{"id":20630,"date":"2011-04-12T16:26:35","date_gmt":"2011-04-12T20:26:35","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20630"},"modified":"2011-04-12T16:26:35","modified_gmt":"2011-04-12T20:26:35","slug":"us-balance-of-trade-deficit-decreases-in-february-as-imports-slide-deficit-with-china-declines","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/04\/12\/us-balance-of-trade-deficit-decreases-in-february-as-imports-slide-deficit-with-china-declines\/","title":{"rendered":"US Balance of Trade Deficit decreases in February as Imports slide. Deficit with China declines"},"content":{"rendered":"<p><strong>By CountingPips.com<\/strong><\/p>\n<p>The United States trade deficit decreased in February as a result of lower import levels, according to a release by the Commerce Department today. The U.S. trade deficit declined by $1.2 billion in February to a total shortfall of $45.8 billion following a revised deficit of $47.0 billion in January.<\/p>\n<p><a href=\"http:\/\/countingpips.com\/fx\/resources\/forex-trading-software\/trend-analysis\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" src=\"http:\/\/countingpips.com\/Images\/Ads\/TrendAnalysis250.jpg\" alt=\"\" width=\"242\" height=\"204\" \/><\/a>The trade data was higher than the market forecasts that were expecting a deficit of approximately $44.0 billion for the month.<\/p>\n<p>The lower deficit was the result of a bigger decrease in imports than in exports. Imports of goods and services fell by $3.6 billion for the month to a total of $210.9 billion. Imports had registered a total of $214.5 billion in January.<\/p>\n<p>The US exported a total of $165.1 billion worth of goods and services in February which was an decrease of $2.4 billion from January\u2019s total exports of $167.5 billion.<\/p>\n<p>The politically sensitive U.S. trade deficit with China declined in February to a $18.8 billion shortfall following a deficit of $23.3 billion in January. Other notable U.S. trade deficits were with OPEC at $9.4 billion, the European Union at $6.9 billion, Mexico at $5.3 billion, Japan at $5.2 billion and Germany at $3.3 billion.<\/p>\n<p>The U.S. trade surpluses with other countries for February included Hong Kong at $2.5 billion, Singapore at $0.8 billion, Australia at $1.4 billion and Egypt at $0.5 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States trade deficit decreased in February as a result of lower import levels, according to a release by the Commerce Department today. The U.S. trade deficit declined by $1.2 billion&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-20630","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=20630"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20630\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}