The U.S. Census Bureau released its Merchandise Trade data numbers on July 12th, for May 2011. The Merchandise Trade balance widened from a deficit of $54.3 billion in April to a deficit of $64.3 billion in May.
Below is an in-depth breakdown of the U.S. Census Merchandise Trade data. This month we have highlighted 3 interesting items that we found while looking at May's data; here are the highlights:
- Oil Imports on the Rise
- Trade with Japan Decreased
- Exports Stay Strong
Click here for Zepol's U.S. Census Merchandise Trade Data Update for May 2011