Official Publication Edition · GDP
Source-grounded publication
Exports of services decreased $0.2 billion to $86.4 billion in March.
The real goods deficit increased $1.3 billion, or 1.4 percent, to $88.6 billion in March, compared to a 1.1 percent increase in the nominal deficit.
Source
U.S. International Trade in Goods and Services, March 2024
Sections
Publication sections
Key evidence
The source directly compares reported values for the stated scope: March imports were $327.0 billion, $5.4 billion less than February imports. The source reports an amount on a billion scale for the stated scope: Year-to-date, the goods and services deficit increased $6.5 billion, or 3.2 percent, from the same period in 2023. The source reports an amount on a billion scale for the stated scope: Exports increased $9.1 billion or 1.2 percent.
The source directly compares reported values for the stated scope: The March decrease in the goods and services deficit reflected an increase in the goods deficit of $0.8 billion to $92.5 billion and an increase in the services surplus of $0.9 billion to $23.1 billion. The source reports an amount on a billion scale for the stated scope: Imports increased $15.6 billion or 1.6 percent. The source directly compares reported values for the stated scope: Exports of goods decreased $5.1 billion to $171.3 billion in March.
The source directly compares reported values for the stated scope: The average goods and services deficit increased $1.7 billion to $68.8 billion for the three months ending in March. The source directly compares reported values for the stated scope: March exports were $257.6 billion, $5.3 billion less than February exports. The source directly compares reported values for the stated scope: Bureau of Economic Analysis announced today that the goods and services deficit was $69.4 billion in March, down $0.1 billion from $69.5 billion in February, revised.
The source reports an amount on a billion scale for the stated scope: Net balance of payments adjustments decreased less than $0.1 billion. The source directly compares reported values for the stated scope: Imports of services decreased $1.1 billion to $63.2 billion in March. The source reports an amount on a billion scale for the stated scope: Exports of goods on a Census basis decreased $5.2 billion.
The source reports an amount on a billion scale for the stated scope: Imports of goods on a Census basis decreased $4.2 billion.
Verified evidence
Publication data points
| Label | Value | Unit | Period |
|---|---|---|---|
| Year-to-date, the goods and services deficit increased $6.5 billion, or 3.2 percent, from the same period in 2023. | 6.5 | billion | — |
| Exports increased $9.1 billion or 1.2 percent. | 9.1 | billion | — |
| Imports increased $15.6 billion or 1.6 percent. | 15.6 | billion | — |
| Net balance of payments adjustments decreased less than $0.1 billion. | 0.1 | billion | — |
| Exports of goods on a Census basis decreased $5.2 billion. | 5.2 | billion | — |
| Imports of goods on a Census basis decreased $4.2 billion. | 4.2 | billion | — |
| Year-over-year, the average goods and services deficit increased $2.2 billion from the three months ending in March 2023. | 2.2 | billion | — |
| Net balance of payments adjustments increased $0.1 billion. | 0.1 | 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