WASHINGTON — Fueled by a growth in exports, June's trade deficit was $56.8 billion, compared with $59.2 billion during the previous month, the Commerce Department reported today.
The United States exported $164.4 billion in goods and services in June, compared with $158 billion in May.
The country imported $221.2 billion in goods and services in June, compared with $217.2 billion in May.
Exports of industrial supplies, consumer goods and food products were among the areas that increased.
Imports of industrial supplies and automotive products increased while imports of capital goods, food products and consumer goods fell.
Exports of business, professional, insurance and transportation caused services exports to rise to $47 billion from $40 billion.
The rise in imported services to $34.5 billion from $34.2 billion was fueled mostly by increases in passenger fares and other private services. The weakness of the dollar has triggered reports of record tourists from abroad in several key tourist destinations in the United States.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.