July 2012 International Trade

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Total July exports of $183.3 billion and imports of $225.3 billion resulted in a goods and services deficit of $42.0 billion, up from $41.9 billion in June. July exports were $1.9 billion less than June exports of $185.2 billion. July imports were $1.8 billion less than June imports of $227.1 billion.
 

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Paper exports advanced slightly, rising by 43,000 tons (1.8 percent). Imports increased more dramatically, by 71,000 tons (9.4 percent). Exports were 224,000 tons (8.5 percent) lower than a year earlier while imports were 45,000 tons (5.2 percent) lower.
 

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Softwood lumber exports edged up by 1 MMBF (0.5 percent), in July while imports exploded by 167 MMBF (21.0 percent). Exports were 12 MMBF (8.6 percent) lower than year-earlier levels; imports were 177 MMBF (22.5 percent) higher.