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November 05, 2018

U.S. international trade deficit increased to $54.0 billion in September

The U.S. Census Bureau announced that the country's goods and services deficit was $54.0 billion in September, up $0.7 billion from $53.3 billion in August

September exports were $212.6 billion, $3.1 billion more than August exports. September imports were $266.6 billion, $3.8 billion more than August imports.

The September increase in the goods and services deficit reflected an increase in the goods deficit of $0.6 billion to $77.2 billion and a decrease in the services surplus of $0.1 billion to $23.2 billion.

The September figures show surpluses, in billions of dollars, with South and Central America ($3.2), Hong Kong ($2.4), Brazil ($0.6), and Singapore ($0.1).

Deficits were recorded, in billions of dollars, with China ($37.4), European Union ($14.2), Mexico ($7.6), Germany ($5.2), Japan ($4.9), Italy ($2.3), OPEC ($2.3), Canada ($2.2), South Korea ($2.0), India ($1.7), Saudi Arabia ($1.5), France ($1.5), Taiwan ($0.9), and United Kingdom ($0.2).