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3 billion and in the exports of other goods of $0.7 billion in October compared to September. However, other goods categories reported decreases, like: foods, feeds and beverages (decrease was $0.5 billion), consumer goods (decrease was $0.4 billion), and industrial supplies and materials (decrease was $0.2 billion). Exports in categories like automotive parts, vehicle, and engine remained constant.
October imports of goods increased in the following categories: industrial supplies and materials with $1.9 billion, consumer goods with $0.4 billion, and automotive parts, vehicle, and engine with $0.5 billion. Imports of capital goods decreased with $0.5 billion, while imports of foods, feeds, and beverages decreased with $0.1 billion compared to the previous month. Other goods did not show any modification regarding imports.
Exports of services also increased October compared to September. The increase...
The most significant increases were reported in other private services (including business, professional, and technical services, insurance services, and financial services), travel, and other transportation. Compared to the same period last year, exports of services increased $4.1 billion.
Imports of services also increased $0.3 billion compared to the previous month. The most significant increases were reported in other private services. Compared to the same period last year, imports of services increased $2.6 billion.
For October 2007, United States reported surpluses with: Hong Kong ($1.3 billion), Australia ($0.9 billion), Singapore ($0.7 billion), Egypt ($0.5 billion), and Argentina ($0.3 billion). Deficits were also reported with: China ($25.9 billion), Europe ($13.7 billion), the European Union ($11.9 billion), OPEC ($11 billion), Japan ($8 billion), Mexico…
Reference List
1. U.S. International Trade in Goods and Services: October (2007). U.S. Census Bureau. U.S. Bureau of Economic Analysis. Retrieved December 17, 2007 at http://www.census.gov/foreign-trade/Press-Release/current_press_release/ftdpress.pdf.
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