May 2012 International Trade

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Total April exports of $182.9 billion and imports of $233.0 billion resulted in a goods and services deficit of $50.1 billion, down from $52.6 billion in March. April exports were $1.5 billion less than March exports of $184.4 billion. April imports were $4.1 billion less than March imports of $237.1 billion.
 

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Paper exports advanced slightly, rising by 34,000 tons (1.4 percent). Imports also increased by 38,000 tons (5.2 percent). Exports were 373,000 tons (13.5 percent) lower than a year earlier while imports were 61,000 tons (7.4 percent) lower.
 

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Softwood lumber exports ticked lower, by 3 MMBF (2.5 percent), in May but imports rose by 73 MMBF (9.4 percent). Exports were 22 MMBF (14.1 percent) lower than year-earlier levels; imports were 111 MMBF (15.0 percent) higher.