Trade Deficit for March 2011 - $48.2 Billion

The March 2011 U.S. trade deficit increased $2.8 billion to $48.2 billion. The February 2011 monthly trade deficit was $45.4 billion. $31.3 billion of the March trade deficit is oil related, $8.8 billion more than 1 month ago, and 51.2% of the total goods trade deficit. Services have surplus of $13.9 billion and increased $0.2 billion last month.

Trade Deficit for February 2011 - $45.8 Billion

The February 2011 U.S. trade deficit decreased $1.2 billion to $45.8 billion. The January 2011 monthly trade deficit was $47 billion, revised up from $46.3 billion. $26.7 billion of this deficit is oil related, $0.9 billion less than 1 month ago, and 44.1% of the total goods trade deficit. Both imports and exports dropped, with imports declining $3.6 billion, or 1.7% and exports dropping $2.4 billion, or 1.4% for February.

Trade Deficit for January 2011 - $46.3 Billion

The January 2011 U.S. trade deficit increased a whopping $6 billion to $46.3 billion, from the December 2010 trade deficit of $40.3 billion, revised. $26.7 billion of this deficit is oil related, $1.2 billion more than 1 month ago, and 45.3% of the total goods trade deficit. Imports increased 2.4 times faster than exports than December, with monthly increases of $4.4 billion for exports and imports $$10.5 billion.

China Trade Surplus for January 2011

The headlines blare China's trade deficit shrunk, yet what does that mean for the United States and it's massive deficit with China?

Imports jumped 51% from the year-ago period, while exports grew by 37.7%, according to reports citing official data released over state television Monday.

While reports show China's trade surplus was cut by half, from $13.1 billion to $6.5 billion, unless those imports come from the United States, a 37.7% China export increase from a year ago is not good news for America.

The United States is China's biggest export destination, so odds are those exports are coming here. Notice China reports only two way trade, but most of the trade with the U.S. is one way and that is China exporting to America.

More of the rise in imports is due to increasing commodity prices:

he average price of imported iron ore was more than US$151 per ton, rising 66 percent year-on-year, while bean prices rose 20.4 percent.

The China State Press has a different take and notes China's trade activity has surged 44% from one year ago.

The European Union remained China's largest trade partner in 2010, with EU-China trade up 30.5 percent year on year to 45.97 billion U.S. dollars.

Trade Deficit for December 2010 - $40.6 Billion

The December 2010 U.S. trade deficit increased $2.3 billion to $40.6 billion. $25.3 billion of this deficit is oil related. For the year, the trade deficit is -$497.8 billion, a trade deficit increase of -$122.9 billion, or 32.8% increase, in comparison to 2009. Oil related trade was -$265 billion of the total yearly 2010 deficit, or 53.2%.

Trade Deficit for November 2010 - $38.3 Billion

The November 2010 U.S. trade deficit decreased $0.1 billion to $38.3 billion. October's trade deficit was revised to $38.4 billion. Exports increased $1.2 billion and imports increased $1.1 billion. That's only a 0.7% increase in exports from last month, so in a nutshell, the trade deficit didn't budge much from October.

China Trade Surplus for December 2010

You think the United States government produces imaginary numbers for economic reports? Try China. Consider the heat on the U.S. trade deficit, jobs, currency manipulation and China. Now we have a trade report from China claiming their surplus was cut almost in half in a month.

China & India Gang Up on Trade

China and India have set a $100 billion trade goal between the two countries.

Indian and China have agreed a new $100bn (£66bn) bilateral trade target by 2015, up from $60bn in 2010.

The two sides agreed to take measures to promote greater Indian exports to China, to reduce India's trade deficit.

Trade Deficit for October 2010 - $38.7 Billion

The October 2010 U.S. trade deficit decreased $3.9 billion to $38.7 billion. September's trade deficit was revised to $44.6 billion. Exports increased $4.9 billion and imports decreased $0.9 billion. That's a 13.2% trade deficit decrease in a month. Exports alone increased 3.19% in October, which is a long time coming.

Trade Deficit for September 2010 - $44 Billion

The September 2010 U.S. trade deficit decreased $2.5 billion to $44.0 billion. August's trade deficit was revised, from $46.347 to $46.5 billion. The decline in the trade deficit was due to a $2.0 billion drop in imports. Exports increased $0.5 billion. China alone was 47.5% of the trade deficit.

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