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US trade deficit shrinks in February

0 Comment(s)Print E-mail Xinhua, April 18, 2019
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The U.S. trade deficit shrank to US$49.4 billion in February, down 3.4 percent month-on-month, data released Wednesday by the U.S. Department of Commerce showed.

The US$1.7 billion decrease came with a year-over-year drop in the goods and services deficit of US$8.3 billion, or 7.6%, from February 2018.

The January deficit figure remained unchanged at US$51.1 billion after revision.

Exports rose to US$209.7 billion, a US$2.3 billion increase from January, while imports reached US$259.1 billion, up US$0.6 billion from the previous month, the data showed. 

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