The goods and services trade deficit in the United States stood at $69.4 billion in March, going down by $100 million from the revised figure of $69.5 billion the month before, the US Census Bureau stated in their preliminary report issued on Thursday.
The country's exports of goods landed at $257.6 billion falling by $5.3 billion compared to February. During the corresponding month, imports of goods declined by $5.4 billion to reach $327 billion.
Year-to-date, the goods and services deficit increased by 3.2% or $6.5 billion from the same period in 2023, with exports rising 1.2% or $9.1 billion and imports growing 1.6% or $15.6 billion.
