U.S. International Trade in Goods and Services

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $39.0 billion in November, down $3.2 billion from $42.2 billion in October, revised. November exports were $196.4 billion, $2.0 billion less than October exports. November imports were $235.4 billion, $5.2 billion less than October imports. The November decrease in the goods and services deficit reflected a decrease in the goods deficit of $3.3 billion to $58.3 billion and a decrease in the services surplus of $0.1 billion to $19.3 billion. Year-to-date, the goods and services deficit increased $22.3 billion, or 5.1 percent, from the same period in 2013. Exports increased $60.0 billion or 2.9 percent. Imports increased $82.4 billion or 3.3 percent.