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U.S. INTERNATIONAL TRADE

IN GOODS AND SERVICES



In Dec. 2017 total Exports increased by $3,129 millions or 1.56 % to $203,351 millions from Nov. 2017, while total Imports recorded an increase of $5,750 millions or 2.29 % to $256,469 millions from Nov. 2017, as a result total trade deficit increased by $2,621 millions or 5.19 % to $53,118 millions from Nov. 2017. Trade Balance by Month
International Trade (Picture Autor: Maurice Marcellin) licence Creative Commons
U.S. Trade in Goods Deficit grew by 3.46 % to $73,348 millions while Total Service Surplus fell by -0.80 % to $20,231 millions.
U.S. Trade Balance by Major Category
Imports of Crude oil deacreased by 22 millions of barrels or -9.15 % to 214 millions of barrels from Nov. 2017. With the average price of $52 per barrel.
Imports of Crude Oil
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0.68% 3.84% 5.89% -1.50% 1.23% 0.14% 0.54% -0.26%

In Dec. 2017 Foods, feeds, and beverages trade deficit increased by $19 millions or 1.85 % to $1,045 millions from deficit of $1,026 millions Nov. 2017, Industrial supplies and materials trade deficit fell by $1,275 millions or 33.81 % to $2,496 millions from deficit of $3,771 millions Nov. 2017, Capital goods, except automotive trade deficit went down by $384 millions or 3.77 % to $9,804 millions from deficit of $10,188 millions Nov. 2017. U.S. Exports by Major Category
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Exports to Pacific Rim Countries went up by 6.44 % , Exports to Europe rose by 4.96 %, while exports to Canada declined by $1,906 millions or -7.58 % to $23,250 millions from Nov. 2017.
In Dec. 2017 U. S. Trade of Goods with China fell by $4,623 millions or 15.01 % to deficit of $30,808 millions, from deficit of $35,431 millions Nov. 2017. Trade of Goods deficit rose with Europe by $631 millions or 3.79 % to $17,280 millions from deficit of $16,649 millions Nov. 2017.
U.S. Imports by Major Countries

Exports by Selected Geographical Region
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Technology Group Exports Technology Group Imports Technology Group Trade Balance
Total Technology Group exports increased by $3,279 millions or 10.84 % to $33,529 millions from Nov. 2017 , caused by increase in exports of Aerospace goods by 20.46 % to $13,136 millions from Nov. 2017. Exports of Information and Communication goods rose by $3,279 millions or 2.73 % to $8,841 millions.
Exports by Technology Group
Total Technology Group imports deacreased by $0 millions or 0.00 % to $0 millions from Nov. 2017 , despite a decrease in imports of Electronics goods by 0.00 % to $0 millions from Nov. 2017. Imports of Information and Communication goods fell by $0 millions or 0.00 % to $0 millions.

Imports by Technology Group
Total Technology Group trade deficit fell by $5,572 millions or 35.65 % to $10,058 millions from deficit of $15,630 millions Nov. 2017. Information and Communications trade deficit fell by $2,889 millions or 15.26 % to $16,046 millions from deficit of $18,935 millions Nov. 2017.

Trade Balance by Technology Group


Source U.S. Department of Commerce
Picture Autor: (Maurice Marcellin) licence Creative Commons.


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