In June, the U.S. goods deficit decreased $9.7 billion from May to $53.2 billion.
Exports of goods increased $4.0 billion month-over-month to $134.3 billion in June, while imports of goods decreased $5.7 billion to $187.4 billion.
The May-to-June increase in exports of goods reflected increases in industrial supplies and materials; capital goods; consumer goods; foods, feeds and beverages; and other goods, offsetting decreases in automotive vehicles, parts and engines. The month-over-month decrease in imports of goods reflected drops in industrial supplies and materials; consumer goods; other goods; foods, feeds and beverages; and automotive vehicles, parts and engines, despite basically flat results for capital goods.
The total deficit, including trade in services, fell $8.2 billion year-over-year and $9.9 billion month-to-month to $34.2 billion. Compared with June 2012, exports were up $6.0 billion, or 3.2 percent, at $191.2 billion, and imports were down $2.3 billion, or 1.0 percent, at $225.4 billion. Compared with the previous month, exports were up $4.1 billion, while imports were down $5.8 million.