The March figures showed surpluses, in billions of dollars, with Australia $1.5 ($1.2 for February), Singapore $1.5 ($1.1), Hong Kong $1.2 ($1.2), and Egypt $0.4 ($0.4). Deficits were recorded, in billions of dollars, with China $16.1 ($18.4), OPEC $14.1 ($13.2), Japan $7.5 ($6.9), the European Union $7.5 ($6.9), Canada $6.5 ($6.5), Mexico $6.0 ($5.5), Nigeria $3.3 ($2.9), Venezuela $2.8 ($2.6), Korea $0.8 ($1.1), and Taiwan $0.3 ($0.7).

Advanced technology products (ATP) exports were $24.7 billion in March and imports were $27.9 billion, resulting in a deficit of $3.3 billion. March exports were $2.4 billion more than the $22.3 billion in February, while imports were $2.3 billion more than the $25.6 billion in February.

Revisions

Goods carry-over in March was $0.4 billion (0.3 percent) for exports and $0.8 billion (0.5 percent) for imports. For February, revised export carry-over was $0.1 billion (0.1 percent), revised down from $0.4 billion (0.4 percent). For February, revised import carry-over was $0.3 billion (0.2 percent), revised down from $1.7 billion (1.0 percent).

Services exports for February were revised down $0.2 billion to $43.8 billion. The revision was mostly accounted for by a downward revision in travel. Services imports for February were virtually unchanged at $33.4 billion.


Available at:

http://www.bea.gov/newsreleases/international/trade/tradnewsrelease.htm