The monthly U.S. trade deficit in goods and services rose 1.9 percent in February as imports and exports both increased.
Imports were up 2.2 percent, to $331.9 billion, from January to February. Imports of goods rose 1.8 percent to $268.1 billion, with increases of $1.4 billion for cell phones and other household goods, $1.3 billion for foods, feeds, and beverages, and $1.1 billion for automotive vehicles, parts, and engines along with a $1.3 billion decrease for drugs. Services imports advanced 3.9 percent to $63.8 billion.
Exports rose 2.3 percent in February to a record $263.0 billion. Exports of goods jumped 2.9 percent to $176.7 billion, with increases of $1.4 billion for civilian aircraft, $1.1 billion for crude oil, and $1.0 billion for soybeans as well as a decrease of $900 million for passenger cars. Services exports gained 0.9 percent to $86.4 billion.
With exports and imports both up, the monthly U.S. trade deficit increased from $67.6 billion in January to $68.9 billion in February. The deficit in goods trade edged up 0.3 percent to $91.4 billion while the services trade surplus fell 6.6 percent to $22.5 billion.
|
Country/region
|
Deficit
|
% Change
|
Surplus
|
% Change
|
|
China
|
$21.9 billion
|
-4.4
|
|
|
|
European Union
|
$17.6 billion
|
-2.8
|
|
|
|
Mexico
|
$15.3 billion
|
+20.5
|
|
|
|
Vietnam
|
$9.6 billion
|
+12.9
|
|
|
|
Germany
|
$7.6 billion
|
+20.6
|
|
|
|
Japan
|
$6.2 billion
|
-15.1
|
|
|
|
Ireland
|
$5.3 billion
|
-11.7
|
|
|
|
South Korea
|
$5.2 billion
|
-5.5
|
|
|
|
Canada
|
$5.1 billion
|
-10.5
|
|
|
|
India
|
$4.4 billion
|
+18.9
|
|
|
|
Taiwan
|
$4.2 billion
|
-12.5
|
|
|
|
Italy
|
$3.4 billion
|
-10.5
|
|
|
|
Malaysia
|
$2.4 billion
|
+14.3
|
|
|
|
France
|
$0.8 billion
|
-42.9
|
|
|
|
Israel
|
$0.3 billion
|
-25.0
|
|
|
|
Singapore
|
$0.3 billion
|
Shift from $0.4 billion surplus
|
|
|
|
South/Central America
|
|
|
$5.5 billion
|
+31.0
|
|
Netherlands
|
|
|
$4.3 billion
|
+4.9
|
|
Hong Kong
|
|
|
$2.8 billion
|
+27.3
|
|
Australia
|
|
|
$1.6 billion
|
0
|
|
United Kingdom
|
|
|
$0.8 billion
|
-42.9
|
|
Belgium
|
|
|
$0.6 billion
|
-45.5
|
|
Brazil
|
|
|
$0.6 billion
|
+200
|
|
Switzerland
|
|
|
$0.4 billion
|
Shift from $1.5 billion deficit
|
|
Saudi Arabia
|
|
|
<0.1 billion
|
n/a
|
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