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Official Publication Edition · GDP

Source-grounded publication

Exports increased $37.6 billion or 2.5 percent.

Year-over-year, the average goods and services deficit decreased $14.2 billion from the three months ending in June 2022.

Published
Release date
PublisherBureau of Economic Analysis

Source

U.S. International Trade in Goods and Services, June 2023

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Sections

Publication sections

Key evidence

The source reports an amount on a billion scale for the stated scope in the generic-text section: $65.5 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 less than $0.1 billion.

The source directly compares reported values for the stated scope in the generic-text section: The June decrease in the goods and services deficit reflected a decrease in the goods deficit of $2.8 billion to $88.2 billion and a decrease in the services surplus of less than $0.1 billion to $22.7 billion. 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 decreased $2.9 billion.

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 decreased $0.1 billion. The source reports an amount on a billion scale for the stated scope in the generic-text section: Imports decreased $80.1 billion or 4.0 percent.

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 $65.5 billion in June, down $2.8 billion from $68.3 billion in May, 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 decreased $117.7 billion, or 22.3 percent, from the same period in 2022.

The source directly compares reported values for the stated scope in the generic-text section: Exports of goods decreased $0.2 billion to $165.1 billion in June. The source reports an amount on a billion scale for the stated scope in the generic-text section: $247.5 Billion The source directly compares reported values for the stated scope in the generic-text section: Exports of services decreased $0.2 billion to $82.3 billion in June.

The source directly compares reported values for the stated scope in the generic-text section: Imports of goods decreased $2.9 billion to $253.3 billion in June. The source directly compares reported values for the stated scope in the generic-text section: June exports were $247.5 billion, $0.3 billion less than May exports.

Verified evidence

Publication data points

Verified numeric data points from this publication
LabelValueUnitPeriod
Exports increased $37.6 billion or 2.5 percent.37.6billion
Year-over-year, the average goods and services deficit decreased $14.2 billion from the three months ending in June 2022.14.2billion
$65.5 Billion65.5billion
Net balance of payments adjustments decreased less than $0.1 billion.0.1billion
Imports of goods on a Census basis decreased $2.9 billion.2.9billion
Exports of goods on a Census basis decreased $0.1 billion.0.1billion
Imports decreased $80.1 billion or 4.0 percent.80.1billion
Year-to-date, the goods and services deficit decreased $117.7 billion, or 22.3 percent, from the same period in 2022.117.7billion
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