Tag Archives: imports

U.S. International Trade in Goods and Services – March 2015

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The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $51.4 billion in March, up $15.5 billion from $35.9 billion in February, revised. March exports … Continue reading

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Fancy a Pint?



By: Stephen Jackson “He is a wise man who invented beer.” –Plato Some may have different views on beer, good or bad, it’s a national and international phenomenon. While I do not think many would argue with me about this … Continue reading

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August 2014, Trade Deficit Decreases



By: Henock Kebede The trade deficit in goods and services decreased by $0.2 billion to $40.1 billion in August. A slightly larger increase in exports of $0.4 billion (to $198.5 billion) than imports of $0.2 billion (to $238.6 billion) drove … Continue reading

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July 2014, Trade Deficit Decreases



By: Carlann Unger Balance of Payments Basis The trade deficit in goods and services continued to decrease for the third month, dropping $0.3 billion to $40.5 billion. A slightly larger increase in exports of $1.8 billion (to $198.0 billion) than … Continue reading

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A Look into Foreign Trade Zones



By: Michael Simmons What are Foreign Trade Zones? Why Foreign Trade Zones? If you’ve thought about expanding your trade efforts, there are many advantages for using or operating a Foreign Trade Zone (FTZ). You can ship, store, assemble, or manufacture … Continue reading

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My Vacation in the Virgin Islands is Over. How Do I Declare My Goods?



By: Clara Santiago The Caribbean is an excellent place to spend the rainy days of spring. Don’t let your vacation be ruined by not being able to take your recently purchased goods with you! If your shipment is leaving the … Continue reading

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Nature Strikes Again. What Does That Mean for Trade?



By: Stephen Jackson It is incredible to see the impact that a single storm can make on an area. What might be just as impressive is the immediate effect it can have on Trade. It will inevitably take some time … Continue reading

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Trade Term: Harmonized System



By: John Sperry Though I joined the Foreign Trade Division in July, I still find myself exposed to new trade terms. During my first assignment to learn how to use USA Trade Online (UTO), I was introduced to this month’s … Continue reading

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Record Goods and Services Trade in 2011



  By: Fay Johnson First, let’s take a quick look at the trade numbers for December 2011.  For December, the trade deficit in goods and services increased to $48.8 billion from $47.1 billion (revised) in November, as imports increased $3.0 … Continue reading

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U.S. Trade Deficit Increases in November



By: Janet Freas A decrease in November exports and an increase in imports resulted in a rise in the Nation’s international trade deficit in goods and services to $47.8 billion compared to $43.3 billion (revised) in October. November exports, $177.8 … Continue reading

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