The US trade deficit in February grew by 2.7%, to 64,629 million

Madrid, April 5th. (Press Europe) –

The US trade balance deficit reached $70.535 million (64,629 million euros) last February, a figure that represents an increase of 2.7% compared to the previous month, but it decreased by 19.2% in a year, according to the Ministry of Commerce. data.

In the second month of the year, US exports decreased by 2.7% compared to January, but increased by 8.1% compared to February of the previous year, reaching $251,150m (€230,122m).

For their part, imports also fell 1.5% month-on-month, but rose 0.7% year-on-year, to a total of $321,686m (€294,752m).

Exports were affected by the contraction in sales of industrial supplies. vehicles, machinery and engines; consumer goods and capital goods, while the export of services improved thanks to the travel sector.

For their part, American imports were conditioned by the development of less-bought consumer goods, especially cell phones, medicines, and cotton clothing. Fewer cars, trucks and other vehicles were also purchased abroad. By contrast, imports of services rose slightly thanks to the momentum from transportation.

As for the trade deficit with China, which is the largest maintained by the leading power in the world with other countries, it widened by 3,200 million dollars (2,932 million euros), to reach 25,200 million dollars (23,090 million euros) due to the widening gap between the two countries. Exports and imports.

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Sacha Woodward

"Wannabe writer. Lifelong problem solver. Gamer. Incurable web guru. Professional music lover."

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