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US trade deficit at lowest since 2009

Exports grew by 0,9%, to 194,86 billion dollars, the highest ever recorded – On an annual basis, however, exports increased by 5,2%, while imports fell by 1,4 % to 229,11 billion.

US trade deficit at lowest since 2009

In November, the US trade deficit fell to its lowest since October 2009 thanks to the good performance of exports. The figure fell to $34,25 billion from $39,33 billion the previous month, according to the US Commerce Department. Analysts had forecast an increase to 40 billion.

Exports grew by 0,9% to 194,86 billion dollars, the highest ever recorded. On an annual basis, however, exports increased by 5,2%, while imports fell by 1,4% to 229,11 billion.

As regards relations with commercial partners, exports to China in the January-November period increased by 8,7% compared to the same period last year. Those to the European Union fell by 1% in the first eleven months of the year, while those to Canada rose by 2,5%.

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