Official Publication Edition · GDP
Source-grounded publication
The average goods and services deficit increased $2.5 billion to $70.7 billion for the three months ending in April.
$263.7 Billion
Source
U.S. International Trade in Goods and Services, April 2024
Sections
Publication sections
Key evidence
The source directly compares reported values for the stated scope in the generic-text section: Bureau of Economic Analysis announced today that the goods and services deficit was $74.6 billion in April, up $6.0 billion from $68.6 billion in March, revised. The source reports an amount on a billion scale for the stated scope in the generic-text section: Year-to-date, the goods and services deficit increased $5.5 billion, or 2.0 percent, from the same period in 2023.
The source reports an amount on a billion scale for the stated scope in the generic-text section: Year-over-year, the average goods and services deficit increased $2.8 billion from the three months ending in April 2023. The source reports an amount on a billion scale for the stated scope in the generic-text section: Exports increased $32.2 billion or 3.2 percent. The source directly compares reported values for the stated scope in the generic-text section: April exports were $263.7 billion, $2.1 billion more than March exports.
The source reports an amount on a billion scale for the stated scope in the generic-text section: Exports of goods on a Census basis increased $2.3 billion. The source reports an amount on a billion scale for the stated scope in the generic-text section: $74.6 Billion The source reports an amount on a billion scale for the stated scope in the generic-text section: Imports increased $37.8 billion or 2.9 percent.
The source reports an amount on a billion scale for the stated scope in the generic-text section: $338.2 Billion The source directly compares reported values for the stated scope in the generic-text section: April imports were $338.2 billion, $8.0 billion more than March imports. The source directly compares reported values for the stated scope in the generic-text section: Exports of goods increased $2.2 billion to $172.7 billion in April.
The source directly compares reported values for the stated scope in the generic-text section: Imports of goods increased $8.1 billion to $271.9 billion in April. The source reports an amount on a billion scale for the stated scope in the generic-text section: Net balance of payments adjustments decreased less than $0.1 billion.
Verified evidence
Publication data points
| Label | Value | Unit | Period |
|---|---|---|---|
| $263.7 Billion | 263.7 | billion | — |
| Year-to-date, the goods and services deficit increased $5.5 billion, or 2.0 percent, from the same period in 2023. | 5.5 | billion | — |
| Year-over-year, the average goods and services deficit increased $2.8 billion from the three months ending in April 2023. | 2.8 | billion | — |
| Exports increased $32.2 billion or 3.2 percent. | 32.2 | billion | — |
| Exports of goods on a Census basis increased $2.3 billion. | 2.3 | billion | — |
| $74.6 Billion | 74.6 | billion | — |
| Imports increased $37.8 billion or 2.9 percent. | 37.8 | billion | — |
| $338.2 Billion | 338.2 | billion | — |
Source and methodology
Source: the retained official publication. Method: normalized statements from section generic-text presented as reported, without recomputation.
Caveats
- Evidence boundary: This edition is limited to claims retained from the linked official publication.
Corrections
Correction state: none