June 2012 International Trade

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Total June exports of $185.0 billion and imports of $227.9 billion resulted in a goods and services deficit of $42.9 billion, down from $48.0 billion in May, revised. June exports were $1.7 billion more than May exports of $183.3 billion. June imports were $3.5 billion less than May imports of $231.4 billion.

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Paper exports retreated slightly, falling by 15,000 tons (0.6 percent). Imports also decreased by 14,000 tons (1.8 percent). Exports were 312,000 tons (11.6 percent) lower than a year earlier while imports were 50,000 tons (6.2 percent) lower.
 

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Softwood lumber exports ticked lower, by 4 MMBF (3.3 percent), in June while imports fell by 51 MMBF (6.0 percent). Exports were 18 MMBF (12.2 percent) lower than year-earlier levels; imports were 42 MMBF (5.6 percent) higher.