MARCH 7, 2017 - The U.S. Census Bureau today released the for January 2017. This report includes data for the goods and services trade balance showing three-year highs for exports and imports. January exports of goods and services were $192.1 billion, the highest since December 2014 when they were $197.5 billion. January imports of goods and services were $240.6 billion, the highest since December 2014 when they were $241.2 billion.
For January 2017:
The top exports of goods were automotive parts and accessories at $5.0 billion; passenger cars, new and used at $4.9 billion; and pharmaceutical preparations at $4.5 billion.
The top exports of services were travel (for all purposes including education) at $17.4 billion, other business services at $12.1 billion, and charges for the use of intellectual property at $10.2 billion.
The top imports of goods were passenger cars, new and used at $15.9 billion; crude oil at $11.8 billion; and cell phones and other household goods at $9.6 billion.
The top imports of services were travel (for all purposes including education) at $10.5 billion, transport at $8.5 billion, and other business services at $8.4 billion.
Note: All statistics referenced are seasonally adjusted.
No news release associated with this report. Tip Sheet only.
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Source: U.S. Department of Census Bureau
