WASHINGTON (Pakistan Point News / Sputnik - 02nd September, 2021) The US trade deficit fell by $3.2 billion in July to $70.1 billion, the Commerce Department announced on Thursday.
"The goods and services deficit was $70.1 billion in July, down $3.2 billion from $73.2 billion in June, revised," the census and economic bureaus of the Commerce Department said jointly in a statement.
Exports were at $212.8 billion in July, some $2.8 billion more than June exports while imports were at $282.9 billion, down $0.4 billion from June. The difference between the two accounted for the deficit.
Year-to-date, the international trade deficit was up $131 billion, or 37.1 percent, from 2020 as imports rose by $336 billion, or 21.3 percent, versus exports at $205.0 billion, or 16.8 percent.
From: Barani Krishnan - [email protected]
Subject:� US Trade Deficit Down $3.2Bln in July to $70.1Bln - Commerce Dept.
