The U.S. Census Bureau released its Merchandise Trade data numbers on August 11th for June 2010. The Merchandise Trade balance increased 54.1% over last June and 22.9% from the previous month. Imports grew by 8.4% from May and gained 33.0% over last year, while exports rose 1.4% from the previous month and increased 23.2% over June 2009.
Below is an in-depth breakdown of the U.S. Census Merchandise Trade data released last week. This month we have highlighted 5 interesting items that we found while looking at June's data; here are the highlights:
- How shipments arrive indicates new trade trends
- Extreme temperatures may lead to gains in U.S. wheat exports
- Air exports show the seasonality of trade
- Impact of Obama’s signing law to suspend some import duties
- Evolving Harmonized System doesn’t react fast enough to new technologies
Click here for Zepol's U.S. Census Merchandise Trade Data Update for June 2010