The trade deficit of the United States in October fell more than expected, to 43,47 billion dollars, against the forecasts of analysts (44 billion). This is the fourth consecutive monthly reduction which brings the deficit to the lowest levels of 2011. In September the figure stood at 44,17 billion.
Both imports and exports showed a decrease. The figure was affected by the reduction to 26,01 billion from 28,3 billion in September in imports of crude oil, a significant component of the indicator. More broadly, imports of all energy goods fell to $32,6 billion from $35,11 billion the previous month. But at the same time the deficit with China has increased due to the sustained increase of Chinese imports to the United States.
The deficit rises to 28,1 billion from 25,7. The data on the trade deficit also signals the recovery of trade with Japan after the tsunami and the nuclear accident in March. Both imports of Japanese products increased, which were the highest since April 2008, and US exports to Japan, at their highest levels for 14 years.
