Total April exports were $182.8 billion and imports were $220.2 billion, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce. This resulted in a goods and services deficit of $37.4 billion, up $1.9 billion from March. April exports were up $2.6 billion from March, and April imports were up $4.5 billion.
The April increase in the goods and services deficit reflected an increase in the goods deficit of $1.4 billion to $58.8 billion and a decrease in the services surplus of $0.5 billion to $21.4 billion.
Year-to-date, the goods and services deficit decreased $8.1 billion, or 4.8 percent, from the same period in 2015. Exports decreased $39 billion or 5.1 percent. Imports decreased $47.1 billion or 5.1 percent.
Exports of goods increased $2.9 billion and exports of services decreased $0.3 billion. The increase in exports of goods mostly reflected increases in industrial supplies and materials ($1.8 billion) and automotive vehicles, parts and engines ($0.8 billion). The decrease in exports of services mainly reflected decreases in travel ($0.2 billion).
Imports of goods increased $4.3 billion and imports of services increased $0.3 billion. The increase in imports of goods mostly reflected an increase in capital goods ($2.5 billion) and industrial supplies and materials ($1.1 billion).
The increase in imports of services mainly reflected increases in transport ($0.2 billion).
