Real exports of goods decreased $6.0 billion to $147.2 billion.The real goods deficit increased $6.4 billion to $118.1 billion in January. Real Goods in 2012 Dollars – Census Basis (exhibit 11) Other business services increased $0.1 billion.Imports of services decreased $1.0 billion to $49.3 billion in January. Net balance of payments adjustments increased $0.2 billion. Other industrial machinery increased $0.3 billion.Telecommunications equipment increased $0.3 billion.Foods, feeds, and beverages increased $1.4 billion.Industrial supplies and materials increased $1.5 billion.Other automotive parts and accessories increased $0.5 billion.Automotive vehicles, parts, and engines increased $1.6 billion.Imports of goods on a Census basis increased $4.6 billion. Imports of goods increased $4.8 billion to $264.8 billion in January. Financial services increased $0.2 billion.
Average exports decreased $0.1 billion to $225.9 billion in January.
The average goods and services deficit increased $7.6 billion to $83.9 billion for the three months ending in January.
#International trade imports and exports full
The full economic effects of the pandemic cannot be quantified in the statistics because the impacts are generally embedded in source data and cannot be separately identified. But forecasters say the peak of that rebound probably has passed.The global pandemic and the economic recovery continued to impact international trade in January 2022. economy to enter recession,” Lloyd Chan of Oxford Economics said in a report.įactory output and consumer spending revived after controls that cut off access to major cities for weeks at a time and blocked most international travel were lifted in December. “China’s exports will remain subdued, as we anticipate the U.S. Trade weakness adds to downward pressure on the world’s second-largest economy following lackluster factory and consumer activity and a surge in unemployment among young people. China’s global trade surplus narrowed by 16.1% to $65.8 billion. Imports fell to $217.7 billion, moderating from the previous month’s 7.9% contraction. BEIJING (AP) - China’s exports fell 7.5% from a year earlier in May and imports were down 4.5%, adding to signs an economic rebound following the end of anti-virus controls is slowing as global demand weakens under pressure from higher interest rates.Įxports slid to $283.5 billion, reversing from April’s unexpectedly strong 8.5% growth, customs data showed Wednesday.
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