Official Publication Edition · GDP
Source-grounded publication
December imports were $320.4 billion, $4.2 billion more than November imports.
$62.2 Billion
Source
U.S. International Trade in Goods and Services, December and Annual 2023
Sections
Publication sections
Key evidence
The source directly compares reported values for the stated scope in the generic-text section: The average goods and services deficit increased $0.5 billion to $62.7 billion for the three months ending in December. 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 decreased $8.5 billion from the three months ending in December 2022.
The source reports an amount on a billion scale for the stated scope in the generic-text section: For 2023, the goods and services deficit decreased $177.8 billion, or 18.7 percent, from 2022. The source reports an amount on a billion scale for the stated scope in the generic-text section: Imports of goods on a Census basis increased $3.7 billion. The source reports an amount on a billion scale for the stated scope in the generic-text section: Net balance of payments adjustments decreased $1.1 billion.
The source reports an amount on a billion scale for the stated scope in the generic-text section: $320.4 Billion The source reports an amount on a billion scale for the stated scope in the generic-text section: Exports increased $35.0 billion or 1.2 percent. 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 $4.2 billion.
The source directly compares reported values for the stated scope in the generic-text section: December exports were $258.2 billion, $3.9 billion more than November exports. The source directly compares reported values for the stated scope in the generic-text section: The December increase in the goods and services deficit reflected an increase in the goods deficit of $0.7 billion to $89.1 billion and an increase in the services surplus of $0.4 billion to $26.9 billion.
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 $62.2 billion in December, up $0.3 billion from $61.9 billion in November, revised. The source directly compares reported values for the stated scope in the generic-text section: Imports of goods increased $3.8 billion to $260.3 billion in December. The source reports an amount on a billion scale for the stated scope in the generic-text section: $258.2 Billion
Verified evidence
Publication data points
| Label | Value | Unit | Period |
|---|---|---|---|
| $62.2 Billion | 62.2 | billion | — |
| Imports decreased $142.7 billion or 3.6 percent. | 142.7 | billion | — |
| Year-over-year, the average goods and services deficit decreased $8.5 billion from the three months ending in December 2022. | 8.5 | billion | — |
| For 2023, the goods and services deficit decreased $177.8 billion, or 18.7 percent, from 2022. | 177.8 | billion | — |
| Imports of goods on a Census basis increased $3.7 billion. | 3.7 | billion | — |
| Net balance of payments adjustments decreased $1.1 billion. | 1.1 | billion | — |
| $320.4 Billion | 320.4 | billion | — |
| Exports increased $35.0 billion or 1.2 percent. | 35 | 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