Monthly Trade Highlights

July 2012 Highlights

This page shows the Balance, Exports and Imports for the current month and prior month, along with the percent change and dollar change between the two. The last column of the table shows the last time the percent change (or dollar change) was larger. Some interesting facts about this month's International Trade in Goods and Services report can be found at the bottom of the page.

Goods and Services on a Balance of Payments (BOP) Basis, seasonally adjusted - series began with July 1992 statistics.

All Values in billions of dollars

Percent Change from Prior Month

	July 2012 (Billions of $)	June 2012 (Billions of $)	Percent Change from Prior Month	Last time the Increase/Decrease in Percent Change was larger/When it Occured
Goods and Services
Balance	-$42.0	-$41.9	0.2%	16.0% from February 2012 to March 2012
Exports	$183.3	$185.2	-1.0%	-1.1% from March 2012 to April 2012
Imports	$225.3	$227.1	-0.8%	-1.5% from May 2012 to June 2012
Goods (BOP Basis)
Balance	-$57.3	-$57.4	-0.3%	-9.0% from May 2012 to June 2012
Exports	$130.8	$132.8	-1.5%	-2.6% from May 2011 to June 2011
Imports	$188.1	$190.2	-1.1%	-1.9% from May 2012 to June 2012

 

Dollar Change From Prior Month

	July 2012 (Billions of $)	June 2012 (Billions of $)	Dollar Change From Prior Month	Last time the Increase/Decrease in Dollar Change was larger/When it Occured
Goods and Services
Balance	-$42.0	-$41.9	-$0.1	-$7.1 from February 2012 to March 2012
Exports	$183.3	$185.2	-$1.9	-$2.0 from March 2012 to April 2012
Imports	$225.3	$227.1	-$1.8	-$3.6 from May 2012 to June 2012
Goods (BOP Basis)
Balance	-$57.3	-$57.4	$0.2	$5.7 from May 2012 to June 2012
Exports	$130.8	$132.8	-$1.9	-$3.2 from May 2011 to June 2011
Imports	$188.1	$190.2	-$2.1	-$3.7 from May 2012 to June 2012

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• July imports of services ($37.2 billion) were the highest on record.

Goods on a Census Basis (seasonally adjusted)

Exports

• July exports of foods, feeds, and beverages ($12.9 billion) were the highest on record.

Imports

• July imports of automotive vehicles, parts, and engines ($26.0 billion) were the highest on record.
• July imports of industrial supplies and materials ($57.0 billion) were the lowest since December 2010 ($54.6 billion).
• July imports of petroleum ($30.8 billion) were the lowest since November 2010 ($27.4 billion).

Country and other highlights (Census Basis, not seasonally adjusted)

• The July deficit with China ($29.4 billion) and July imports from China ($37.9 billion) were the highest on record.
• The July deficit with the European Union ($12.0 billion) was the highest since October 2007 ($12.2 billion).
• July exports to Germany ($3.6 billion) were the lowest since February 2010 ($3.5 billion).