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For additional information relating to this article, please contact:

Barbara Ruszel Economist
Tel: 902-424-1848Email: Basia.Ruszel-Lichodzijewska@novascotia.ca

January 05, 2018
US TRADE BALANCE, NOVEMBER 2017

 

In November 2017, the US goods and services trade deficit increased by $1.6 billion from October 2017 to $50.5 billion, the largest US trade deficit since 2012.

US goods exports increased by $4.4 billion and goods imports were up $6.0 billion, resulting in an increase in the goods trade deficit of $1.7 billion to $70.9 billion. Service exports increased $58 million while services imports fell $22 million, resulting in an increase of $80 million to the service trade surplus of $20.4 billion.

 

 

Year-to-date

The Jan-Nov 2017 the US trade deficit increased $53.4 billion to $513.6 billion.  Year-to-date goods deficit increased by $49.7 billion and the services surplus decreased $3.7 billion.

 

US Census BureauUS Bureau of Economic Analysis



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