Advanced goods trade balance for March

US advanced goods trade balance
  • Advanced goods trade balance - $71.4 billion versus -$73.0 estimate
  • total exports of goods $140.299B, up the 1%
  • Total imports of goods $211.746, up 0.9%

A good report vs expectations as exports and imports both rose and the deficit narrowed. The goods trades report does not include services which the US has a surplus monthly which lowers the overall trade deficit on a monthly basis. The total trade deficit was $49.4 billion in February