The US monthly international trade deficit increased in November 2009, according to the US Bureau of Economic Analysis and the US Census Bureau. The deficit increased from $33.2 billion (revised) in October to $36.4 billion in November, as imports increased more than exports. The previously published October deficit was $32.9 billion.

Exports

Exports of goods and services increased $1.2 billion in November to $138.2 billion, mostly reflecting an increase in goods exports. Services exports also increased.

• The increase in goods exports was more than accounted for by increases in foods, feeds, and beverages and automotive vehicles, parts, and engines. The largest decrease was in consumer goods.
• The increase in services exports was more than accounted for by an increase in other transportation, which includes freight and port services. A decrease in travel was partly offsetting.

The October to November increase in exports of goods reflected increases in foods, feeds, and beverages ($1.3 billion); automotive vehicles, parts, and engines ($0.7 billion); and capital goods ($0.4 billion). Decreases occurred in consumer goods ($0.7 billion), industrial supplies and materials ($0.5 billion), and other goods ($0.4 billion).

The November 2008 to November 2009 decrease in exports of goods reflected decreases in capital goods ($2.3 billion); automotive vehicles, parts, and engines ($0.6 billion); industrial supplies and materials ($0.5 billion); other goods ($0.5 billion); and consumer goods ($0.2 billion). An increase occurred in foods, feeds, and beverages ($1.1 billion).

Services exports increased $0.1 billion from October to November. The increase was more than accounted for by an increase in other transportation (which includes freight and port services). A decrease in travel was partly offsetting. Changes in the other categories of services exports were small.

Services exports decreased $0.4 billion from November 2008 to November 2009. The largest decreases were in travel ($0.5 billion), royalties and license fees ($0.4 billion), and passenger fares ($0.3 billion). Increases in
other private services ($0.5 billion), which includes items such as business, professional, and technical services; insurance services; and financial services, and transfers under U.S. military sales contracts ($0.5 billion) were
partly offsetting.

Imports

Imports of goods and services increased $4.4 billion in November to $174.6 billion, mostly reflecting an increase in goods imports. Services imports also increased.

• The increase in goods imports was more than accounted for by increases in industrial supplies and materials, consumer goods, and capital goods. The largest decrease was in foods, feeds, and beverages.
• The increase in services imports was more than accounted for by an increase in other transportation. A decrease in travel was partly offsetting.

The October to November increase in imports of goods reflected increases in industrial supplies and materials ($2.1 billion), consumer goods ($1.4 billion), and capital goods ($1.2 billion). Decreases occurred in foods, feeds, and beverages ($0.2 billion) and automotive vehicles, parts, and engines ($0.1 billion). Other goods were virtually unchanged.

Services imports increased $0.1 billion from October to November. The increase was more than accounted for by an increase in other transportation. A decrease in travel was partly offsetting. Changes in the other categories of services imports were small.

The November 2008 to November 2009 decrease in imports of goods reflected decreases in industrial supplies and materials ($5.7 billion); capital goods ($2.2 billion); other goods ($0.7 billion); and foods, feeds, and beverages ($0.6 billion). Increases occurred in consumer goods ($0.6 billion) and automotive vehicles, parts, and engines ($0.1 billion).

Services imports decreased $1.3 billion from November 2008 to November 2009. Decreases in other transportation ($0.8 billion), passenger fares ($0.7 billion), and travel ($0.5 billion) were partly offset by an increase in
other private services ($0.4 billion).

Goods by geographic area (not seasonally adjusted)

• The goods deficit with Canada decreased from $2.1 billion in October to $1.4 billion in November. Exports decreased $0.4 billion to $18.6 billion, while imports decreased $1.1 billion to $20.1 billion.
• The goods deficit with China decreased from $22.7 billion in October to $20.2 billion in November. Exports increased $0.5 billion to $7.3 billion, while imports decreased $2.0 billion to $27.6 billion.
• The goods deficit with the European Union increased from $4.9 billion in October to $6.4 billion in November. Exports decreased $1.9 billion to $18.7 billion, while imports decreased $0.4 billion to $25.1 billion.