April 2019 US trade balance data

  • Prior was -$50.0B (revised to -$51.9B)
  • US exports -2.2% (worst month since Jan 2016)
  • US imports -2.2%
  • Goods shipments to China down 20% year-to-date
  • Imports from China -13.2% year-to-date

The drop in exports was on aircraft (Boeing) while the drop in imports was on chemicals, semi-conductors and autos.