U.S. International Trade in Goods and Services, April 2024

April 2024
-$74.6 B
March 2024
-$68.6 B

The U.S. goods and services trade deficit increased in April 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $68.6 billion in March (revised) to $74.6 billion in April, as imports increased more than exports. The goods deficit increased $5.9 billion in April to $99.2 billion. The services surplus decreased $0.1 billion in April to $24.7 billion.

  • Current Release: June 6, 2024
  • Next release: July 3, 2024

What is Trade in Goods and Services?

Trade in goods and services between U.S. residents and residents of other countries each month. U.S. sales are exports and U.S. purchases are imports. The difference between the exports and imports is the trade balance. 

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