Official Publication Edition · GDP
Source-grounded publication
The June decrease in the goods and services deficit reflected a decrease in the goods deficit of $2.5 billion to $97.4 billion and a decrease in the services surplus of $0.6 billion to $24.2 billion.
Imports increased $80.7 billion or 4.2 percent.
Source
U.S. International Trade in Goods and Services, June 2024
Sections
Publication sections
Key evidence
The source directly compares reported values for the stated scope: Exports of goods increased $4.4 billion to $174.2 billion in June. The source reports an amount on a billion scale for the stated scope: Year-over-year, the average goods and services deficit increased $6.3 billion from the three months ending in June 2023. The source directly compares reported values for the stated scope: June exports were $265.9 billion, $3.9 billion more than May exports.
The source directly compares reported values for the stated scope: The average goods and services deficit increased $1.5 billion to $74.2 billion for the three months ending in June. The source directly compares reported values for the stated scope: The real goods deficit decreased $2.5 billion, or 2.6 percent, to $91.4 billion in June, compared to a 2.5 percent decrease in the nominal deficit. The source directly compares reported values for the stated scope: Imports of services increased $0.2 billion to $67.5 billion in June.
The source directly compares reported values for the stated scope: Exports of services decreased $0.4 billion to $91.7 billion in June. The source directly compares reported values for the stated scope: Bureau of Economic Analysis announced today that the goods and services deficit was $73.1 billion in June, down $1.9 billion from $75.0 billion in May, revised. The source reports an amount on a billion scale for the stated scope: Exports of goods on a Census basis increased $4.6 billion.
The source directly compares reported values for the stated scope: Imports of goods increased $1.9 billion to $271.6 billion in June. The source reports an amount on a billion scale for the stated scope: Imports of goods on a Census basis increased $2.1 billion. The source reports an amount on a billion scale for the stated scope: Exports increased $58.0 billion or 3.8 percent.
The source directly compares reported values for the stated scope: June imports were $339.0 billion, $2.0 billion more than May imports.
Verified evidence
Publication data points
| Label | Value | Unit | Period |
|---|---|---|---|
| Imports increased $80.7 billion or 4.2 percent. | 80.7 | billion | — |
| Net balance of payments adjustments decreased $0.2 billion. | 0.2 | billion | — |
| Year-over-year, the average goods and services deficit increased $6.3 billion from the three months ending in June 2023. | 6.3 | billion | — |
| Exports of goods on a Census basis increased $4.6 billion. | 4.6 | billion | — |
| Imports of goods on a Census basis increased $2.1 billion. | 2.1 | billion | — |
| Exports increased $58.0 billion or 3.8 percent. | 58 | billion | — |
| Year-to-date, the goods and services deficit increased $22.7 billion, or 5.6 percent, from the same period in 2023. | 22.7 | 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