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2021-10-05

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES, AUGUST 2021

August exports were $213.7 billion, $1.0 billion more than July exports. 

August imports were $287.0 billion, $4.0 billion more than July imports.


Year-to-date, the goods and services deficit increased $140.8 billion, 

or 33.7 percent, from the same period in 2020. 


Exports increased $244.3 billion or 17.5 percent. 

Imports increased $385.1 billion or 21.2 percent.




US Trade deficit July 2019 - 2021




The U.S. trade deficit widened to a record in August

“With most other economies still behind the U.S. in their recovery from the pandemic, and domestic consumption growth slowing, we still think goods exports will start to catch up with imports soon,” Andrew Hunter, senior U.S. economist for Capital Economics, a research firm, wrote in a note.

WSJ 5 October 2021




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