March 2012 International Trade

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Total March exports of $186.8 billion and imports of $238.6 billion resulted in a goods and services deficit of $51.8 billion, up from $45.4 billion in February. March imports were $11.7 billion more than February imports of $226.9 billion.
 

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Paper exports recovered somewhat, rising by 159,000 tons (6.4 percent) in March. Imports also rose, but by a much narrower margin: +70,000 tons (9.7 percent). Exports were 132,000 tons (4.8 percent) lower than a year earlier while imports were 31,000 tons (3.7 percent) lower.
 

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Softwood lumber exports rose by 15 MMBF (12.3 percent) in March but imports rose by 45 MMBF (5.9 percent). Exports were 5 MMBF (3.5 percent) lower than year-earlier levels; imports were 27 MMBF (3.3 percent) lower.