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Dear friends! For more than three years I've been telling you about the main news, events, trends in the world oil and gas market. I do it for free and without advertising. Therefore I ask you for help. Wognews needs development. You are more than 20 000 people from more than 80 countries. If each donate a small amount of money, $10, $20, $30 or more, wognews will become better. Thank you, Vladimir Vinogradov, the founder of wognews.
2016-08-08 18:55:00

U.S. DEFICIT UP TO $44.5 BLN

U.S. DEFICIT UP TO $44.5 BLN

 

OIL PRICES JUL - AUG 2016

 

OIL PRICES SEP 2015 - AUG 2016

 

According to U.S. Department of Commerce, the goods and services deficit was $44.5 billion in June, up $3.6 billion from $41.0 billion in May, revised. June exports were $183.2 billion, $0.6 billion more than May exports. June imports were $227.7 billion, $4.2 billion more than May imports.

The June increase in the goods and services deficit reflected an increase in the goods deficit of $3.8 billion to $66.0 billion and an increase in the services surplus of $0.3 billion to $21.5 billion. 

Year-to-date, the goods and services deficit decreased $5.8 billion, or 2.3 percent, from the same period in 2015. Exports decreased $54.2 billion or 4.7 percent. Imports decreased $60.0 billion or 4.3 percent.

USA INTERNATIONAL TRADE GOODS & SERVICES 2014- 2016

 

The average goods and services deficit increased $3.0 billion to $40.9 billion for the three months ending in June. 

  • Average exports of goods and services increased $1.0 billion to $182.8 billion in June. 
  • Average imports of goods and services increased $4.0 billion to $223.7 billion in June. 

Year-over-year, the average goods and services deficit decreased $0.4 billion from the three months ending in June 2015. 

  • Average exports of goods and services decreased $8.0 billion from June 2015. 
  • Average imports of goods and services decreased $8.4 billion from June 2015. 

 

U.S. GOODS & SERVICES TRADE BALANCE 2014 - 2016

 

Exports of goods increased $0.5 billion to $120.4 billion in June. 

Exports of goods on a Census basis increased $0.7 billion. 

  • Foods, feeds, and beverages increased $0.6 billion. 
  • Consumer goods increased $0.4 billion.
  • Capital goods increased $0.3 billion.

Net balance of payments adjustments decreased $0.2 billion. 

Exports of services increased $0.1 billion to $62.8 billion in June. 

  • Financial services and maintenance and repair services each increased $0.1 billion.
  • Travel (for all purposes including education) decreased $0.1 billion. 

Imports of goods increased $4.4 billion to $186.4 billion in June. 

Imports of goods on a Census basis increased $4.2 billion. 

  • Industrial supplies and materials increased $2.3 billion. 
    • Crude oil increased $1.4 billion. 
  • Consumer goods increased $1.9 billion.  
  • Capital goods increased $1.0 billion. 

Net balance of payments adjustments increased $0.1 billion. 

Imports of services decreased $0.2 billion to $41.2 billion in June.

  •  Travel (for all purposes including education) decreased $0.1 billion. 
  • Transport, which includes freight and port services and passenger fares, decreased $0.1 billion. 

The real goods deficit increased $3.8 billion to $64.7 billion in June. 

  • Real exports of goods decreased $0.6 billion to $117.1 billion. 
  • Real imports of goods increased $3.2 billion to $181.8 billion.

 

U.S. INTERNATIONAL TRADE GOODS & SERVICES

 

-----

Earlier: 

U.S. NEED MONEY 

U.S. ECONOMY: EVEN WORSE 

U.S. THE STEEPEST CUTS 

U.S. NEED MORE MONEY 

U.S. BANKRUPTCY & BUBBLES

 

 

 

Tags: USA, OIL, PRICES, TRADE, GOODS, SERVICES

Chronicle:

U.S. DEFICIT UP TO $44.5 BLN
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RUSSIA - KURDISTAN INVESTMENT

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U.S. DEFICIT UP TO $44.5 BLN
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IRAN'S GAS EXPORT: ABOVE 5 BCM

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U.S. DEFICIT UP TO $44.5 BLN
September, 22, 08:40:00

IRAQI OIL TO U.S.

Gazprom Neft has shipped its second and largest cargo of Iraqi crude to the US since the Badra field, its flagship overseas oil project, came on stream in 2014, the Russian oil company said Tuesday.

U.S. DEFICIT UP TO $44.5 BLN
September, 22, 08:35:00

QATAR - TURKEY LNG

Qatargas has agreed to sell 1.5 million tpy of LNG to Turkey’s BOTAŞ Petroleum Pipeline Corporation (BOTAŞ) over a period of three years

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