|Next release: May 9, 2019|
(°) Statistical significance is not applicable or not measurable.
Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, April 17, 2019
Exports, Imports, and Balance (exhibit 1)
February exports were $209.7 billion, $2.3 billion more than January exports. February imports were $259.1 billion, $0.6 billion more than January imports.
The February decrease in the goods and services deficit reflected a decrease in the goods deficit of $1.2 billion to $72.0 billion and an increase in the services surplus of $0.5 billion to $22.6 billion.
Year-to-date, the goods and services deficit decreased $8.3 billion, or 7.6 percent, from the same period in 2018. Exports increased $11.1 billion or 2.7 percent. Imports increased $2.8 billion or 0.5 percent.
Three-Month Moving Averages (exhibit 2)
The average goods and services deficit decreased $0.4 billion to $53.5 billion for the three months ending in February.
- Average exports increased $0.1 billion to $207.5 billion in February.
- Average imports decreased $0.3 billion to $261.0 billion in February.
Year-over-year, the average goods and services deficit decreased $0.1 billion from the three months ending in February 2018.
- Average exports increased $3.8 billion from February 2018.
- Average imports increased $3.7 billion from February 2018.
Exports (exhibits 3, 6, and 7)
Exports of goods increased $2.1 billion to $139.5 billion in February.
Exports of goods on a Census basis increased $1.9 billion.
- Capital goods increased $2.1 billion.
- Civilian aircraft increased $2.2 billion.
- Automotive vehicles, parts, and engines increased $0.6 billion.
- Industrial supplies and materials decreased $0.4 billion.
Net balance of payments adjustments increased $0.2 billion.
Exports of services increased $0.2 billion to $70.1 billion in February.
- Transport increased $0.2 billion.
- Other business services, which includes research and development services; professional and management services; and technical, trade-related, and other services, increased $0.1 billion.
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