in July

The US trade deficit narrowed slightly to $70.1 billion in July as economic recovery overseas helped boost American exports while imports declined

US trade deficit narrows slightly to $70.1 billion in July
Updated On : 02 Sep 2021 | 7:30 PM IST

US trade deficit jumps to record high in June on strong import growth

The Commerce Department said on Thursday that the trade gap increased 6.7% to $75.7 billion in June, an all-time high

US trade deficit jumps to record high in June on strong import growth
Updated On : 06 Aug 2021 | 1:42 AM IST

US trade deficit dips to $68.9 billion amid improving global economy

The improving economic situation overseas drove up demand for American goods while domestic demand for imports slowed.

US trade deficit dips to $68.9 billion amid improving global economy
Updated On : 08 Jun 2021 | 8:31 PM IST

United States trade deficit hits record $74.4 billion in March

This comes as an improving US economy drove purchases of imported foreign goods.

United States trade deficit hits record $74.4 billion in March
Updated On : 04 May 2021 | 8:22 PM IST

US trade deficit jumps 4.8% to record $71.1 billion in February

The US trade deficit grew to a record USD 71.1 billion in February as a decline in exports more than offset a slight dip in imports.

US trade deficit jumps 4.8% to record $71.1 billion in February
Updated On : 07 Apr 2021 | 7:44 PM IST

US trade deficit rises 1.9% in January amid Covid-19 pandemic

The pandemic continued to disrupt global commerce

US trade deficit rises 1.9% in January amid Covid-19 pandemic
Updated On : 05 Mar 2021 | 8:25 PM IST

US trade deficit jumps to 12-year high in 2020 amid Covid-19 pandemic

The Commerce Department said on Friday that the trade deficit jumped 17.7% to $678.7 billion last year, the highest since 2008

US trade deficit jumps to 12-year high in 2020 amid Covid-19 pandemic
Updated On : 05 Feb 2021 | 8:46 PM IST

US trade deficit jumps to $68.1 billion in November amid surge in imports

The US trade deficit jumped to USD 68.1 billion in November as a surge in imports overwhelmed a smaller increase in exports

US trade deficit jumps to $68.1 billion in November amid surge in imports
Updated On : 07 Jan 2021 | 8:36 PM IST

US trade deficit jumps to largest in 14 years in August as imports grow

The US trade deficit surged in August to the largest in 14 years with imports climbing again, suggesting that trade could be a drag on economic growth in the third quarter

US trade deficit jumps to largest in 14 years in August as imports grow
Updated On : 06 Oct 2020 | 7:59 PM IST

US trade deficit drops in June as exports rise at twice the rate of imports

Commerce Department said that the gap between the value of what the United States buys and what it sells abroad fell 7.5% to $50.7 billion in June from $54.8 billion in May

US trade deficit drops in June as exports rise at twice the rate of imports
Updated On : 05 Aug 2020 | 8:06 PM IST