January Trade Figures

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced Thursday that the goods and services deficit was $67.4 billion in January, up $3.3 billion from $64.2 billion in December, revised.

The deficit with Vietnam decreased $1.5 billion to $8.5 billion in January. Exports increased less than $0.1 billion to $0.9 billion and imports decreased $1.5 billion to $9.4 billion.

Deficits were recorded, in billions of dollars, with China ($22.9), European Union ($18.1), Mexico ($12.7), Vietnam ($8.5), Japan ($7.3), Germany ($6.3), Ireland
($6.0), Canada ($5.7), South Korea ($5.5), Taiwan ($4.8), Italy ($3.8), India ($3.7), Malaysia ($2.1),  Switzerland ($1.5), France ($1.4), and Israel ($0.4).

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