August 2012 International Trade

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Total August exports of $181.3 billion and imports of $225.5 billion resulted in a goods and services deficit of $44.2 billion, up from $42.5 billion in July. August exports were $1.9 billion less than July exports of $183.2 billion. August imports were $0.2 billion less than July imports of $225.7 billion.
 

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Paper exports retreated slightly, falling by 21,000 tons (0.9 percent). By contrast, imports increased by 22,000 tons (2.6 percent). Exports were 273,000 tons (10.2 percent) lower than a year earlier while imports were 11,000 tons (1.3 percent) lower.
 

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Softwood lumber exports were virtually unchanged, edging up by 1 MMBF (0.6 percent), in August while imports fell by 78 MMBF (8.1 percent). Exports were 25 MMBF (16.1 percent) lower than year-earlier levels; imports were 121 MMBF (15.8 percent) higher.