Trade Deficit Increased to $75.7 Billion in June
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $75.7 billion in June, up $4.8 billion from $71.0 billion in May, revised.
June exports were $207.7 billion, $1.2 billion more than May exports. June imports were $283.4 billion, $6.0 billion more than May imports. Exports and imports increased in June. Exports are up 31% compared to June 2020; imports are up 35% compared to June 2020. Both imports and exports decreased sharply due to COVID-19, and have now bounced back (imports more than exports), Note that net, imports and exports of petroleum products are close to zero.
The trade deficit with China decreased to $27.8 billion in June, from $28.3 billion in June 2020.
https://www.calculatedriskblog.com/2021/08/trade-deficit-increased-to-757-billion.html