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January 07, 2025US TRADE BALANCE, NOVEMBER 2024 Month over month (November 2024 vs October 2024)
The United States goods and services deficit widened by $4.6 billion to $78.2 billion. The goods deficit widened by $5.4 billion to $103.4 billion, and the services surplus widened by $851 million to $25.2 billion.


Total exports increased $7.1 billion to $273.4 billion. Goods exports increased $6.2 billion to $177.6 billion, and services exports increased $889 million to $95.8 billion.
Total imports increased $11.6 billion to $351.6 billion. Goods imports increased $11.6 billion to $280.9 billion, and services imports increased $38 million to $70.6 billion.
Year over year (November 2024 vs November 2023)
The US trade deficit widened by $13.4 billion. The goods deficit widened by $15.0 billion, and the services surplus widened by $1.6 billion.
Total exports increased by $16.8 billion. Goods exports increased $8.7 billion, and services exports increased $8.1 billion.
Total imports increased $30.3 billion. Goods imports increased $23.7 billion, and services imports increased $6.5 billion.
Sources: U.S. Census Bureau and U.S. Bureau of Economic Analysis, retrieved from the Federal Reserve Bank of St. Louis.
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