The U.S. goods and services trade deficit decreased from $68.3 billion in May (revised) to $65.5 billion in June, as imports decreased more than exports. The goods deficit decreased $2.8 billion to $88.2 billion, and the services surplus decreased less than $0.1 billion to $22.7 billion.
Exports of goods and services decreased $0.3 billion, or 0.1 percent, in June to $247.5 billion. Exports of goods decreased $0.2 billion, and exports of services decreased $0.2 billion.
- The decrease in exports of goods reflected decreases in industrial supplies and materials ($0.7 billion) and in consumer goods ($0.4 billion). An increase in capital goods ($0.8 billion) partly offset the decreases.
- The decrease in exports of services reflected a decrease in transport ($0.2 billion).
Imports of goods and services decreased $3.1 billion, or 1.0 percent, in June to $313.0 billion. Imports of goods decreased $2.9 billion, and imports of services decreased $0.2 billion.
- The decrease in imports of goods reflected decreases in capital goods ($2.3 billion) and in industrial supplies and materials ($2.2 billion). Increases in automotive vehicles, parts, and engines ($1.3 billion) and in consumer goods ($0.4 billion) partly offset the decreases.
- The decrease in imports of services reflected a decrease in travel ($0.3 billion).
Real, or inflation-adjusted, statistics are also available for trade in goods. The real goods deficit decreased $2.7 billion, or 3.0 percent, to $86.2 billion in June. The nominal deficit also decreased 3.0 percent. Real exports of goods increased 0.5 percent, compared to a 0.1 percent decrease in nominal exports. Real imports of goods decreased 0.9 percent, compared to a 1.1 percent decrease in nominal imports.
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