In April 2006, goods exports decreased by $0.50 billion to $81.86 billion, whereas goods imports increased $1.25 billion to $151.32 billion. According to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, “the March to April change in exports of goods reflected decreases in consumer goods ($0.42 billion) and capital goods ($0.18 billion), and an increase in automotive vehicles, parts, and engines ($0.09 billion).” The change of imports during the same period is attributed to an increase in industrial supplies and materials ($2.41 billion); automotive vehicles, parts, and engines ($0.41 billion); and capital goods ($0.10 billion), as well as a decrease in imports of consumer goods ($1.27 billion); other goods ($0.22 billion); and foods, feeds, and beverages ($0.14 billion).

With regard to services, U.S. total trade slightly increased in April due to an exports growth of $0.22 billion to $33.80 billion and imports growth of $0.03 billion to $27.76 billion. Changes in services exports resulted from an increase in travel ($0.14 billion); other transportation ($0.05 billion); royalties and license fees ($0.04 billion); transfers under U.S. military contracts ($0.07 billion), and a decrease in other private services ($0.06 billion). Services imports remained virtually unchanged, due to an increase in travel ($0.15 billion) and passenger traffic ($0.04 billion) being offset by a decrease in other transportation ($0.20 billion).

In January-April 2006, the total trade deficit averaged $63.54 billion, while the average monthly goods deficit equaled $69.36 billion and services surplus equaled $5.82 billion. During the same four months, U.S. major trading partners were Canada ($178.12 billion); Mexico ($106.58 billion); China ($98.12 billion); Japan ($66.49 billion) and Germany ($42.32 billion). The greatest trade deficits were recorded with China ($64.36 billion) and Japan ($28.94 billion).

The full announcement "U.S. International Trade in Goods and Services - April 2006" by the U.S. Census Bureau and U.S. Bureau of Economic Analysis is available online.

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